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Market Cap:
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Bitcoin Bitcoin Share: 49.84%
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CoinGape
2024-05-01 02:57:52

Ethena Price Caught in Wedge Pattern Sets Renewed Recovery Beyond $1

Ethena Price Caught in Wedge Pattern Sets Renewed Recovery Beyond $1

Amid the post-halving volatility in Bitcoin, the altcoin market has showcased a consolidating trend with a slight bearish tone. ENA, the token of decentralized finance (DeFi) protocol Ethena, is reflecting this downswing by resonating within two downsloping trendlines of falling wedge patterns. However, this pattern is known for indicating the maturity of a downtrend indicating The post Ethena Price Caught in Wedge Pattern Sets Renewed Recovery Beyond $1 appeared first on CoinGape .

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