Crypto market’s weekly winners and losers – KAIA, CC, ENA, ARB
Ethena [ENA] had a rough week, extending its downtrend with a drop of roughly 15% over the last several sessions. There’s been a steady series of lower closes, with price slipping below the $0.18 support zone and failing to attract meaningful dip buying.
Source: TradingView
RSI was near oversold levels, while a negative CMF confirmed capital outflows. Volume thinned as the week progressed, so buyers don’t seem quite confident.
ENA seems to be in a consolidation-at-the-lows phase, with the market waiting before reassessing downside risk.
Arbitrum [ARB] is weak with a lesser pace
Arbitrum [ARB] slid close to 15% with higher selling pressure. The chart showed a breakdown from the $0.20-$0.21 zone, followed by a steady float toward the…
