Ethena Crypto Price Prediction: What to Expect in the Future?
Ethena (ENA) Price Prediction 2024, 2025–2030
Explore short and medium-term Ethena price prediction analysis and check long-term Ethena forecasts for 2025, 2030, and beyond
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Current Price | $ 0.421696 |
---|---|
Price Prediction | $ 1.272224 (225.68%) |
Fear & Greed Index | 48 (Neutral) |
Sentiment | Bullish |
Volatility | 16.76% |
Green Days | 16/30 (53%) |
50-Day SMA | $ 0.280715 |
200-Day SMA | - |
14-Day RSI | 58.36 |
According to our current Ethena price prediction, the price of Ethena is predicted to rise by 225.68% and reach $ 1.272224 by November 13, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 48 (Neutral). Ethena recorded 16/30 (53%) green days with 16.76% price volatility over the last 30 days. Based on the Ethena forecast, it's now a good time to buy Ethena.
Disclaimer: This is not investment advice. The information provided is for general information 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.
Long-term Ethena price prediction for 2025, 2026, 2027, 2028, 2029 and 2030
Based on the historical price movements of Ethena and the BTC halving cycles, the yearly low Ethena price prediction for 2025 is estimated at $ 0.390631. Meanwhile, the price of Ethena is predicted to reach as high as $ 1.830729 next year. Using the same basis, here is the Ethena price prediction for each year up until 2030.
Year | Yearly Low | Yearly High |
---|---|---|
2025 | $ 0.390631 | $ 1.830729 |
2026 | $ 0.662815 | $ 1.559066 |
2027 | $ 0.326502 | $ 0.831883 |
2028 | $ 0.357559 | $ 0.756557 |
2029 | $ 0.610555 | $ 1.235582 |
2030 | $ 1.074804 | $ 2.44 |
Ethena price prediction 2025
The Ethena price prediction for 2025 is currently between $ 0.390631 on the lower end and $ 1.830729 on the high end. Compared to today’s price, Ethena could gain
Ethena price prediction 2030
The Ethena price prediction for 2030 is currently between $ 1.074804 on the lower end and $ 2.44 on the high end. Compared to today’s price, Ethena could gain
Ethena Price Forecast Based on Technical Analysis
Sentiment
Based on data from October 14, 2024 at 13:11, the general Ethena price prediction sentiment is bullish , with 19 technical analysis indicators signaling bullish signals, and 1 signaling bearish signals.
ENA price prediction was last updated on October 14, 2024 at 13:11.
Ethena's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
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Based on our technical indicators, Ethena's 200-day SMA will rise in the next month and will hit $ 0.00 by Nov 13, 2024. Ethena's short-term 50-Day SMA is estimated to hit $ 0.59577 by Nov 13, 2024.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 58.36, which indicates that the ENA market is in a neutral position.
Popular ENA Moving Averages and Oscillators for Mon, Oct 14, 2024
Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).
Daily Simple Moving Average (SMA)
Period | Value | Action |
---|---|---|
SMA 3 | $ 0.321496 | BUY |
SMA 5 | $ 0.308785 | BUY |
SMA 10 | $ 0.301704 | BUY |
SMA 21 | $ 0.33094 | BUY |
SMA 50 | $ 0.280715 | BUY |
SMA 100 | $ 0.334047 | BUY |
SMA 200 | - | - |
Daily Exponential Moving Average (EMA)
Period | Value | Action |
---|---|---|
EMA 3 | $ 0.298485 | BUY |
EMA 5 | $ 0.291549 | BUY |
EMA 10 | $ 0.290931 | BUY |
EMA 21 | $ 0.308739 | BUY |
EMA 50 | $ 0.382162 | BUY |
EMA 100 | $ 0.500282 | SELL |
EMA 200 | - | - |
Weekly Simple Moving Average (SMA)
Period | Value | Action |
---|---|---|
SMA 21 | - | - |
SMA 50 | - | - |
SMA 100 | - | - |
SMA 200 | - | - |
Weekly Exponential Moving Average (EMA)
Period | Value | Action |
---|---|---|
EMA 21 | - | - |
EMA 50 | - | - |
EMA 100 | - | - |
EMA 200 | - | - |
Ethena Oscillators
An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.
