Markets· ★★★· bearish·

ENA Falls 6.6% to $0.25 Ahead of USDe Incentive Cutoff

  • —ENA fell 6.6% to $0.250, paring a 77.58% gain over 14 days
  • —USDe incentives end September 30, after a 9.1% drop over the weekend
  • —A new wallet accumulated 18.84 million ENA worth $4.91 million at $0.2607
  • —RSI at 68.4 and Bollinger %B at 78.6 signal overbought conditions
Why it matters: The end of USDe incentives cuts demand for ENA, though a large new wallet purchase may limit further downside.
Source: DiarioBitcoin