Ethena ($ENA) Crypto Forecast: Down 14.3% Today

What is Ethena?

ENA is a cryptocurrency token that is part of the broader cryptocurrency market, which experienced a bearish movement today.

Why is Ethena going down?

ENA crypto is down 14.3% on Jun 13, 2025 4:36

• ENA's bearish movement can be attributed to the overall risk-off sentiment in the cryptocurrency market following Bitcoin's decline below $103,000.
• The confirmation of attacks on Iran's nuclear sites by Israel likely heightened market uncertainty, leading to profit booking and a sell-off of altcoins like ENA.
• Investors may have shifted towards more stable assets like Bitcoin, causing a downward pressure on ENA and other altcoins.
• The market movement of ENA today reflects the interconnected nature of the cryptocurrency market, where external geopolitical events can impact digital asset prices significantly.

ENA Price Chart

ENA Technical Analysis

ENA News

Bitcoin’s slump under $103,000 crashes altcoins: FARTCOIN, ENA, LDO in freefall

The broader cryptocurrency market risk-off sentiment, as Israel confirms attacks on Iran’s nuclear sites, triggers a wave of profit booking among top coins, leading to Bitcoin (BTC) edging lower by nearly 2% at press time on Friday.

https://www.fxstreet.com/cryptocurrencies/news/bitcoins-slump-under-103-000-crashes-altcoins-fartcoin-ena-ldo-in-freefall-202506130321

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Ethena Price History

13.05.2025 - ENA Crypto was down 14.3%

• ENA's bearish movement can be attributed to the overall risk-off sentiment in the cryptocurrency market following Bitcoin's decline below $103,000.
• The confirmation of attacks on Iran's nuclear sites by Israel likely heightened market uncertainty, leading to profit booking and a sell-off of altcoins like ENA.
• Investors may have shifted towards more stable assets like Bitcoin, causing a downward pressure on ENA and other altcoins.
• The market movement of ENA today reflects the interconnected nature of the cryptocurrency market, where external geopolitical events can impact digital asset prices significantly.

03.05.2025 - ENA Crypto was up 11.2%

• ENA surged by over 5% following the potential addition of Ethena to a prominent platform's asset roadmap, hinting at a future listing. This development likely boosted investor sentiment and buying activity for ENA.
• The appeal of sUSDe yields provided by Ethena may have also bolstered the bullish trend, as investors sought profitable opportunities in the crypto sector.
• Expectations of a $0.34 breakout for ENA contributed to the positive outlook, with traders speculating on its future price direction.
• Collectively, the favorable news events and growing interest in Ethena's offerings likely fueled ENA's significant bullish movement in the market today.

28.04.2025 - ENA Crypto was down 5.1%

• The bearish movement in ENA today could be linked to the negative sentiment prevailing in the crypto markets due to recent developments involving over $100 billion being lost amid new tariff threats.
• ENA's struggle to surpass the $0.378 resistance level may have contributed to its negative performance, indicating a lack of bullish momentum.
• Despite the introduction of a new structured yield product by OnRe, supported by Ethena and other projects, market attention seems more focused on broader economic and geopolitical factors, resulting in the bearish movement of ENA.
• Although some analysts are optimistic about the potential gains of certain altcoins, ENA's performance today suggests it is currently not aligning with the optimistic outlook and may need a shift in market sentiment to reverse its bearish trend.

24.04.2025 - ENA Crypto was down 12.0%

• ENA's price saw a significant decline, likely influenced by the general market sentiment following Trump's tariff threats.
• The launch of a structured yield product by OnRe, backed by Ethena, Solana Ventures, and RockawayX, did not have a positive impact on ENA's price.
• Despite a minor price increase, potential buyers of Ethena may need to exercise caution in light of recent cautionary perspectives, which could have contributed to the downward movement.
• Reports of ENA whales locking in losses could have intensified selling pressure, suggesting wavering confidence in the token's short-term outlook.