Period | Value | Action |
---|---|---|
RSI (14) | 58.36 | NEUTRAL |
Stoch RSI (14) | 23.41 | NEUTRAL |
Stochastic Fast (14) | 44.81 | NEUTRAL |
Commodity Channel Index (20) | 66.67 | NEUTRAL |
Average Directional Index (14) | 29.77 | BUY |
Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
Momentum (10) | 0.01 | BUY |
MACD (12, 26) | 0.00 | NEUTRAL |
Williams Percent Range (14) | -55.19 | NEUTRAL |
Ultimate Oscillator (7, 14, 28) | 50.02 | NEUTRAL |
VWMA (10) | 0.30 | BUY |
Hull Moving Average (9) | 0.31 | BUY |
Ichimoku Cloud B/L (9, 26, 52, 26) | 0.31 | NEUTRAL |
Ethena Key Price Levels
Based on today's classical pivot point (P1) with the value of $ 0.348933, Ethena has support levels of $ 0.331412, $ 0.306462, and the strongest at $ 0.288941. Similarly, Ethena resistance levels are at $ 0.373883, $ 0.391404, and $ 0.416354.
Support Levels
# | Price | Strength |
---|---|---|
S1 | $ 0.331412 | |
S2 | $ 0.306462 | |
S3 | $ 0.288941 |
Resistance Levels
# | Price | Strength |
---|---|---|
R1 | $ 0.373883 | |
R2 | $ 0.391404 | |
R3 | $ 0.416354 |
Ethena Correlation
Over the past 7 days, Ethena price was most positively correlated with the price of and most negatively correlated with the price of .
Positively Correlated Currencies
Name | Correlation |
---|
Negatively Correlated Currencies
Name | Correlation |
---|
Ethena price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .
Currencies that are positively correlated with Ethena indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Ethena, a move in one direction for Ethena would translate into a move in the opposite direction for the negatively correlated coin.
Ethena Price Prediction for Tomorrow and Next Week
Date | Price | Change |
---|---|---|
Oct 15, 2024 | $ 0.390631 | 0.00% |
Oct 16, 2024 | $ 0.411425 | 5.32% |
Oct 17, 2024 | $ 0.438205 | 12.18% |
Oct 18, 2024 | $ 0.470913 | 20.55% |
Oct 19, 2024 | $ 0.50736 | 29.88% |
Oct 20, 2024 | $ 0.543544 | 39.14% |
Oct 21, 2024 | $ 0.578317 | 48.05% |
The Ethena price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Ethena projections, ENA will be changing hands at $ 0.578317 on Oct 21, 2024, gaining
Ethena Historical Price Performance
To get a better idea of what could happen to the Ethena price in the future, it’s helpful to also explore Ethena’s price history. In the last month, the ENA/USD pair is up 88.58%. The 1-year performance of ENA/USD is -25.23%.
Ethena Price Prediction FAQ
How to read and predict Ethena price movements?
Ethena traders use a variety of tools to try and determine the direction in which the ENA market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Ethena price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.
Ethena Price Prediction Indicators
Moving averages are among the most popular Ethena price prediction tools. As the name suggests, a moving average provides the average closing price for ENA over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for ENA is a sum of ENA’s closing prices over the last 12 days which is then divided by 12.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the ENA price moves above any of these averages, it is generally seen as a bullish sign for Ethena. Conversely, a drop below an important moving average is usually a sign of weakness in the ENA market.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the ENA price.
How to read Ethena charts and predict price movements?
Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Ethena with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Ethena’s price action in 1-hour chunks. Each candlestick will display ENA’s opening price, closing price, as well as the highest and lowest prices that Ethena reached within the 1-hour period.
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
What affects the price of Ethena?
Just like with any other asset, the price action of Ethena is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of ENA. The market capitalization of Ethena can change significantly in a short period of time.
When trying to make a Ethena forecast, many traders also try to monitor the activity of ENA “whales”, which are entities and individuals that control large amounts of ENA. Since the Ethena market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Ethena’s price movements.
