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Key Disruption
The Ethen has broken past an area of resistance from February a week ago. The USDE’s Ethna pulls in huge crowd, and this capital that followed the performance. The ethena’s ethena’s ethena’s ethena’s ethena’s ethena’s ethena
Eden [ENA] It was on 17.6% in the last seven days, even the price has portrayed 10.45%, at the time of picture, in the last 24 hours.
This portrait arrived after ESA reached the resistance of $ 0.67, a level that was first committed to early February.
Source: Ena / USDt on the vig-
The 1 day’s price chart has shown that token was extremely bullish.
After expenditure months under the level of resistance 0.485 0.485, is breaking through and from resistance to support by the end of July. His strong performance over the previous week follows this key support / endurance.
Obv has risen always higher in July, catch the stable purchase pressure on en.
However, the mfi showed a divergency that develops in recent days. This helped explain the restracted, and price price cannot be completed as well.
With bitcoin [BTC] Falling below the mark of $ 115k, a deeper mature in all the crypto market could be imminent. Make metric on the chain showed a local top for Ehene?
Ena Treasury, Buy, convictions and hayes
On 25 july, Lookonchain reported that Arthur hairBitmex co-founder, buy 2.16 million end, it is worth $ 1.03 million at the moment. Arkham data He showed him ..76 million ENA worth $ 4.59 million.
The tesore’s vehicle of the Ethena ethena, Stablecoinxadvertised plans to pursue a “multi-year-year strategy to build a reservation of illegation.”
This development is expected to be extremely in bullish for ehena in the long run. A Sorry of the $ 1 price could not be just hype.
Source: Warmth of glass
July has seen a quick increase in the active addresses of everyday. This type of activity may mean a seller from the holders that perform the profits such as Right Local Local.
Source: Singlent
Although the supply distribution has not expressed sales pressure supported by the holders. The entire amount of the holders, there was no cooretor that sales consistently, that was a factor incurred.
In a Post on xCrypto analyst Ali Martinez noticed that whales continued to accumulate E-tokens. The number of addresses with 100k-1M ISA from 514 to 574. The smaller addresses continued to buy morehna.
Evidence all pointed toward a continued slowly, although traders and investors should be attentive to a short-term pullback and volatility.
