ENA has shown significant growth in its network activity over the past week with a notable increase in new active addresses. Currently, ENA price has reached $0.460 with a 3.15% increase in the last 24 hours. The cryptocurrency has entered a corrective phase after hitting its price ceiling in early January. Traders should closely monitor the key support level at $0.455. If ENA can sustain its price above this level, there is a possibility of growth towards the next resistance at $0.60658. Further resistances are at $0.76939 and $1.00290, breaching which could lead to new price ceilings. However, a drop below $0.455 may indicate a further decline towards $0.39235. In terms of network activity, the number of new ENA addresses has grown by 328.77% and active addresses by 104.60%, reflecting increased user interaction and interest in the project. Currently, 67.17% of ENA addresses are in profit, while only 10.54% are in loss. Additionally, ENA’s net profit index has reached $364.14 million, indicating growing market confidence. As of February 22, liquidated positions included $250.04 thousand short positions and $176.86 thousand long positions, confirming market inclinations towards an uptrend. Overall, ENA demonstrates clear signs of network activity and price movement. If this trend continues, there is a possibility of surpassing resistance levels and reaching new highs for this cryptocurrency. Visit the real-time digital currencies price page to monitor token and cryptocurrency prices live.
