Crypto Surge Alert: ENA, USTC, LUNC Rally in Last 6 Hours
Ethena (ENA) +9.77%
Ethena’s ENA token has experienced a significant rally, surging over 20% in the past day and more than 40% over the last week, currently trading around $0.50 with a market capitalization exceeding $3 billion. This price action coincides with Ethena’s protocol attracting $750 million in inflows and the USDe stablecoin supply surpassing $6 billion.
#ENA The Ethena project is gaining traction by leveraging the recent crypto market upswing to generate higher yields for investors. Additionally, the launch of USDe on the TON blockchain and a planned $260 million ENA token buyback program by Ethena Foundation’s subsidiary have created strong demand pressure, further fueling price momentum.
Given these developments, ENA’s price is likely to maintain upward momentum in the short term. However, investors should watch for potential volatility as buyback programs conclude and market conditions evolve. A near-term target above $0.55 seems plausible if inflows continue.
Detailed technical indicators analysis for ENA/USDT:USDT
ENA/USDT:USDT – Score: 7, Price: 0.5486
Scalping Potential: Low, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 3
Entry condition analysis
- RSI Zone: Poor entry zone
- Pullback: ❌ None
- Support Bounce: ❌ None
- Volume Pattern: ❌ Poor
- Risk/Reward: ❌ Poor
- Trend Change Signals: ❌ None
- Bullish Divergences: ❌ None
- Price Pattern: ❌ None
⚠️ Warning signals
- 🟠 Overbought RSI (Medium Risk, 15m): RSI is overbought (78.01) on the 15m chart, monitor for potential pullback
- 🟠 Overbought RSI (Medium Risk, 1h): RSI is overbought (79.75) on the 1h chart, monitor for potential pullback
- 🟠 Volume Confirmation Missing (Medium Risk, 15m): Strong price movement without volume confirmation on 15m chart
- 🟠 Volume Confirmation Missing (Medium Risk, 1h): Strong price movement without volume confirmation on 1h chart
- 🟠 Resistance Proximity (Medium Risk, 15m): Price is near resistance without sufficient volume for breakout on 15m chart – Resistance at: 0.54210000 (1.18% away)
- 🟡 MACD Divergence (Low Risk, Multiple): MACD is bullish on 1h but not on 15m chart, short-term momentum may be fading
Timeframe analysis
— 15m Timeframe (Score: 3) —
- RSI: 78.01 (rising, overbought) – Neutral
- MACD: Histogram: -0.0012709083617844 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.31500540799906 above average – Neutral
- S/R: Near Resistance – Resistance
— 1h Timeframe (Score: 4) —
- RSI: 79.75 (rising, overbought) – Neutral
- MACD: Histogram: 0.0013022752773484 – Bullish
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.054342949905271 above average – Neutral
- S/R: Neutral – Neutral
TerraClassicUSD (USTC) +9.56%
USTC has been under intense scrutiny but recently benefited from significant support on Binance, which many believe prevented its collapse. The token’s price has shown resilience amid ongoing community-led token burns aimed at reducing supply and restoring value.
#USTC The Terra Classic ecosystem continues to execute large-scale token burns, which have contributed to renewed investor optimism. Binance’s involvement in supporting USTC liquidity and burn initiatives has been critical in stabilizing the token and providing hope for recovery alongside its sister token LUNC.
While USTC faces structural challenges, continued burn activity and exchange support could sustain moderate price gains. However, without broader ecosystem recovery or new catalysts, upside may be capped near current levels with downside risks intact.
Detailed technical indicators analysis for USTC/USDT:USDT
USTC/USDT:USDT – Score: 6, Price: 0.017716
Scalping Potential: Low, Confidence: Low
⚫ Entry Rating: Poor, Best Timeframe: 15m
Bullish Signals: 2
Entry condition analysis
- RSI Zone: Poor entry zone
- Pullback: ❌ None
- Support Bounce: ⚡ Moderate
- Volume Pattern: ❌ Poor
- Risk/Reward: ❌ Poor
- Trend Change Signals: ❌ None
- Bullish Divergences: ❌ None
- Price Pattern: ✅ Retest
⚠️ Warning signals
- 🔴 Extreme Overbought RSI (High Risk, 15m): RSI is extremely overbought (84.55) on the 15m chart, high reversal risk
- 🔴 Extreme Overbought RSI (High Risk, 1h): RSI is extremely overbought (92.50) on the 1h chart, high reversal risk
- 🟠 Volume Confirmation Missing (Medium Risk, 15m): Strong price movement without volume confirmation on 15m chart
- 🟠 Volume Confirmation Missing (Medium Risk, 1h): Strong price movement without volume confirmation on 1h chart
- 🟠 Resistance Proximity (Medium Risk, 15m): Price is near resistance without sufficient volume for breakout on 15m chart – Resistance at: 0.01762400 (0.51% away), 0.01804400 (1.86% away)
Timeframe analysis
— 15m Timeframe (Score: 3) —
- RSI: 84.55 (rising, overbought) – Neutral
- MACD: Histogram: -0.00010976013322573 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.21608588127911 above average – Neutral
- S/R: Near Support – Support
— 1h Timeframe (Score: 3) —
- RSI: 92.50 (rising, overbought) – Neutral
- MACD: Histogram: -3.8720921566311E-5 – Neutral
- Moving Averages: Price Above Short MA: Yes – Bullish
- Volume: 0.17822991911619 above average – Neutral
- S/R: Neutral – Neutral
Luna Classic (LUNC)
LUNC has surged over 30% recently following a massive 2.21 billion token burn executed by Binance, which significantly tightened circulating supply. This rally builds on a strong February performance where LUNC gained over 40%.
#LUNC The Terra Classic community’s aggressive burn strategy aims to restore value by reducing inflationary pressure on LUNC tokens. Binance’s active role in burning tokens has been a key driver behind the recent price spike and growing market enthusiasm about LUNC’s recovery potential.
If burn campaigns persist and demand remains steady, LUNC could test psychological resistance levels such as $0.01 in the coming weeks. However, investors should remain cautious given the token’s volatile history and dependence on continued community engagement.
