Ethena price prediction: Will the $0.08 zone keep ENA’s recovery alive?

ambcrypto2026-07-12 tarihinde yayınlandı2026-07-12 tarihinde güncellendi

Özet

The Ethena (ENA) price has risen 14.11% from its July 8 low, recovering the $0.08 resistance zone to trade at $0.082. Despite this recent gain, the overall trend remains bearish, with the token down 94% from its all-time high. Positive developments include the launch of the Robinhood Earn feature, where ENA represented over 70% of user asset allocations, significantly boosting the Robinhood Chain's TVL. However, a large transfer of 1.231 billion ENA ($94 million) between unknown wallets created mixed signals. Technical analysis shows long-term bearish dominance, with price action below key former support. The ongoing bounce from $0.08 requires sustained buying pressure to continue. Key resistance is seen at the $0.105-$0.125 zone. Analysts suggest a potential bounce to that zone could present a selling opportunity, while current price levels offer unclear risk-reward for swing traders. The $0.08 level is crucial for keeping the recovery alive.

Ethena [ENA] has been moving upward since the 8th of July. The altcoin has made a 14.11% move from the $0.072 low on that day to the current market prices of $0.082 after reclaiming the short-term resistance zone at $0.08. However, the token has been falling lower since the attempted rally beyond $0.10 in early June. Despite the recent gains, the downtrend has yet to be broken.

The Robinhood Earn feature, launched on the 1st of July, has also been a big plus for Ethena. The network observed in a post on X that Ethena represented over 70% of the asset allocation from Robinhood user deposits. Ethena seeded $50 million into a USDG vault on Morpho, chosen by Steakhouse Financial. This inflow pushed the Robinhood Chain’s TVL up by 160%.

Contrasted against this positive news for the synthetic dollar protocol was the Whale Alerts post on X that showed a 1.231 billion ENA transfer, worth $94 million, between two unknown wallets.

Using ENA price action to sort out the upcoming trends

Source: ENA/USDT on TradingView

For an altcoin that is down 94% from its all-time high, the weekly chart is expected to be bearish. The OBV has been making new lows for over two years. The ENA price fell below the $0.19-$0.20 support zone at the start of the year. This support level had been defended since September 2024.

Other momentum indicators were neutral or bearish on this timeframe, and the OBV signaled overall bearish dominance. However, a lower timeframe resistance zone has been breached.

Should ENA traders wait before selling?

Source: ENA/USDT on TradingView

The 1-day swing structure broke bearishly at the start of June (white). The ongoing price bounce from the 0.08 zone requires the OBV to continue going higher to signal steady buying pressure.

Such a bounce is technically possible, but the broader market sentiment needs to support ENA’s bullish shift, if it comes. Even then, the $0.105 round number and 50% retracement level would be a key resistance zone to overcome.

A bounce to $0.105-$0.125 could be sold with conviction. At current prices, neither buying in expectation of a bounce nor selling ahead of a price slide had a good enough risk-to-reward for swing traders.


Final Summary

  • A $94 million ENA token worth alongside the bullishness around the Robinhood Earn news presented mixed signals for market participants.
  • The long-term price action was bearish, and the $0.105-$0.125 pivotal resistance zone was one to watch.

Trend Kriptolar

İlgili Sorular

QAccording to the article, what is the key resistance zone that ENA needs to overcome for a potential recovery?

AThe key resistance zone that ENA needs to overcome for a potential recovery is the $0.105-$0.125 level, with the $0.105 round number and 50% retracement level being particularly pivotal.

QWhat recent development involving Robinhood has provided a positive signal for Ethena (ENA)?

AThe Robinhood Earn feature launched on July 1st has been a big plus, with Ethena representing over 70% of the asset allocation from Robinhood user deposits. This influx also pushed the Robinhood Chain’s TVL up by 160%.

QWhat bearish signal was highlighted from the longer-term weekly chart analysis of ENA?

AThe weekly chart is bearish, with the On-Balance Volume (OBV) indicator making new lows for over two years. Furthermore, the ENA price fell below the long-held $0.19-$0.20 support zone at the start of the year, signaling bearish dominance.

QWhat event related to large-scale token movement created a contrasting or potentially negative signal alongside the positive Robinhood news?

AA Whale Alerts post showed a transfer of 1.231 billion ENA tokens (worth $94 million) between two unknown wallets, which presented a mixed or potentially concerning signal for market participants.

QFrom a swing trader's perspective, what does the article suggest about buying or selling ENA at its current price level of around $0.082?

AThe article suggests that at current prices, neither buying in expectation of a bounce nor selling ahead of a potential price slide had a good enough risk-to-reward ratio for swing traders.

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ENA Nasıl Satın Alınır

HTX.com’a hoş geldiniz! Ethena (ENA) satın alma işlemlerini basit ve kullanışlı bir hâle getirdik. Adım adım açıkladığımız rehberimizi takip ederek kripto yolculuğunuza başlayın. 1. Adım: HTX Hesabınızı OluşturunHTX'te ücretsiz bir hesap açmak için e-posta adresinizi veya telefon numaranızı kullanın. Sorunsuzca kaydolun ve tüm özelliklerin kilidini açın. Hesabımı Aç2. Adım: Kripto Satın Al Bölümüne Gidin ve Ödeme Yönteminizi SeçinKredi/Banka Kartı: Visa veya Mastercard'ınızı kullanarak anında Ethena (ENA) satın alın.Bakiye: Sorunsuz bir şekilde işlem yapmak için HTX hesap bakiyenizdeki fonları kullanın.Üçüncü Taraflar: Kullanımı kolaylaştırmak için Google Pay ve Apple Pay gibi popüler ödeme yöntemlerini ekledik.P2P: HTX'teki diğer kullanıcılarla doğrudan işlem yapın.Borsa Dışı (OTC): Yatırımcılar için kişiye özel hizmetler ve rekabetçi döviz kurları sunuyoruz.3. Adım: Ethena (ENA) Varlıklarınızı SaklayınEthena (ENA) satın aldıktan sonra HTX hesabınızda saklayın. Alternatif olarak, blok zinciri transferi yoluyla başka bir yere gönderebilir veya diğer kripto para birimlerini takas etmek için kullanabilirsiniz.4. Adım: Ethena (ENA) Varlıklarınızla İşlem YapınHTX'in spot piyasasında Ethena (ENA) ile kolayca işlemler yapın.Hesabınıza erişin, işlem çiftinizi seçin, işlemlerinizi gerçekleştirin ve gerçek zamanlı olarak izleyin. Hem yeni başlayanlar hem de deneyimli yatırımcılar için kullanıcı dostu bir deneyim sunuyoruz.

210 Toplam GörüntülenmeYayınlanma 2024.12.10Güncellenme 2026.06.02

ENA Nasıl Satın Alınır

Tartışmalar

HTX Topluluğuna hoş geldiniz. Burada, en son platform gelişmeleri hakkında bilgi sahibi olabilir ve profesyonel piyasa görüşlerine erişebilirsiniz. Kullanıcıların ENA (ENA) fiyatı hakkındaki görüşleri aşağıda sunulmaktadır.

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