Ethina rises 17 % a week! – Appointed the Ena Road to $ 1 star-news.press/wp

Main meals

Eathina broke out in a resistance area from February a week ago. Usde attracts huge flows, and this capital seeks to return. The announcement of the first Ethaina company to the Ministry, which focuses on Stablecoin, has strengthened a bullish condemnation.

ETHENA (ENA) has increased by 17.6 % over the past seven days, although the price has regained 10.45 %, at the time of the press, during the past 24 hours.

This decline came after Ena reached a resistance of $ 0.67, a level previously circulated in early February.

Source: Ena/USDT on TradingView

The price chart for one day showed that the symbol was very optimistic.

After spending less months than the resistance level 0.485 dollars, Ena penetrated and resistance to support in late July. It followed her strong performance during the past week this main support/resistance.

OBV rose up from ever in July, as it captured the fixed purchase pressure on the Ena.

However, MFI has shown a declining difference in recent days. This has helped explain the decline, and the price has not ended yet.

With Bitcoin (BTC) drop below the mark of $ 115,000, a deeper decline through the encryption market can be imminent. Do scales on the series show a local summit of Ethina?

Ena Treasury, Breakbacks and Hayes Conviction

On July 25, Lookonchain I mentioned that Arthur HayesThe co -founder of Bitmex, bought 2.16 million Ena, at a value of $ 1.03 million at the time. Arkham data He showed that he owns 7.76 million ENA worth $ 4.59 million.

Etheina new cabinet vehicle, StablecoinxIt has announced plans to follow up on the “multi -year treasury strategy to build an ena reserve.”

This development is expected to be Very Long -term. The goal of the price is not just a noise.

source: Glass

July witnessed a rapid increase in daily active headlines. This type of activity can mean a sale of profit holders as Ena violated the highest local levels.

source: Vocal

However, the supply distribution did not show sustainable pressure for sale from my holder. Through a group of holders, there was no group that was constantly selling, which was a fan.

in After xCrypting analyst Ali Martinez Note that the whales continued to collect Ena. The number of headlines containing 100k-1m Ena has grown from 514 to 574. The smaller headlines continued to buy more Ethina.

All evidence indicates an ongoing gathering in Ena, although traders and investors should warn a short -term withdrawal and fluctuation of prices.