↑ Ethena (ENA) Crypto Shows Resilience Amid Market Volatility as It Nears $1
ENA , also known as Ethena, has seen a significant increase in activity according to a multitude of reports. With mentions of a crypto market...
In Ethena Labs' many recent developments, it has pulled an impressive $440 Million in ENA from Coinbase Prime, tailing key support of $0.55 with eyes on a promising $0.80 breakout. As Bitcoin takes a rest, cryptos like ENA, HYPE, and WLFI are making notable strides. Ethena is under increased pressure after a bout of hype, as analysts pay close attention to support at $0.39 and resistance at $0.66 for the next rally. ENA, LINK, and AAVE have become the prime focus of whales, anticipating altcoin rally.
Ethena's price analysis suggests bulls might propel past $1.0 if the current support at $0.70 remains resilient. The crypto market crash has put ENA at a critical juncture, with support between $0.43–$0.37 shaping its fate. Meanwhile, Ethena retains bullish momentum above $0.72, potentially outperforming DeFi Tokens with a $1.40 breakout on the cards.
A 30% rally towards $0.62 is anticipated as $0.46 support sustains, backed by prospects of ENA touching $7 amid strong momentum and altcoin season. The $1-$1.50 forecast appears bullish, with Ethena being tipped to touch $1.37. Ethena analysts are bullish on the prospects of hitting $1.20, even as the coin seeks sturdy backing to cross the $1.37 mark this year. A vital booster was with Transak adding USDe to Fiat on-ramp, possibly pushing ENA, riding on adoption wave, to hit $1.
ENA Coin News Analytics from Mon, 21 Jul 2025 07:00:00 GMT to Wed, 10 Dec 2025 01:32:10 GMT - Rating 7 - Information 8 - Rumor -3