21.04.2025 - ENA Crypto was up 9.4%

• The positive momentum above $0.35 is likely driving ENA's current upward trend, reflecting growing investor confidence in the token.
• Speculation about ENA surpassing the $0.60 mark is generating increased interest and trading activity.
• Despite some significant holders selling at a loss, overall market sentiment appears optimistic regarding ENA's future price movements.
• Cautionary advice for potential buyers serves as a reminder to conduct thorough research and risk evaluation before investing in ENA.

21.04.2025 - ENA Crypto was up 5.6%

• ENA's price rally above $0.35 indicates a bullish sentiment among investors.
• The resistance level at $0.60 is now in focus, with signs pointing towards a potential breakthrough.
• Whales locking in losses might have caused some volatility in the market, but overall market sentiment remains positive.
• The market nerves being tested as resistance looms suggest that investors are closely monitoring ENA's price movements, anticipating further gains.

22.04.2025 - ENA Crypto was up 6.4%

• ENA experienced a bullish movement due to the launch of a structured yield product backed by prominent investors like Ethena, Solana Ventures, and RockawayX.
• Despite concerns raised, ENA managed to build momentum and surpass key resistance levels, indicating strong investor interest.
• The locking in of losses by ENA whales might have initially caused some volatility, but the overall market sentiment remained positive, leading to the bullish movement.
• The news about World Liberty Financial facing losses in cryptocurrency investments did not directly impact ENA's bullish trend, as investors focused more on the positive developments within the ENA ecosystem.

25.04.2025 - ENA Crypto was down 5.3%

• ENA has encountered significant bearish pressure, potentially due to the market's reaction to recent tariff threats, resulting in a substantial market loss.
• The noticeable resistance at $0.378 for Ethena, a related entity, could have played a role in influencing ENA's downward trajectory, indicating ongoing struggles within the industry.
• Despite ENA showing some positive momentum above $0.35, cautionary signals to potential investors may have contributed to its bearish performance.
• The introduction of a new yield product by OnRe, supported by ventures like Ethena, might have shifted focus and investment away from ENA, impacting its price adversely.

29.04.2025 - ENA Crypto was down 5.2%

• ENA's downward movement could be linked to negative market sentiment following significant market losses.
• The attractive yields on Ethena's sUSDe may have influenced liquidity shifts away from ENA, affecting its price negatively.
• Despite potential gains in other altcoins, ENA appears to be facing selling pressure, possibly due to profit-taking or changing investor preferences.
• Ethena's resistance level and discussions about a specific group driving price recovery are unlikely to have directly impacted ENA's current bearish movement.

20.04.2025 - ENA Crypto was up 5.5%

• ENA's rise above $0.35 is supported by growing momentum and optimism among traders.
• Speculation about ENA breaking the $0.60 barrier and the possibility of its price increasing 10 times to $2 are bolstering positive investor sentiment.
• While large ENA holders initially causing some market fluctuations by selling off, overall sentiment remains optimistic.
• ENA's upcoming resistance level will be a crucial indicator for its price trend, but the current positive momentum suggests it could overcome this hurdle and continue its upward movement.

20.04.2025 - ENA Crypto was up 5.3%

• Whales selling off ENA may have initially caused market volatility, but this did not halt the overall bullish trend.
• Speculation regarding ENA potentially exceeding the $0.60 threshold is fueling investor confidence and driving the current bullish movement.
• Resistance levels being tested indicate a robust market challenge for ENA, demonstrating its resilience in the face of potential profit-taking.
• The surge in altcoins, including ENA, may be linked to Bitcoin's stable performance, suggesting a broader market sentiment favoring riskier assets like ENA.

27.04.2025 - ENA Crypto was up 5.3%

• ENA's bullish movement could be attributed to being one of the altcoins poised for massive gains.
• The resistance faced by Ethena at $0.378 may have led investors to seek alternative options like ENA, driving its price up.
• Despite the market shedding over $100 billion after Trump's tariff threats, ENA's positive performance indicates resilience and potential attractiveness to investors.
• The launch of a structured yield product by OnRe, backed by Ethena and other ventures, could have positively influenced ENA's price movement by association with promising projects.