Ethena ENA
Current Price
$0.2496 -8.48%
$0.0277 Daily Range (11.11%)
$0.2476$0.2753
$290.17M Daily Volume
3,212 BTC
Vol/MktCap: 15.11%
Market Performance
0.49% Relative BTC Volume
The total volume of Ethena is $290.17M over the past 24 hours, compared to $58.78B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.2535 -1.54%
13 SMA $0.2584 -3.38%
21 SMA $0.2616 -4.57%
55 SMA $0.2694 -7.34%
144 SMA $0.2681 -6.87%
Price Performance
-0.52% 1 Hour Change
$0.2496 from $0.2509
-12.96% 7 Day Change
-$0.0324 from $0.2820
-9.89% 14 Day Change
-$0.0247 from $0.2743
-24.68% 30 Day Change
-$0.0616 from $0.3113
All Time High
April 11, 2024
$1.52 -83.53%
-$1.27 vs. now
24H Change
-176.33M USD -8.41%
-1,952 BTC
Volume and Supply
Total Supply: 15.00B ENA 
7.69B ENA Available51.27% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
751.48 x BTC Supply751:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
1.11B ENA
traded over past 24 hours
14.43% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Ethena AI Market Analysis
Ethena (ENA) is currently trading at $0.251081, reflecting a significant decline of 7.84% over the last 24 hours. The price has fluctuated within a narrow daily range of approximately 0.0257%, with a high of $0.276839 and a low of $0.251142, indicating a bearish trend in the short term.
The trading volume stands at 284,754,777 ENA, contributing to a volume-to-market cap ratio of 14.73%. This relatively high volume suggests a robust interest in trading, but the price action indicates a lack of upward momentum, as shown by the 7-day price change of -16.09% and the 14-day decline of nearly 12%.
Technical indicators reveal that the short-term moving averages (SMA) are all trending downwards, with the 8 SMA at $0.2646 and the 55 SMA at $0.2720, indicating a consistent downward pressure. Additionally, the 1-hour RSI is at 21, which signals oversold conditions, while the 7-day RSI of 45 suggests weakening momentum but not yet in oversold territory.
Given the current price action and the ongoing downtrend reflected in both the price changes and moving averages, the outlook for ENA remains bearish. The recent performance is concerning, especially with the price trading significantly below its historical high of $1.52 reached on April 11, 2024.
Overall, the technical indicators, combined with the significant recent price drops, suggest that ENA may continue to face selling pressure. Therefore, the recommendation is to Hold, monitoring for signs of a reversal or stabilization before considering any buy positions, especially given the extreme volatility and current oversold conditions.
The trading volume stands at 284,754,777 ENA, contributing to a volume-to-market cap ratio of 14.73%. This relatively high volume suggests a robust interest in trading, but the price action indicates a lack of upward momentum, as shown by the 7-day price change of -16.09% and the 14-day decline of nearly 12%.
Technical indicators reveal that the short-term moving averages (SMA) are all trending downwards, with the 8 SMA at $0.2646 and the 55 SMA at $0.2720, indicating a consistent downward pressure. Additionally, the 1-hour RSI is at 21, which signals oversold conditions, while the 7-day RSI of 45 suggests weakening momentum but not yet in oversold territory.
Given the current price action and the ongoing downtrend reflected in both the price changes and moving averages, the outlook for ENA remains bearish. The recent performance is concerning, especially with the price trading significantly below its historical high of $1.52 reached on April 11, 2024.
Overall, the technical indicators, combined with the significant recent price drops, suggest that ENA may continue to face selling pressure. Therefore, the recommendation is to Hold, monitoring for signs of a reversal or stabilization before considering any buy positions, especially given the extreme volatility and current oversold conditions.
Updated 459 minutes ago.
Ethena Relative Price at Market Cap of:
Ethena TradingView Chart
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