How the El Niño phenomenon can reverse the decline in cryptocurrency prices and achieve a 30% price rebound
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According to CoinWorld, despite the overall downturn in the cryptocurrency market, with bitcoin down 6.95% and altcoins down 7.98%, Layer 1 token Enso (ENSO) surged 30.8% within 24 hours, with daily trading volume soaring by 530%. After breaking below the key support level of $1.298, ENSO quickly rebounded above $1.45, demonstrating strong upward momentum. Analysts pointed out that $1.45 and $1.30 are potential buying zones, with target prices between $1.60 and $1.70, or even higher.
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