Athena Protocol Gains Momentum with TVL Increase to $2.75 Billion, Ready for $1?

๐Ÿ“ˆ Bitcoin breaks $70,000 and Ethereum eyes $4,000! But wait, there's more: Athena Protocol's TVL soars 20%, signaling renewed user confidence! ๐ŸŒŸ

๐Ÿ“ˆ ATHENA COIN UPDATE:

๐Ÿ’ฐ Price surged from $0.653 to $0.937 ๐Ÿ“ˆ

๐Ÿ’ผ Market cap now at $1.42 Billion ๐Ÿ’ผ

๐Ÿ“ˆ Recovery breached resistance trendline, escaping a six-week correction ๐Ÿ“ˆ

๐Ÿ“Š INTO THE BLOCK REPORT:

๐Ÿš€ Ethena's TVL reaches $2.75 billion, up nearly 20% in 2 weeks! ๐Ÿš€

๐Ÿ”’ Increased TVL indicates renewed interest and confidence in Ethena protocol ๐Ÿ”’

๐Ÿ“ˆ Positive indicator of platform's health and popularity ๐Ÿ“ˆ

๐Ÿ“ˆ TECHNICAL INDICATORS:

๐Ÿ“ˆ ENA price jumps above 20- and 50-day EMA, indicating strengthening buyer grip ๐Ÿ“ˆ

๐Ÿ“ˆ ADX slope rising at 14%, hinting at a prolonged rally ๐Ÿ“ˆ

Exciting times ahead for Athena and the crypto market! Stay tuned for more updates! ๐Ÿš€๐Ÿ’ฐ

#ENAUSDT๐Ÿšจ #CryptoWatchMay2024 #BullishTrend