ENA is starting to show a few signs of life, and the chart shared by Sjuul fits well with the idea of a “power of 3” setup. After several weeks of weakness, ENA could be on the cusp of shifting from a base-building phase to a more constructive phase.
Right now, the ENA price is trading around $0.22, though the key question revolves around testing a critical support point.
- ENA Is Trying to Build a Base After a Long Slide
- This Support Level Is Doing the Heavy Lifting
- What’s Next for ENA?
ENA Is Trying to Build a Base After a Long Slide
Looking at the left side of the chart shared by Sjuul, the ENA price spent a long time drifting lower before settling into a messy, choppy range. That yellow zone highlights a stretch where price moved sideways before eventually breaking down.
After that drop, ENA started forming a base in the lower range, with price repeatedly testing the same area and failing to push much lower. That kind of action often shows sellers are losing control.
Source: X/@AltCryptoGems
Then the structure shifted. The ENA price pushed back above support and made a sharp move higher into the green zone. Since that pop, price has pulled back, but the important thing is that it hasn’t given the move back entirely. That’s usually what bulls want to see if a recovery is going to stick.
Here Are $XRP Price Predictions for The End of 2026._**
This Support Level Is Doing the Heavy Lifting
The support zone in the low-$0.22 area is the level that matters most right now. It’s where resistance turned into support after the rebound, and it’s acting as the line in the sand. As long as ENA keeps holding above this level, the setup stays intact.
If that support fails, the chart starts to look a lot weaker. A break below it would likely send the
ENA price back toward $0.21 or even into the high-$0.19 range, where the earlier base formed. That would turn the recent move into a failed breakout.
What’s Next for ENA?
On the bullish side, the ENA price holds support and starts putting in higher lows. That would keep the expansion phase in play. The first area to watch is around $0.25 to $0.26, which lines up with the recent swing high.
If ENA can get back above that zone and hold it, the path opens toward the upper $0.20s, with the broader range resistance sitting much higher near $0.34.
If momentum doesn’t show up, a more neutral outcome is possible. In that case, ENA could stay stuck between the low-$0.22 support and resistance near $0.25, chopping sideways until the market makes up its mind.
So, where is the ENA price headed next? For this ENA price prediction, it really comes down to one thing. As long as support holds, ENA has a real shot at expanding higher. If it doesn’t, the chart likely slides back into consolidation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'
Bitcoin and major cryptocurrencies fell sharply after Trump's address threatened escalated military action against Iran, reversing a previous rally. The ongoing conflict continues to create volatility in the market. Despite historical April gains, optimism is tempered by geopolitical tensions.
CoinDesk49m ago
Trump makes a tough statement to pressure Iran, Bitcoin falls below a key level, and the crypto market is under pressure again
Driven by the impact of Trump’s hardline remarks toward Iran, the crypto market weakened, with Bitcoin and Ethereum falling to $66,609 and $2,056, respectively. Market panic sentiment intensified, and the Fear & Greed Index dropped to 8. War risk pushed energy prices up, suppressing the valuations of risk assets, and in the short term volatility in crypto assets could increase.
GateNews58m ago
Trump’s “Stone Age” speech threatens to seriously hit the market; Bitcoin’s price gives back its gains
U.S. President Trump threatened in a speech to launch even harsher strikes against Iran. The market reacted sharply: Bitcoin and the stock market fell significantly, and oil prices surged. Iran has no intention of backing down and is pushing for legislation on permanent tolls, showing that tensions between the two countries have not eased. The market believes a ceasefire cannot be achieved quickly.
MarketWhisper1h ago
Trump says the Strait of Hormuz will be made “naturally open,” and the market shows disagreement through selling off
Trump expressed optimism in his speech about Iran’s military actions, saying the Strait of Hormuz will be “naturally open,” but he did not provide a specific plan, leading markets to sell off. Iran, in turn, made no concessions and plans to pass legislation to collect transit fees, further increasing uncertainty. The market reaction shows that risk assets underwent broad repricing.
MarketWhisper1h ago
Monad locks in $350 million, and its low fee rate and FDV being halved release a cautious signal
Monad blockchain reached a total value locked (TVL) of $355 million within about four months, setting a record for rapid growth, but its daily transaction fees are less than $3,000, indicating a disconnect between locked capital and real trading activity. At the same time, the fully diluted valuation of the MON token fell from $4.7 billion to about $2.2 billion, reflecting the market’s lack of confidence in its continued ability to attract users.
MarketWhisper1h ago
Pi Network RPC server startup, supply pressure obstructs a technical rebound for PI
Pi Network announced that its testnet remote procedure call (RPC) servers are now live, laying the groundwork for building a smart contract ecosystem. Although this news is seen as a positive, the core team’s selling of more than 21.8 million PI tokens, along with the ongoing supply pressure stemming from user top-ups, has still exerted downside pressure on the market. Technical analysis shows that the support level for the PI token is $0.1736; the future price action needs to be closely watched.
MarketWhisper2h ago
