The past eight months of Ethena (ENA) price movements clearly show how volatile and cyclical the cryptocurrency market can be. From October 2024 to early December, the token’s price jumped rapidly from $0.30 to nearly $1.31. After prices shot up, they fell just as fast, dropping to around $0.36, which
The modest loss of 1.51% in market cap has pulled back to $3.28 trillion. The downturn caused the assets to fall from their former highs to lows. Bitcoin trades at $103.4K and Ethereum hovers at around $2.4K. Aligning with the active downtrend in the market, Ethena (ENA) has slipped by
When looking at the daily Ethena (ENA) technical chart, it shows possible early signs of recovery from a strong downtrend that started in January 2025. Ethena has demonstrated some positive upward movement in May after apparently finding a solid bottom at the $0.25500 level. The price action shows that ENA
The reversal of the prolonged downturn in the crypto market has pushed the assets to their former highs. Bitcoin and Ethereum have entered the bullish zone. Aligning with the trend, Ethena (ENA) has rallied over 18.52%. In the early hours, Ethena traded at the bottom range of $0.2987. The bullish
Despite the overall underperformance of the crypto market, some cryptocurrencies have been seeing significant price surges. One such cryptocurrency is Alchemy Pay’s ACH token, which saw its price increase by more than 39.12% in the past 24 hours. This surge follows a drop from its previous highs of $0.05805 recorded
Ethena (ENA) traded at $0.2929, marking an 8.13% daily decline. Its market cap dropped by 8.24%, standing at $1.62 billion. With a 24-hour trading volume of $100.6 million, ENA’s activity fell sharply by 41.31%. Despite the slump, its market cap ratio held at 6.06%, hinting at persistent, albeit weaker, trading
Ethena (ENA) is under heavy selling pressure after a $10.35 million token dump by Amber Group. The market maker offloaded a significant amount of ENA on Binance, rattling investors and fueling uncertainty. What makes this sell-off more alarming is that Amber Group acquired these tokens just two weeks ago at
Ethena (ENA) is trading at $0.3684, marking a 6.30% increase in the last 24 hours. Its market cap has risen to $1.18 billion, maintaining the same percentage gain. However, the 24-hour trading volume has dropped 15.74% to $220.92 million. The fully diluted valuation (FDV) stands at $5.52 billion. The total
The extended downturn in the crypto market has pushed Bitcoin down toward $86K, while Ethereum hovers around $2.1K. However, Ethena (ENA) tells a different story—defying the slump and rallying over 13.47%, securing its place as the day’s top gainer. In the early hours, Ethena traded at a low of $0.376.
Ethena’s price rose 10% in the last 24 hours showcasing buyers’ presence at the lower level. On the 4-hour timeframe, it gave a breakout above the 50-day EMA level indicating a short-term trend in the upward direction. In the 4 hours time frame Ethena’s price sustained above the 50-day EMA,
