ENA price analysis, recent surge in value, potential for an upward trend in the crypto market.
In February, ENA price dropped below the $0.5 support area but seems to have stabilized. Recently, a price range below the $0.5 resistance was observed, offering profitable trading opportunities. The liquidity heatmap showed the $0.48 to $0.515 range as a strong magnetic zone. Despite the market structure being bearish, recent trading volume increases and indicators like OBV and RSI suggest a possible upward movement. At the time of writing, ENA price surged by 8.30% to $0.446 in the past 24 hours, outperforming the top 100 cryptocurrencies in the bear market.
