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Ethena (ENA) Price Prediction for 2025-2029: Can Ethena (ENA) Hit $1 Soon?

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The Ethena (ENA) market has recently shown significant volatility, with a notable dip from its high of $0.42 earlier this week. Today, the price is hovering around $0.371, attempting to stabilize above crucial support levels. This price action suggests that the asset is in a phase of consolidation, caught within a mid-range channel. Momentum indicators such as the RSI and MACD reflect a loss of bullish strength, implying that any bounce might face immediate resistance. Despite this, the market structure remains largely intact, and the coming years could present opportunities for growth if key levels hold.

Also Read: SUI Price Prediction 2025–2029: Can SUI Hit $8.10 Soon?

Analysis

A recent fall in ENA prices was caused by a failed effort to rise above $0.42, and after a quick decline, the price is now below its main moving averages, showing some stability between $0.36 and $0.37. While the zone lines up with significant Fibonacci retracement points, it becomes a strong support area as a result. The crossing of the 0.382 Fibonacci level and the lower Bollinger Band gives extra weight to this spot as a decisive area for bulls.

Ethena (ENA)

Source: Tradingview

But the trend indicators are suggesting a more cautious outcome, as the RSI on the 4-hour chart is now below 50, indicating a market decline. In addition, MACD turned bearish and its histogram shows that downward momentum is likely to stay. Furthermore, ENA is found trading underneath the Ichimoku Cloud which backs up the current bearish trend.

Support at the $0.36–$0.365 level is still holding and a defense at this level could see ENA recover. A break above $0.383–$0.399 would mark the beginning of a more optimistic phase, with subsequent resistance levels near $0.423 and $0.45, both of which are strong Fibonacci levels.

Price Prediction: 2025–2029 Outlook

ENA’s market technical structure reflects that the asset is currently in a range between buyers and sellers. We must consider both worldwide and local elements to evaluate what the prices will be in future years. We estimate that ENA’s growth will be steady but still volatile, guided by technical indicators and Fibonacci retracement levels, during the following five years.

Year Minimum Price Average Price Maximum Price
2025 $0.40 $0.45 $0.50
2026 $0.48 $0.55 $0.60
2027 $0.60 $0.68 $0.75
2028 $0.80 $0.90 $1.00
2029 $1.10 $1.25 $1.50

Yearly Insights

2025

Through 2025, ENA may progressively reverse its losses and get back on track. Successful support at $0.36 will trigger a move upward in price. If Ethereum manages a break above $0.45, it could lead to higher prices, but dealing with resistance will not be easy.

2026

As the broader market continues to support altcoins and if the growing trend continues, ENA is likely to become more popular around 2026. We expect prices will move towards the $0.55–$0.60 range. Yet, we may find a big drop during this phase that needs a drastic turn in market mood to push ENA up.

2027

By 2027, the company could experience much stronger expansion. In our view, the currency will achieve its biggest value in the medium-term, with the price around $0.68. Major resistance points will have to be dealt with, but favorable technical signs might take the asset toward $0.75.

2028

By the year 2028, ENA is thought to surge into the top ranges that its performance supports. An ENA price of $0.90 should bring more institutional attention toward the coin. If bullish cycles remain in the market, this strategy could set a $1 target for this period.

2029

Until 2029, ENA might become well established in the $1–$1.50 range, provided the market continues to cooperate. As the altcoin market becomes more reliable and ENA is used in more ways, the project should grow over time. The average price could go up to $1.25 by March.

Conclusion

Although short-term Ethena (ENA) fluctuations have been significant, its price is looking ready to rise again. The asset has held up well around its vital support areas, despite the changes in momentum indicators. In the coming years, ENA should see an increase in price, reaching an average of $0.45 in 2025 and much closer to $1.25 by 2029. So, it’s essential for both investors and market participants to pay attention to any changes happening in the market, since they can influence ENA’s course.

FAQs

1. What is the current price of Ethena (ENA)?
The current price of ENA is $0.371.

2.What factors influence Ethena’s price prediction?
Technical indicators like Fibonacci levels, RSI, MACD, and broader market trends play key roles in predicting ENA’s price.

3. When is the best time to buy ENA?
The best time to buy would be when the price confirms support at $0.36 or shows bullish momentum above $0.383.

4. What price level will ETHENA reach in 2027?
In 2027, ENA may reach an average price of $0.68 with potential highs around $0.75.

5. Will ENA reach $1 in 2029?
Yes, by 2029, ENA could potentially reach a price range of $1.10 to $1.50, depending on market conditions and adoption rates.

Also Read: Ethereum Price Prediction 2025–2029: Can ETH Hit $6000 Soon?

 

 

The post Ethena (ENA) Price Prediction for 2025-2029: Can Ethena (ENA) Hit $1 Soon? appeared first on 36Crypto.

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