The Ethena price dropped by a fraction of a percentage to trade at $0.84 as of 02:54 a.m. EST on trading volume that soared 167% to $770 million.
But ENA was still the top trending crypto on CoinMarketCap after the U.S. Securities and Exchange Commission (SEC) approved eight Ethereum ETFs  (exchange-traded funds), in what was seen as a landmark regulatory breakthrough for the crypto industry.

截至美国东部时间凌晨 02:54，Ethena 价格下跌了一小部分，交易价格为 0.84 美元，交易量飙升 167% 至 7.7 亿美元。但 ENA 仍然是 CoinMarketCap 上继美国证券交易委员会之后最热门的加密货币（美国证券交易委员会 (SEC) 批准了 8 只以太坊 ETF（交易所交易基金），这被视为加密行业的里程碑式监管突破。

BOOM!! APPROVED! There it is. The SEC just approved spot #Ethereum ETFs. What a turn of events. It's really happening.
h/t @PhoenixTrades_ pic.twitter.com/KQ39mDyCbT
— James Seyffart (@JSeyff) May 23, 2024

繁荣！！得到正式认可的！就在那里。美国证券交易委员会刚刚批准了#Ethereum ETF 现货。事情发生了怎样的转变。这真的正在发生。 h/t @PhoenixTrades_ pic.twitter.com/KQ39mDyCbT — James Seyffart (@JSeyff) 2024 年 5 月 23 日

Despite the news, ETH plunged 4% in the last 24 hours to trade at $3,667 as traders sold on the news. As Ethena is built on the Ethereum blockchain, its performance was also dragged back. But it’s still up almost 19% in a week, fired by expectations of ETH ETF approvals.
The Ethena price retraced in May, dropping from the $0.89 resistance to find support around $0.65, data from GeckoTerminal shows. ENA bulls may have gained control at this level, pushing the price back to the $0.89 resistance. However, ENA then dropped back to the $0.80 support.
With the news, ENA soared to the $0.89 resistance, forming the handle part of a cup and handle pattern, as the bulls aim to capitalize on it to push the price above.
Ethena Price Set To Rally Over The $0.89 Resistance

尽管有这一消息，但由于交易员因消息而抛售，ETH 在过去 24 小时内暴跌 4%，至 3,667 美元。由于 Ethena 是建立在以太坊区块链上的，因此其性能也受到了拖累。但由于 ETH ETF 获批的预期，该价格在一周内仍上涨了近 19%。 GeckoTerminal 的数据显示，Ethena 价格在 5 月份回撤，从 0.89 美元的阻力位回落，在 0.65 美元左右找到支撑。 ENA 多头可能已经控制了这一水平，将价格推回到 0.89 美元的阻力位。然而，ENA 随后回落至 0.80 美元支撑位。受此消息影响，ENA 飙升至 0.89 美元阻力位，形成杯柄形态的手柄部分，多头旨在利用这一点将价格推高。Ethena 价格设定反弹至 0.89 美元阻力位

ENAUSD Chart Analysis Source: GeckoTerminal.com

ENAUSD 图表分析 来源：GeckoTerminal.com

ENA is trading above the 50-day Simple Moving Average (SMA), which acts as the immediate support level of around $0.78. If the bulls sustain the bullish rally over this support, ENA will soar over the 200-day SMA, trading at $0.8419.
Moreover, the Relative Strength Index (RSI) trades above the 50-midline level as it drops, which coincides with the current price drop.
On the 4-hour chart, ENA seems to be on a bullish long-term rally, with the Average Directional Index (ADX) trading above level 25, currently at 33, which shows that ENA is on a strong bullish trend.
Ethena Price Prediction
The technical and fundamental analysis of Ethena’s price indicates that ENA is poised to continue surging over the cup and handle pattern as the bulls set their sights on $1.15.
However, in an inverse scenario, the bears may continue exerting pressure on the price, which may drive ENA down to the next support zone at $0.78.
Meanwhile, as the ENA bulls aim for a trend reversal, some traders are rushing to buy the multi-chain Dogecoin derivative ICO Dogeverse before its presale ends in less than 10 days.
After raising $15 million in early funding, it is no wonder that crypto YouTuber Jacob Bury says DOGEVERSE has the potential to soar 100X after launch. 