Bullish and bearish price prediction patterns
Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
Here are some of the most commonly followed bullish candlestick patterns:
Here are some common bearish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man
Ethena (ENA) Price Prediction 2024, 2025–2030
Explore short and medium-term Ethena price prediction analysis and check long-term Ethena forecasts for 2025, 2030, and beyond
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Current Price | $ 0.421696 |
---|---|
Price Prediction | $ 1.272224 (225.68%) |
Fear & Greed Index | 48 (Neutral) |
Sentiment | Bullish |
Volatility | 16.76% |
Green Days | 16/30 (53%) |
50-Day SMA | $ 0.280715 |
200-Day SMA | - |
14-Day RSI | 58.36 |
According to our current Ethena price prediction, the price of Ethena is predicted to rise by 225.68% and reach $ 1.272224 by November 13, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 48 (Neutral). Ethena recorded 16/30 (53%) green days with 16.76% price volatility over the last 30 days. Based on the Ethena forecast, it's now a good time to buy Ethena.
Disclaimer: This is not investment advice. The information provided is for general information 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.
Long-term Ethena price prediction for 2025, 2026, 2027, 2028, 2029 and 2030
Based on the historical price movements of Ethena and the BTC halving cycles, the yearly low Ethena price prediction for 2025 is estimated at $ 0.390631. Meanwhile, the price of Ethena is predicted to reach as high as $ 1.830729 next year. Using the same basis, here is the Ethena price prediction for each year up until 2030.
Year | Yearly Low | Yearly High |
---|---|---|
2025 | $ 0.390631 | $ 1.830729 |
2026 | $ 0.662815 | $ 1.559066 |
2027 | $ 0.326502 | $ 0.831883 |
2028 | $ 0.357559 | $ 0.756557 |
2029 | $ 0.610555 | $ 1.235582 |
2030 | $ 1.074804 | $ 2.44 |
Ethena price prediction 2025
The Ethena price prediction for 2025 is currently between $ 0.390631 on the lower end and $ 1.830729 on the high end. Compared to today’s price, Ethena could gain
Ethena price prediction 2030
The Ethena price prediction for 2030 is currently between $ 1.074804 on the lower end and $ 2.44 on the high end. Compared to today’s price, Ethena could gain
Ethena Price Forecast Based on Technical Analysis
Sentiment
Based on data from October 14, 2024 at 13:11, the general Ethena price prediction sentiment is bullish , with 19 technical analysis indicators signaling bullish signals, and 1 signaling bearish signals.
ENA price prediction was last updated on October 14, 2024 at 13:11.
Ethena's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
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Based on our technical indicators, Ethena's 200-day SMA will rise in the next month and will hit $ 0.00 by Nov 13, 2024. Ethena's short-term 50-Day SMA is estimated to hit $ 0.59577 by Nov 13, 2024.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 58.36, which indicates that the ENA market is in a neutral position.
Popular ENA Moving Averages and Oscillators for Mon, Oct 14, 2024
Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).
Daily Simple Moving Average (SMA)
Period | Value | Action |
---|---|---|
SMA 3 | $ 0.321496 | BUY |
SMA 5 | $ 0.308785 | BUY |
SMA 10 | $ 0.301704 | BUY |
SMA 21 | $ 0.33094 | BUY |
SMA 50 | $ 0.280715 | BUY |
SMA 100 | $ 0.334047 | BUY |
SMA 200 | - | - |
Daily Exponential Moving Average (EMA)
Period | Value | Action |
---|---|---|
EMA 3 | $ 0.298485 | BUY |
EMA 5 | $ 0.291549 | BUY |
EMA 10 | $ 0.290931 | BUY |
EMA 21 | $ 0.308739 | BUY |
EMA 50 | $ 0.382162 | BUY |
EMA 100 | $ 0.500282 | SELL |
EMA 200 | - | - |
Weekly Simple Moving Average (SMA)
Period | Value | Action |
---|---|---|
SMA 21 | - | - |
SMA 50 | - | - |
SMA 100 | - | - |
SMA 200 | - | - |
Weekly Exponential Moving Average (EMA)
Period | Value | Action |
---|---|---|
EMA 21 | - | - |
EMA 50 | - | - |
EMA 100 | - | - |
EMA 200 | - | - |
Ethena Oscillators
An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.
