Ethena Price Analysis for Today (Nov 16, 2024)

The current price of Ethena ($ENA ) is $0.5484 , the price is down -2.08% in the last 24 hours. ENA is currently listed on 34 exchanges , and 472,515,610 ENA coins have been traded in the last 24 hours, representing $259,126,163 in trading volume.

Ethena (ENA) opened at $0.5345 today. This is up 2.59% from its opening price. Despite rallying to $0.5754, Ethena (ENA) has encountered resistance and has failed to maintain the momentum higher. From the highest price over the last 30 and 7 days, its value has decreased by -17.92%, while from the lowest price recorded over the same period, it has increased by 71.80% and 12.73%.

According to our analysis, ENA needs to remain above $0.4415 to potentially move towards the first major resistance level at $0.5547. A break above $0.5547 could lead to ENA rising to the next resistance level at $0.6573. The third resistance is at $0.8206.

If the price falls, the first support level to watch out for is $0.4415. If this level fails to hold, further decline to the next support level at $0.3525 is possible. $DYM $BOME