Ethena price prediction for today, December 15, shows that ENA is on a bullish path! 🚀 Currently, Ethena is priced at $1.19, with a market cap of $3.57 billion. 📈
ENA has shown impressive growth since hitting an all-time low of $0.1953 on September 6, 2024, up about 505%! 💥 Although the current price is ranging between $1.11 and $1.23, ENA has yet to reach its record high of $1.52 from April 2024.
Technical analysis shows that ENA/USD is testing the upper boundary of the ascending channel around $1.20. If buying pressure continues, there is a possibility that ENA could break through the resistance level of $1.40 and head towards higher targets such as $1.50, $1.60, and $1.70. 🌟 However, if it fails, the price could return to the support level around $1.00 or even lower.
Meanwhile, the ENA/BTC pair is also showing bullish momentum, approaching the upper boundary of the ascending channel around 1168 SAT. 💪 If this momentum continues, ENA/BTC could test the key resistance level at 1420 SAT.
With Ethena's trading volume surging 174%, the market is showing significant interest. 📊 However, leveraged trading activity is also worth noting as it could add volatility.
Alternatively, Wall Street Pepe has emerged as the hottest meme coin of 2024, drawing attention with its outstanding presale performance. 🐸 With the growing community support, this could be an interesting opportunity for investors looking for big profit potential in the meme coin market. 💰
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