{"id":46682,"date":"2025-09-10T02:46:46","date_gmt":"2025-09-10T02:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=46682"},"modified":"2025-09-10T02:46:46","modified_gmt":"2025-09-10T02:46:46","slug":"analyst-enas-20-weekly-surge-is-only-the-beginning","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=46682","title":{"rendered":"Analyst: ENA\u2019s 20% Weekly Surge Is Only the Beginning"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>ENA gained 20% weekly, testing $0.85 resistance while support remains strong near $0.70.<\/li>\n<li>Analysts point to buybacks and Binance\u2019s USDe listing as catalysts for Ethena\u2019s bullish momentum.<\/li>\n<li>Targets range from $1.25 to $5.00 if ENA holds above $0.68 and momentum continues.<\/li>\n<\/ul>\n<h2>ENA Shows Strong Weekly Performance<\/h2>\n<p>Ethena (ENA) has posted a sharp rise in the past week, gaining over 20%. The token is now priced at $0.84, with a 24-hour trading volume of $1.44 billion. Daily gains stand at 9%.<\/p>\n<p>Crypto analyst Altcoin Sherpa said the asset shows strong momentum, noting that while profit-taking may be considered near current levels, the mid-term trend remains positive.<\/p>\n<blockquote>\n<p>\u201cI still am holding my position and it\u2019s probably ok to take some profit around here. With that said, I do think that this trades higher in the mid term,\u201d he said.<\/p>\n<\/blockquote>\n<p>Chart data shows ENA testing resistance near $0.85, which aligns with the 0 Fibonacci level. This has become an important <a href=\"https:\/\/cryptopotato.com\/will-ena-smash-the-0-65-barrier-after-12-rally\/\" data-wpel-link=\"internal\">short-term barrier<\/a>, where some selling activity could appear. Support is currently seen around $0.70 (0.236 Fib), with deeper levels at $0.61 and $0.53. These levels could act as potential areas for buyers if the market retraces.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24ENA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ENA<\/a>: Great coin, everyone shilling it and it\u2019s still going higher. announcement after announcement, beauty.<\/p>\n<p>I still am holding my position and it\u2019s probably ok to take some profit around here. With that said, I do think that this trades higher in the mid term. Great coin. <a href=\"https:\/\/t.co\/0MpvXpWioq\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/0MpvXpWioq<\/a><\/p>\n<p>\u2014 Altcoin Sherpa (@AltcoinSherpa) <a href=\"https:\/\/twitter.com\/AltcoinSherpa\/status\/1965347082585465012?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 9, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Strong buying activity is evident in recent trading sessions, supported by higher green volume bars. This suggests that demand is still present, even as ENA approaches near-term resistance.<\/p>\n<h2>Analysts Eye Higher Targets<\/h2>\n<p>Rand <a href=\"https:\/\/x.com\/crypto_rand\/status\/1965363061520482334\" data-wpel-link=\"external\" target=\"_blank\">pointed<\/a> to buyback programs as a key factor in recent price strength, writing,<\/p>\n<blockquote>\n<p>\u201cNo chill for $ENA, the buybacks program on full effect. Triggered the bullish breakout on the local downtrend, wants new ATH.\u201d<\/p>\n<\/blockquote>\n<p>The weekly chart also reflects a bullish structure, with ENA holding above the support range of $0.48\u2013$0.55, which flipped from resistance into support earlier this year.<\/p>\n<p>Finish <a href=\"https:\/\/x.com\/0xFinish\/status\/1965379603108954543\" data-wpel-link=\"external\" target=\"_blank\">echoed<\/a> this sentiment, stating,<\/p>\n<blockquote>\n<p>\u201cEverything under $1.1 is cheap, it\u2019s time we set a new ATH.\u201d<\/p>\n<\/blockquote>\n<p>Meanwhile, the comment comes as Binance recently <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/aebac85d4dd3470c9cd52df6f98d0811?ref=AZTKZ9XS&amp;utm_source=BinanceTwitter&amp;utm_medium=GlobalSocial&amp;utm_campaign=GlobalSocial\" data-wpel-link=\"external\" target=\"_blank\">listed<\/a> USDe, with total value locked (TVL) surpassing $13 billion, boosting sentiment around the Ethena ecosystem.<\/p>\n<p>The next major resistance levels are at $1.32 and $1.52, both marking previous swing highs. If these are broken, ENA could enter price discovery.<\/p>\n<h2>Long-Term Outlook<\/h2>\n<p>Crypto Patel <a href=\"https:\/\/x.com\/CryptoPatel\/status\/1965141842539807141\" data-wpel-link=\"external\" target=\"_blank\">noted<\/a> that ENA is already up 270% from his initial entry, but still has room to grow.<\/p>\n<blockquote>\n<p>\u201c$ENA is still up 270% from our first entry but I believe it still has room to run, $5 potential on the horizon,\u201d he stated.<\/p>\n<\/blockquote>\n<p>Patel\u2019s chart points to multiple upside targets: $1.25, $2.60, $4.00, and $5.00+. As long as ENA holds above $0.68, the structure suggests continuation toward higher levels. The pattern of higher lows and higher highs after long <a href=\"https:\/\/cryptopotato.com\/xrp-hits-2-35-then-dips-as-senate-testimony-looms\/\" data-wpel-link=\"internal\">consolidation<\/a> phases supports the bullish case.<\/p>\n<p>Overall, ENA remains in a strong uptrend, with analysts identifying key resistance points ahead and projecting higher price ranges if momentum continues.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/analyst-enas-20-weekly-surge-is-only-the-beginning\/\">Analyst: ENA\u2019s 20% Weekly Surge Is Only the Beginning<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR ENA gained 20% weekly, testing $0.85 resistance while support remains strong near $0.70. Analysts point to buybacks and Binance\u2019s USDe listing as catalysts for Ethena\u2019s bullish momentum. Targets range from $1.25 to $5.00 if ENA holds above $0.68 and momentum continues. ENA Shows Strong Weekly Performance Ethena (ENA) has posted a sharp rise in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-46682","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46682"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/46682\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}