Key Stats
- Current Price: $0.25458 USD (24h change: -0.06%)
- 24h Trading Volume: $101.42M USD
- All-Time High: $1.52105 USD (Apr 11, 2024)
- All-Time Low: $0.19409 USD (Sep 6, 2024)
- Total Supply Cap: 15.00B ENA coins
About Ethena
Ethena (ENA) is a cryptocurrency that has shown significant volatility in recent months. Its price movements reflect broader crypto market trends while maintaining unique characteristics that traders should understand.
Market Performance
- Weekly Change: -6.18%
- Monthly Change: -19.47%
- Yearly Change: -49.51%
👉 Track real-time ENA price movements
Technical Analysis
Oscillators
- Current Status: Neutral
Buy/Sell Signals:
- Strong sell: 2 indicators
- Sell: 3 indicators
- Neutral: 5 indicators
- Buy: 1 indicator
Moving Averages
- 50-day MA: Neutral
- 200-day MA: Showing slight bearish crossover
**Pro Tip**: Always cross-verify technical indicators with volume analysis for more reliable signals.
## Trading Strategies for ENA
1. **Short-term Trading**
- Monitor the $0.25 support level
- Watch for breakout above $0.27 resistance
2. **Long-term Holding**
- Dollar-cost averaging recommended given volatility
- Consider the project's fundamentals alongside price action
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## Market Context
Ethena's performance should be evaluated alongside:
- Bitcoin and Ethereum movements
- Stablecoin adoption trends
- Layer 2 solution developments
## Frequently Asked Questions
### What affects Ethena's price?
ENA price responds to:
- Overall crypto market sentiment
- Project development updates
- Exchange listing news
### Where can I safely trade ENA?
Major exchanges like Binance and Coinbase offer ENA trading pairs. Always:
- Use two-factor authentication
- Store most funds in cold wallets
- Verify withdrawal addresses
### How volatile is ENA?
Current volatility stands at 2.44% - typical for mid-cap altcoins.
### What's Ethena's supply mechanism?
The fixed supply of 15B coins means no future inflation from new minting.
## Risk Management Tips
- Never invest more than 5% of portfolio in any single altcoin
- Set stop-loss orders according to your risk tolerance
- Regularly take profits during upward trends