ENA 的交易价格高于 50 日简单移动平均线 (SMA)，该平均线是 0.78 美元左右的直接支撑位。如果多头在该支撑位上维持看涨反弹，ENA 将飙升至 200 日均线上方，交易价格为 0.8419 美元。此外，相对强弱指数 (RSI) 在下跌时交投于 50 中线水平之上，这与当前的4小时图上，ENA似乎处于看涨的长期反弹中，平均方向指数（ADX）交投于25水平上方，目前为33，这表明ENA处于强劲的看涨趋势中。 Ethena 价格预测 Ethena 价格的技术和基本面分析表明，随着多头将目光投向 1.15 美元，ENA 准备继续在杯柄形态上飙升。然而，在相反的情况下，空头可能会继续对价格施加压力，这可能会推动 ENA 跌至下一个支撑区域 0.78 美元。同时，由于 ENA 多头的目标是趋势逆转，一些交易者在多链狗狗币衍生品 ICO Dogeverse 预售结束不到 10 天之前争先恐后地买入。在早期融资中筹集了 1500 万美元，难怪加密货币 YouTuber Jacob Bury 表示 DOGEVERSE 在推出后有潜力飙升 100 倍。 

Dogeverse Offers Investors Last Chance To Buy Before Launch
Dogeverse (DOGEVERSE) is the first meme coin to operate across multiple networks. It’s deployed on Ethereum, Solana, Polygon, BNB Chain, Avalanche, and Base. By bridging the six blockchains, the token seeks to create a unified space for market participants and investors.
The project is inspired by the mascot Cosmo, which can hyperjump between crypto networks, allowing token holders to seamlessly bridge between various crypto chains.

Dogverse 为投资者提供发布前最后的购买机会Dogeverse (DOGEVERSE) 是第一个跨多个网络运行的模因币。它部署在以太坊、Solana、Polygon、BNB Chain、Avalanche 和 Base 上。通过桥接六个区块链，该代币旨在为市场参与者和投资者创建一个统一的空间。该项目的灵感来自于吉祥物Cosmo，它可以在加密网络之间进行超级跳跃，让代币持有者能够在各个加密链之间无缝桥接。

Why limit to one when you can have it all? $DOGEVERSE begins on the secure #Ethereum network, ensuring robust security and reliability. 🛡️💻
🔥 Bridging gaps between #Cryptocurrency ecosystems, we enhance liquidity, utility, and fun across the entire #Cryptoverse! 🎉#AltSeason pic.twitter.com/zOg8albhry
— DogeVerse (@The_DogeVerse) May 3, 2024

当你可以拥有一切时，为什么要限制为一件呢？ $DOGEVERSE 始于安全的 #Ethereum 网络，确保强大的安全性和可靠性。 🛡️💻🔥 弥合#Cryptocurrency生态系统之间的差距，我们增强了整个#Cryptoverse的流动性、实用性和乐趣！ 🎉#AltSeason pic.twitter.com/zOg8albhry — DogeVerse (@The_DogeVerse) 2024 年 5 月 3 日

Dogeverse also offers investors an enticing native staking option with a 51% annual percentage yield (APY). As the project deployed its smart contract on the Ethereum network, only purchases made with ETH are eligible for staking.
The Dogeverse presale ends on June 3 at 10 a.m. UTC. Claims will then commence two days later, on June 5, at 10 a.m. UTC.

Dogeverse 还为投资者提供了诱人的原生质押选项，年收益率 (APY) 为 51%。由于该项目在以太坊网络上部署了智能合约，因此只有使用 ETH 进行的购买才有资格进行质押。Dogeverse 预售将于世界标准时间 6 月 3 日上午 10 点结束。索赔将于两天后，即 6 月 5 日上午 10 点（世界标准时间）开始。

Get ready to blast off with Cosmo! 🚀🌀
⏳ #Presale ends on June 3rd at 10 AM UTC!
🌐 Claim launches on June 5th at 10 AM UTC!
This is your LAST CHANCE to join Cosmo on his #Blockchain adventures before the official launch! 🌌
Don’t miss out! The clock is ticking! 📣… pic.twitter.com/QwpzWcm947
— DogeVerse (@The_DogeVerse) May 23, 2024

准备好与 Cosmo 一起起飞吧！ 🚀🌀 ⏳ #预售将于世界标准时间 6 月 3 日上午 10 点结束！ 🌐 领取将于世界标准时间 6 月 5 日上午 10 点启动！这是您在正式发布之前与 Cosmo 一起参与 #Blockchain 冒险的最后机会！ 🌌不要错过！时钟正在滴答作响！ 📣… pic.twitter.com/QwpzWcm947 — DogeVerse (@The_DogeVerse) 2024 年 5 月 23 日

There’s still time to participate in the presale by buying $DOGEVERSE for $0.00031 per token. Buy soon, though, before the team launches the token on major exchanges.
Buy $DOGEVERSE on the official website here.
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现在还有时间以每个代币 0.00031 美元的价格购买 $DOGEVERSE 来参与预售。不过，在团队在主要交易所推出代币之前，请尽快购买。在官方网站上购买 $DOGEVERSE。相关新闻

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