Here’s why Ethena [ENA] faces selling risk despite undervalued signals

Ethena [ENA] recorded a 12.82% drop on Thursday, 2 April, when its price slid from $0.0905 to $0.0789. Now, it has bounced back above $0.08 since then. However, at press time, its long-term trend w...

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Here’s why Ethena [ENA] faces selling risk despite undervalued signals

Source: cryptonews.net

Ethena [ENA] recorded a 12.82% drop on Thursday, 2 April, when its price slid from $0.0905 to $0.0789. Now, it has bounced back above $0.08 since then. However, at press time, its long-term trend was still bearish.Source: GlassnodeThe MVRV pricing bands ...

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