Ethena Price Nears 80% Breakout as Key Metrics Hit ATH
Ethena's surging metrics signal explosive potential—just as traditional finance scrambles to keep up.
ATH Momentum Unleashed
Key performance indicators smash through previous ceilings, fueling that 80% breakout trajectory. The numbers don't lie—they scream momentum.
Market Mechanics Ignite
Active protocols cut through typical resistance, bypassing legacy bottlenecks that still plague traditional systems. It's efficiency meets opportunity—without the usual baggage.
Finance's Ironic Catch-Up
While banks debate 'innovation' in committee meetings, Ethena's metrics do the talking—proving once again that real progress doesn't wait for permission. Sometimes the market's best moves happen while Wall Street's still on its coffee break.
Ethena price technical analysis
The daily timeframe shows that the ENA price has strong technicals that may push it much higher in the coming weeks. It has formed a double bottom pattern at $0.2490 and a neckline at $0.4570.
The coin formed a golden cross pattern in July as the 50-day and 100-day moving averages crossed each other. Most recently, it has formed a bullish flag pattern and has moved above the upper side of its channel.
Therefore, the token will likely have a strong bullish breakout, with the initial target being at $0.8595, the upper side of the flag. A MOVE above that price will push it to the resistance point at $1.3255, its highest point in November last year, which is about 80% above the current level.
