Ethena is Predicted to Reach $ 0.370836 By Apr 23, 2025

By CoinCodex

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Ethena is up 3.46% today against the US Dollar
  • ENA/BTC increased by 3.40% today
  • ENA/ETH increased by 3.92% today
  • Ethena is currently trading 23.81% below our prediction on Apr 23, 2025
  • Ethena dropped -22.93% in the last month and is down -66.90% since 1 year ago
Ethena price $ 0.282525
Ethena prediction $ 0.370836 (30.53%)
Sentiment Bearish
Fear & Greed index 33 (Fear)
Key support levels $ 0.269069, $ 0.262574, $ 0.256990
Key resistance levels $ 0.281147, $ 0.286731, $ 0.293225

ENA price is expected to rise by 30.53% in the next 5 days according to our Ethena price prediction

Ethena price today is trading at $ 0.282525 after gaining 3.46% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.11% in the same time period. ENA performed well against BTC today and recorded a 3.40% gain against the world’s largest cryptocurrency.

According to our Ethena price prediction, ENA is expected to reach a price of $ 0.370836 by Apr 23, 2025. This would represent a 30.53% price increase for ENA in the next 5 days.

ENA Price Prediction Chart

Buy/Sell Ethena

What has been going on with Ethena in the last 30 days

Ethena has been displaying a negative trend recently, as the coin lost -22.93% in the last 30-days. The medium-term trend for Ethena has been bearish, with ENA dropping by -67.62% in the last 3 months. The long-term picture for Ethena has been negative, as ENA is currently displaying a -66.90% 1-year price change. On this day last year, ENA was trading at $ 0.853642.

Ethena reached its all-time high price on Apr 11, 2024, when the price of ENA peaked at $ 1.52. The current ENA cycle high is $ 1.33, while the cycle low is at $ 0.196105. ENA has been displaying high volatility recently – the 1-month volatility of the coin is at 13.04. Ethena recorded 15 green days in the last 30 days.

Ethena technical analysis for today – Apr 18, 2025

The sentiment in the Ethena markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 0.269069, $ 0.262574 and $ 0.256990, while $ 0.281147, $ 0.286731 and $ 0.293225 are the key resistance levels.

Bearish sentiment for Ethena

7 indicators are currently signaling a bullish prediction for Ethena, while 19 indicators are showing a bearish forecast. With 73% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Ethena.

Crypto market is currently experiencing Fear

Currently, the Fear & Greed index is at 33 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Ethena moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Ethena is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential
MA3 $ 0.277987 (BUY) $ 0.295867 (SELL)
MA5 $ 0.296761 (SELL) $ 0.301536 (SELL)
MA10 $ 0.313134 (SELL) $ 0.318850 (SELL)
MA21 $ 0.324468 (SELL) $ 0.344419 (SELL) -$ 0.04 (BUY) $ 0.483925 (SELL)
MA50 $ 0.364287 (SELL) $ 0.407417 (SELL) -$ 0.14 (BUY) $ 0.060504 (BUY)
MA100 $ 0.519732 (SELL) $ 0.497673 (SELL)
MA200 $ 0.581361 (SELL) $ 0.551838 (SELL)
Period Value Action
RSI (14) 39.84 NEUTRAL
Stoch RSI (14) 61.66 NEUTRAL
Stochastic Fast (14) 19.16 BUY
Commodity Channel Index (20) -66.67 NEUTRAL
Average Directional Index (14) 17.28 NEUTRAL
Awesome Oscillator (5, 34) -0.04 NEUTRAL
Momentum (10) -0.01 NEUTRAL
MACD (12, 26) 0.00 NEUTRAL
Williams Percent Range (14) -80.84 BUY
Ultimate Oscillator (7, 14, 28) 39.19 NEUTRAL
VWMA (10) 0.30 SELL
Hull Moving Average (9) 0.30 SELL
Ichimoku Cloud B/L (9, 26, 52, 26) 0.35 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Ethena is at 39.84, suggesting that ENA is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Ethena over the last 50 days. Currently, Ethena is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the ENA closing price for the last 200 days. ENA is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Ethena prediction

After considering the above factors, we can conclude that the current forecast for Ethena price prediction is Bearish. ENA would have to increase by 30.53% to hit our $ 0.370836 target within the next five days. Moving forward, it will be important to monitor the ENA market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Ethena price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Source:: Ethena is Predicted to Reach $ 0.370836 By Apr 23, 2025