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The Ethena price has climbed 3% in the last 24 hours to trade at $0.4140 as of 5:30 a.m. EST on a 19% pump in trading volume to $192 million.
The jump in the ENA price comes despite Trump’s World Liberty Financial (WLFI) selling 184,000 ENA tokens for $69K. This selloff has heightened bearish sentiment, especially with recent token unlocks and previous market maker dumps contributing to volatility.
#Trump-Family-Backed DeFi Project #WLFI Sells 184,000 $ENA Tokens for 0.794 $WBTC in 24 Hours
Read more: https://t.co/VagWQVWAwq
— BlockFlow (@BlockFlow_News) March 25, 2025
While WLFI transferred most tokens to Coinbase Prime, making further selloffs uncertain, the price resilience has surprised some investors. Concerns remain about potential additional sales and their impact on ENA’s future course.
Ethena Price Defies Sell-Off Pressure, Targets $0.50 Amid Bullish Breakout
The Ethena price jump comes after a confirmed breakout from a double-bottom, which is a classic bullish reversal pattern. The neckline at $0.40 served as critical resistance, which ENA successfully breached, fueling optimism for further gains.
The pattern’s projected target lies between $0.48 and $0.50, which could challenge the current momentum. Additionally, the presence of a fair value gap (FVG) around the $0.38 mark signals a potential retracement zone if buying pressure wanes.
ENAUSDT Analysis Source: Tradingview
Ethena Price RSI Nears Overbought, Potential Pullback Ahead
The Relative Strength Index (RSI) indicator stands at 69.20, nearing the overbought region, indicating the possibility of a short-term pullback.
Meanwhile, support for ENA is firmly established around $0.38, where previous resistance has become a solid demand zone. If selling pressure increases, the next support level at $0.35 will be closely monitored.
On the upside, $0.42 represents a minor resistance level, but if bullish momentum persists, the token could test the psychological $0.50 mark, which has historically acted as a strong supply zone.
Best Wallet Presale Races Toward $12M – Next Big Crypto?
As the Ethena price continues its bullish surge above the neckline resistance, investors are turning their attention to Best Wallet (BEST), which has already raised over $11.3 million in its presale.
Popular crypto YouTuber ClayBro, who has over 136K subscribers, predicts a potential 10X surge for the BEST token after launch.
Best Wallet is a crypto app with useful features like a built-in DEX, a presale aggregator, and an upcoming debit card offering up to 8% cashback. It also has iGaming perks, including free spins, loot boxes, bonuses, and lower fees, combining crypto with entertainment.
BEST token holders enjoy lower fees and better prices thanks to integrations with over 200 decentralized protocols and 20 cross-chain bridges. The app also makes it easy to convert 100+ fiat currencies into crypto.
The “Upcoming Tokens” section is a key feature that helps users spot early-stage projects. For example, Best Wallet highlighted Pepe Unchained (PEPU) before it surged 6X.
The best plays are the ones you catch early. 👀
With Best Wallet, you can track upcoming projects, monitor token balances, and claim your tokens directly within the app.
Opportunities don’t wait. Make sure you’re ready. 🔥
Download Now 📲 https://t.co/he5kzra7TY pic.twitter.com/pW9aQMDW9C
— Best Wallet (@BestWalletHQ) February 15, 2025
Currently, the platform promotes BTC Bull Token (BTCBULL), a meme coin that rewards holders with free Bitcoin, and Solaxy (SOLX), a Solana layer-2 project.
The BEST token powers the ecosystem, supporting on-chain activities and improving security. With over 500,000 users and a 50% monthly growth rate, Best Wallet is gaining traction.
BEST is currently priced at $0.024475 and can be bought with crypto or bank cards. A price increase is set to take place in around 33 hours, making now a good time for interested investors to buy to secure their best deal.
Users can also stake BEST tokens for a 138% annual yield.
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