Period | Value | Action |
---|---|---|
RSI (14) | 58.36 | NEUTRAL |
Stoch RSI (14) | 23.41 | NEUTRAL |
Stochastic Fast (14) | 44.81 | NEUTRAL |
Commodity Channel Index (20) | 66.67 | NEUTRAL |
Average Directional Index (14) | 29.77 | BUY |
Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
Momentum (10) | 0.01 | BUY |
MACD (12, 26) | 0.00 | NEUTRAL |
Williams Percent Range (14) | -55.19 | NEUTRAL |
Ultimate Oscillator (7, 14, 28) | 50.02 | NEUTRAL |
VWMA (10) | 0.30 | BUY |
Hull Moving Average (9) | 0.31 | BUY |
Ichimoku Cloud B/L (9, 26, 52, 26) | 0.31 | NEUTRAL |
Ethena Key Price Levels
Based on today's classical pivot point (P1) with the value of $ 0.348933, Ethena has support levels of $ 0.331412, $ 0.306462, and the strongest at $ 0.288941. Similarly, Ethena resistance levels are at $ 0.373883, $ 0.391404, and $ 0.416354.
Support Levels
# | Price | Strength |
---|---|---|
S1 | $ 0.331412 | |
S2 | $ 0.306462 | |
S3 | $ 0.288941 |
Resistance Levels
# | Price | Strength |
---|---|---|
R1 | $ 0.373883 | |
R2 | $ 0.391404 | |
R3 | $ 0.416354 |
Ethena Correlation
Over the past 7 days, Ethena price was most positively correlated with the price of and most negatively correlated with the price of .
Positively Correlated Currencies
Name | Correlation |
---|
Negatively Correlated Currencies
Name | Correlation |
---|
Ethena price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .
Currencies that are positively correlated with Ethena indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Ethena, a move in one direction for Ethena would translate into a move in the opposite direction for the negatively correlated coin.
Ethena Price Prediction for Tomorrow and Next Week
Date | Price | Change |
---|---|---|
Oct 15, 2024 | $ 0.390631 | 0.00% |
Oct 16, 2024 | $ 0.411425 | 5.32% |
Oct 17, 2024 | $ 0.438205 | 12.18% |
Oct 18, 2024 | $ 0.470913 | 20.55% |
Oct 19, 2024 | $ 0.50736 | 29.88% |
Oct 20, 2024 | $ 0.543544 | 39.14% |
Oct 21, 2024 | $ 0.578317 | 48.05% |
The Ethena price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Ethena projections, ENA will be changing hands at $ 0.578317 on Oct 21, 2024, gaining
Ethena Historical Price Performance
To get a better idea of what could happen to the Ethena price in the future, it’s helpful to also explore Ethena’s price history. In the last month, the ENA/USD pair is up 88.58%. The 1-year performance of ENA/USD is -25.23%.
Ethena Price Prediction FAQ
How to read and predict Ethena price movements?
Ethena traders use a variety of tools to try and determine the direction in which the ENA market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Ethena price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.
Ethena Price Prediction Indicators
Moving averages are among the most popular Ethena price prediction tools. As the name suggests, a moving average provides the average closing price for ENA over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for ENA is a sum of ENA’s closing prices over the last 12 days which is then divided by 12.
In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.
50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the ENA price moves above any of these averages, it is generally seen as a bullish sign for Ethena. Conversely, a drop below an important moving average is usually a sign of weakness in the ENA market.
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the ENA price.
How to read Ethena charts and predict price movements?
Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Ethena with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Ethena’s price action in 1-hour chunks. Each candlestick will display ENA’s opening price, closing price, as well as the highest and lowest prices that Ethena reached within the 1-hour period.
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
What affects the price of Ethena?
Just like with any other asset, the price action of Ethena is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of ENA. The market capitalization of Ethena can change significantly in a short period of time.
When trying to make a Ethena forecast, many traders also try to monitor the activity of ENA “whales”, which are entities and individuals that control large amounts of ENA. Since the Ethena market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Ethena’s price movements.
Bullish and bearish price prediction patterns
Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
Here are some of the most commonly followed bullish candlestick patterns:
Here are some common bearish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man
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