Today's largest price prediction for crypto assets: ENA, CFX, and XLM aim to expand the rebound, flashing the golden cross indicator.

Today (4th) during the Asian session, Ethena (ENA), Conflux (CFX), and Stellar (XLM) have all seen slight increases, continuing the upward trend from the weekend, outperforming the Crypto Assets market in the past 24 hours. From a technical perspective, the remaining bullish momentum may catalyze a bullish reversal for leading alts.

ENA targets golden cross, further pump

(Source: Trading View)

ENA rose nearly 14% on Sunday, holding above the psychological barrier of $0.50. As of Monday when this article was written, ENA is up over 2%, approaching last week's high of $0.66, with a relative strength index (RSI) of 62 on the daily chart, indicating strong bullish momentum.

The 50-day and 200-day Exponential Moving Averages (EMA) formed a golden cross, indicating that the short-term recovery speed exceeds the long-term trend. However, as the Moving Average Convergence Divergence (MACD) fell below the signal line on Saturday, a sell signal was issued, prompting investors to lower their bullish expectations. If the average line reverses, offsetting the recent cross and showing a rebound in the green histogram, it will trigger a buy signal.

If the closing price is definitively above the weekly high of $0.66, it may extend the bullish momentum to $0.79, with the last test on February 1.

On the other hand, if ENA breaks through the upper pressure, it may retest the support level of $0.48 that was last tested on July 24.

CFX aims at breaking through the range to expand the pump

(Source: Trading View)

CFX surged over 15% on Sunday, rebounding from the 50% retracement level of $0.1847, which dropped from $0.5500 on March 24 to $0.0620 on April 17. As of Monday's press time, CFX is down over 1%, maintaining a sideways trend below the 61.8% Fibonacci level of $0.2390.

If the closing price decisively breaks through that level, it may extend the bullish momentum to the 78.6% Fibonacci level of 0.3448 USD.

The MACD and its signal line converge on the same chart, issuing mixed signals, while the RSI reading is 65, indicating that bullish momentum has been maintained.

The downside is that the reversal of CFX may retest the support level of 0.1847 USD.

XLM bounced from the 50-day moving average, target price is 0.45 USD

(Source: Trading View)

XLM held above the 50-day moving average, rising nearly 9%, forming a bullish engulfing candlestick. As of the time of publication on Monday, XLM's reversal trend continued at 3%, breaking through the 61.8% Fibonacci level of 0.3930 USD, which has risen from 0.5607 USD on December 1 to 0.2212 USD on April 8.

Investors may consider continuing to pump to $0.4595, aligning with the 78.6% Fibonacci level, as the RSI of 54 reappears above the midline, while the MACD rises closer to its signal line, indicating a trend reversal.

On the contrary, a reversal may retest the 50-day EMA at $0.3648.