Ethena Price Analysis for Today (Dec 23, 2024)

The current price of Ethena ($ENA ) is $1.04 , the price is down -2.29% in the last 24 hours. ENA is currently listed on 34 exchanges , and a total of 390,069,325 ENA coins have been traded in the last 24 hours, representing $406,055,743 in trading volume. $BTC $XLM

Ethena (ENA) opened at $1.03 today. This is up 1.22% from its opening price. Despite rallying to $1.11, Ethena (ENA) encountered resistance and failed to maintain the momentum to move higher. From the highest price over the last 30 and 7 days, its value has decreased by -21.59%, while from the lowest price recorded over the same period, it has increased by 85.86% and 22.07%.

According to our analysis, ENA needs to remain above $1.00 to potentially move towards the first major resistance level at $1.12. A breakout above $1.12 could lead to ENA rising to the next resistance level at $1.23. The third resistance is at $1.33.

If the price falls, the first support level to watch out for is $1.00. If this level fails to hold, further decline to the next support level at $0.9186.#2024Crypto #2024withBinance #Binancefutures