• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Ethena (ENA) Price Ready to go 10x from Here- Will it Make it to $2?
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Price Analysis > Ethena (ENA) Price Ready to go 10x from Here- Will it Make it to $2?
Price Analysis

Ethena (ENA) Price Ready to go 10x from Here- Will it Make it to $2?

vitalclick
Last updated: May 14, 2025 2:13 pm
2 weeks ago
Share
SHARE

Ethena has been gearing up for a strong move for the past several months, and the latest rise has helped the token to achieve its target. The TVL spiked heavily since the last trading day, while the price is also holding strongly above the gains. This suggests the range around $0.42 to $0.44 has become a strong support range with a potential for a significant pump. 

The ENA price was at its peak at the start of the year. In the times when the price was expected to rise above the current highs close to $1.5, the price faced an 80% pullback to form lows around $0.255. However, the latest rebound that came after a prolonged consolidation between $0.35 and $0.25 hints towards the resurgence of bullish dominance over the token. Moreover, the token is about to repeat the previous pattern and hence displays the possibility of a 200% rise in the next few months. 

During the previous breakout, the price formed an inverse head and shoulder pattern and broke above the neckline. Currently, the price has broken above the falling wedge and is experiencing a small retest following the breakout. The MACD shows a rise in the buying volume while the levels have just entered the positive range for the first time since the start of the year. This suggests a major price action could be fast approaching. 

The price has risen above the 50-day MA ever since Ethena broke above the pattern, suggesting the token has entered a bullish range. With the technicians in place, the price is expected to maintain a healthy ascending trend, forming consecutive higher highs and lows to reach the resistance zone between $0.52 and $0.54. Once the ENA price rises above the range, the possibility of a Golden Cross could be higher. 

Hence, the Ethena price is displaying huge bullish momentum and is believed to maintain a healthy upswing beyond $1 by the end of Q2, 2025.

Share this crypto insight with your network!

You Might Also Like

BTC, ETH, XRP, ADA, SOL Price Analysis for Today!

BINANCE to Burn SHIB! Can it reach $0.00002065?

Dogecoin is Facing Rising Bearish Threat as It Drops Toward $0.16: Will Buyers Bounce Back?

$1,000 Target Still in Play

This Meme Coin To Lead The Solana Bull Run In Q4 2024?

TAGGED:Price Analysis
Share This Article
Facebook Twitter Email Print
Previous Article The expert announced that he expects a period similar to DOT-Com the balloon in the crypto market.
Next Article Will ETH Price Break $3,000 or Consolidate?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?