Ethena Price Prediction: Others Count ENA Out, but One Analyst Sees a Rally Ahead

Daily ENA chart analysis

Key highlights:

  • The ENA price is holding a key $0.055–$0.08 accumulation zone after a prolonged correction.
  • Active addresses and transfer activity are rising even as the ENA price remains near cycle lows.
  • Ethena’s upcoming fee switch vote could become a major catalyst for the ENA price.

places the price at $0.05966, which is below current trading levels and indicates that analysts expect the ENA price to remain under pressure unless it breaks above key resistance and attracts stronger buying demand.

 

Source:: Ethena Price Prediction: Others Count ENA Out, but One Analyst Sees a Rally Ahead