How High Can Ethena (ENA) Price Go This Cycle?

Ethena (ENA) token entered the market in April 2024 and its price quickly spiked. The token reached its all-time high at $1.52 during that same month before sellers took over. Since then, ENA price has been moving through a series of lower highs and lower lows, showing a persistent bearish trend.

The lowest point so far sits at $0.19, a steep fall from its launch peak. Right now, Ethena trades around $0.38 as it tries to find a stable range after months of downward pressure.

ENA Price Chart

The chart below shows that a descending trendline continues to limit bullish attempts. Each upward move fades before surpassing previous highs, which signals strong bearish control. The most important levels to watch remain the support near $0.2 and the local tops that often trigger price reversals.

Overall, ENA price action looks bearish, but there’s still interest in whether it can break this pattern and start forming higher highs this quarter.

Weekly Indicators Suggest Mixed Momentum for Ethena

Data from the weekly timeframe on investing.com gives a mixed reading for the Ethena token. Some indicators point toward possible recovery, while others show continued weakness.

Name Value Action RSI(14) 45.073 Neutral reading shows balance between buyers and sellers STOCH(9,6) 58.532 Momentum is leaning toward short-term buying pressure MACD(12,26) 0.085 Signals potential shift toward bullish momentum ADX(14) 25.873 Trend strength remains weak with limited direction Ultimate Oscillator 47 Indicates mild selling pressure with uncertain outlook

RSI at 45.073 shows a neutral zone. The market is balanced with no strong buying or selling. ENA could move either way depending on momentum.

Stochastic at 58.532 leans slightly bullish. Short-term momentum is favoring buyers. If this continues, it may signal early recovery.

MACD at 0.085 also supports a bullish move. A positive reading suggests growing strength that could push the price higher.

ADX at 25.873 shows weak trend strength. The market may still lean bearish, but the momentum is not strong.

Ultimate Oscillator at 47 shows mild selling pressure. The market looks uncertain and could shift in any direction soon.

Ethena Price Prediction for This Bull Run

Three potential scenarios may define where Ethena price heads this quarter bullish, neutral, and bearish.

In a bullish scenario, if the crypto market strengthens and interest in synthetic dollar products grows, ENA could climb sharply. The token might rally by up to 250%, taking the price close to $1.33.

In a neutral scenario, ENA may keep trading in its usual pattern of small recoveries and dips. The price could rise about 110% from the current level to around $0.82.

ENA Price Chart

In a bearish scenario, weak sentiment and more selling could pull ENA back to its strong support near $0.21. If pressure increases, it might drop to $0.1.

Read Also: How Much Could 1,000 HBAR Tokens Be Worth in 2026: Hedera Price Prediction

Ethena has been under pressure for months but still attracts traders looking for a rebound. The technical readings remain mixed, showing both caution and opportunity. The next move depends on how the market performs through Q4 2025. Many are watching to see if ENA can break its range and start building momentum again.

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The post How High Can Ethena (ENA) Price Go This Cycle? appeared first on CaptainAltcoin.