$ENA PRICE PREDICTION 2024 ! $10 possible?
In 2024, investors like Arthur Hayes, expect ENA’s price to go parabolic. For instance, in a post on X (formerly Twitter), Hayes noted that the influx of the Asian market could drive the price higher. In another post, the BitMEX co-founder noted that the price could hit $10.
Regardless of the optimism shown, it is necessary to analyze ENA from a technical point of view. According to the ENA/USD 1-Hour Chart, the Awesome Oscillator (AO) was positive, indicating increasing upward momentum.
We also looked at the Fibonacci extension which showed that ENA could rise as high as $1.57 in the short term. With the state of these indicators, the price prediction for ENA could be higher in 2024. If the rest of the year stays bullish, ENA might hit $2.50.
Ethena (ENA) Price Prediction – Resistance and Support Levels -
From our analysis, we observed that bulls camped at the $0.71 support, and this led the token to $0.85. However, before ENA hit that price, it faced resistance at $0.83. But buying pressure was intense enough to clear the path for a further upside.
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