Ethena ENA
Current Price
$0.2742 +13.93%
$0.0456 Daily Range (16.63%)
$0.2336$0.2792
$375.55M Daily Volume
4,021 BTC
Vol/MktCap: 18.46%
Market Performance
0.42% Relative BTC Volume
The total volume of Ethena is $375.55M over the past 24 hours, compared to $90.06B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.2720 +0.83%
13 SMA $0.2684 +2.18%
21 SMA $0.2580 +6.28%
55 SMA $0.2483 +10.44%
144 SMA $0.2696 +1.71%
Price Performance
-0.30% 1 Hour Change
$0.2742 from $0.2750
-7.29% 7 Day Change
-$0.0200 from $0.2942
+1.41% 14 Day Change
$0.0039 from $0.2704
-22.46% 30 Day Change
-$0.0616 from $0.3358
All Time High
April 11, 2024
$1.52 -81.80%
-$1.24 vs. now
24H Change
242.11M USD +13.51%
2,592 BTC
Volume and Supply
Total Supply: 15.00B ENA 
7.42B ENA Available49.49% 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
751.62 x BTC Supply752:1 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
1.46B ENA
traded over past 24 hours
19.73% 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 priced at $0.274198, reflecting a robust 24-hour price increase of 13.36%. The daily trading range indicates volatility, with a high of $0.279229 and a low of $0.233623, suggesting a dynamic market environment.
The volume of 377,416,502 indicates significant trading activity, with a volume-to-market cap ratio of 18.52%, underscoring liquidity in the market. Short-term moving averages (8 SMA at $0.2720 and 13 SMA at $0.2684) are trending positively, suggesting a bullish momentum in the immediate term.
The 1-hour RSI at 69 indicates that ENA is approaching overbought conditions, which may signal a potential price correction. In contrast, the 7-day RSI at 49 shows that the asset is in a neutral position, lacking strong momentum either way.
Over the past week, ENA has experienced a price decline of 5.84%, while the 30-day performance shows a significant drop of 23.03%. This prolonged downward trend raises concerns, but the recent 14-day price increase of 2.56% hints at a possible reversal.
With the all-time high of $1.52 reached in April 2024, the current price of $0.274198 indicates substantial potential for growth if momentum builds. However, resistance levels around the recent high of $0.279229 should be closely monitored for any signs of reversal.
Given the current bullish short-term indicators juxtaposed with the longer-term downtrend and the risk of overbought conditions, a cautious stance is warranted. Therefore, I recommend a Hold rating, allowing traders to assess the market's next movements while avoiding potential pitfalls of a correction.
The volume of 377,416,502 indicates significant trading activity, with a volume-to-market cap ratio of 18.52%, underscoring liquidity in the market. Short-term moving averages (8 SMA at $0.2720 and 13 SMA at $0.2684) are trending positively, suggesting a bullish momentum in the immediate term.
The 1-hour RSI at 69 indicates that ENA is approaching overbought conditions, which may signal a potential price correction. In contrast, the 7-day RSI at 49 shows that the asset is in a neutral position, lacking strong momentum either way.
Over the past week, ENA has experienced a price decline of 5.84%, while the 30-day performance shows a significant drop of 23.03%. This prolonged downward trend raises concerns, but the recent 14-day price increase of 2.56% hints at a possible reversal.
With the all-time high of $1.52 reached in April 2024, the current price of $0.274198 indicates substantial potential for growth if momentum builds. However, resistance levels around the recent high of $0.279229 should be closely monitored for any signs of reversal.
Given the current bullish short-term indicators juxtaposed with the longer-term downtrend and the risk of overbought conditions, a cautious stance is warranted. Therefore, I recommend a Hold rating, allowing traders to assess the market's next movements while avoiding potential pitfalls of a correction.
Updated 9 minutes ago.
Ethena Relative Price at Market Cap of:
Ethena TradingView Chart
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