Ethena Price Prediction: Is $5 the Next Milestone for ENA?

Ethena Price Prediction 2025 it is expected to rise to $20

• #Ethena establishes a peak near $1.320 on April 3rd, followed by a corrective phase.

• Price action breaches the crucial psychological threshold at $1.00, registering a recent dip to $0.861.

• Noteworthy support is detected at the 61.80% Fibonacci retracement level, prompting a subsequent price rebound.

• The bullish trend of the newly introduced $ENA token remains intact, underpinned by a prominent trendline visible on the 1-hour chart.

• A recent surge in ENA's value surmounts the resistance barrier positioned at $1.25.

• The uptrend gains traction as bullish momentum triggers an upward breakout from an ascending triangle pattern, initiated upon surpassing the $1.20 mark.

• Presently, $ENA is exchanging hands at $1.38, exhibiting a 6.70% intraday appreciation and forming yet another bullish candlestick.

• The ongoing sequence of five consecutive bullish candles suggests a sustained increase in bullish sentiment.

• As per Fibonacci analysis, the ongoing breakout rally could potentially extend towards the $1.80 level.

• According to Coingabbar's analysis, #Ethena Price Prediction 2030 suggests an anticipated increase to $35.

KEY LEVELS :

RESISTANCE LEVEL : $2.000-$3.000

SUPPORT LEVEL : $0.850-$0.550

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