Etherena primed for potential bullish surge past $0.96 resistance level
Ethena, the cryptocurrency with the ticker symbol ENA, has been making waves in the market as it approaches new yearly highs. A breakout above the $0.96 resistance could mark these new highs, according to analysts.
The volume profile for Ethena indicates sustained above-average buying activity, supporting the bullish outlook. If Ethena pulls back to $0.67 and holds, a reversal toward the $0.96 resistance is expected. A successful bounce from $0.67 could propel Ethena toward the $0.96 resistance.
Support at $0.67 and Resistance at $0.96
The upcoming price predictions for Ethena by the end of 2025 revolve around a support level near $0.67 and a resistance close to $0.96.
According to 3Commas' forecast, the average price of ENA by late 2025 is around $0.67, with a minimum price estimate close to $0.64 and a maximum near $0.71. This suggests the $0.67 level acts as a short-term support where price may stabilize if downward pressure occurs.
While direct mention of $0.96 as resistance is less frequent, monthly price predictions from Traders Union show price ceilings gradually rising toward this level in 2026 ($0.85 in late 2025 to nearly $0.98 by mid-2026), indicating that $0.96 is a plausible near-future resistance level during a bull trend continuation.
Price Movement Outlook
Predictions vary considerably. XT.com notes a possible surge beyond $1.50 if market conditions remain healthy, but also a bearish scenario where price may drop to about $0.50–$0.57 range, indicating high volatility around current support/resistance zones.
Brave New Coin highlights recent bullish momentum triggered by a golden cross technical indicator with targets above $1, reinforcing the possibility of breaking the $0.96 resistance in a strong uptrend.
Traders Union month-by-month forecasts for late 2025 show average prices in the $0.77–$0.81 range with increasing maximums, gradually approaching the $0.96 resistance level in following months.
Conclusion
In summary, Ethena's price is expected to fluctuate between the $0.67 support and $0.96 resistance in the near term with the potential to break above resistance to reach $1+ levels, contingent on market momentum, technical indicators, and overall crypto market conditions. The key focus is on whether ENA holds above $0.67, which could signal sustained bullish momentum towards $0.96 and beyond, or if a drop below could lead to testing lower supports near $0.55–$0.60.
- Token sales of Ethena's native cryptocurrency, ENA, were initiated through an ICO several years ago, making it an intrinsic part of the burgeoning crypto finance landscape.
- As the price of ENA surges, traders are taking notice of this crypto technology's potential, particularly its ability to generate sizable profits for investors.
- With the technology underpinning Ethena being decentralized and secure, it has gained traction among blockchain enthusiasts, further fueling its adoption and trading activity.
- Meanwhile, speculators are observing the rising popularity of tokens associated with the Shiba Inu meme, which may impact the broader crypto market, including the destiny of Ethena's tron-based token in the finance world.