CandleFocus ENA Leaps 33% With New Proposals: Is $0.50 Within Reach?
2024-10-16
Author: Content Editor
Ethena's ENA cryptocurrency has surged by 33% in just one week, reaching a price of $0.3887. This increase in price is fueled by a proposal to add Solana (SOL) as a backing asset for USDe. Traders are now eyeing a target of $0.50. ENA is currently the biggest gainer on Binance. Technical indicators and the price chart suggest continued bullish activity, with upcoming targets at $0.4431 and $0.5086. However, caution is advised as a potential retreat in price could occur. Overall, traders are optimistic about ENA's trajectory as the proposal for Solana's inclusion unfolds.
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