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ENS

ENS Potential DecouplingWell hello there, It has been years since I have posted here, its been years since I have properly interacted with the Crypto space, now returning in a much healthier way all things considered personally. The idea i have here for $ENS is that it currently sits on the 200MA forming what looks like a pennant. I have copied the last time it did that recently to the chart where ENS has only recently been released and the 200MA only had just appeared before the last considerable move up. I think that moving into the new year that assets like ENS have the potential to decouple from $BTC and forming unique price structures. Looking left TP's would be the previous ATH of 80 ish and long term 120 - 249 USD in perhaps 6 months or so. I am not interested in making exact calls, i obtained these figures through basic fib analysis. We can see a very recent sign of decoupling where ENS followed btc up from the last major dip and proceeded to form a pennant instead of following BTC back down ( Which for now BTC seems to be forming a shoddy looking megaphone pattern). I am still on the fence as to how much i want to be contributing to this space as I have plenty of other creative endeavors / business to attend to, as someone who has been in the space for over 7 years if crypto is all consuming for you I would suggest taking a break for a while and putting some love into other areas of your life, you wont regret it! Big love. Rick
Long
by Rick_James
Cup and Handle Formation in ENSBullish here as it seems to be a cup and handle formation and hence took a small long on the same. Note: This is not a financial Advice just my own trading opinion and personal trede info, DYOR before investing/trading any crypto or coin, I do not take any responsibility of the loss assumed by you in any trade you took based on my analysis. Please do share your analysis as overall it helps the community and encourages participation, thanks for reading whole note, Good Luck!!!
Long
by Shradosphere
ENS Ethereum Name Service currently in the H of a C&H PatternENS is something that was brought to my attention recently by a CC member. When it released a few weeks ago it went from 30 to 85 in no time flat. From there we started to develop an almost textbook cup and handle pattern. We are currently in the handle and there is potential for huge breakouts (one almost happened). This is a coin I am going to watch and get into if I see the right patterns emerge but this is a great start to a new crypto.
Long
by ConqueringCrypto
1
ENS/USD to $110 (HODL)(COINBASE LISTING)YOU CAN NOW TRADE ENS ON COINBASE Support: $42.50-$40.00/ $36.00-$34.00/ $30.00 / $20.00 Resistance: $50.00-$48.50/$58.00/$65.00/ $75.00/$86.00/$96.00/ $110.00 Ethereum Name Service, a protocol that issues non-fungible tokens (NFT) that can represent Ethereum addresses as well as web domains, launched an airdrop portal for its newly issued ENS token. Airdrops are a token distribution method that awards a portion of circulating tokens to Ethereum addresses that fulfill certain parameters, such as having purchased an NFT. ENS NFT holders are currently eligible to claim tokens, with many users reporting allocations worth upwards of $20,000, and the project’s circulating market cap currently sits above $500 million. Early adopters in the cryptocurrency market have once again been rewarded for their bravery and exploration after the popular Ethereum Name Service protocol, which issues nonfungible tokens that double as Ethereum addresses and web domains, distributed an airdrop for its new ENS decentralized autonomous organization (DAO) token. The resulting airdrop translated to an instant five-figure payday for many holders and there are those who would have registered multiple ENS addresses to multiple wallets, meaning some holders are in possession of a six-figure airdrop. It had been widely expected that an airdrop was in the works for members of the ENS community, especially because the tactic has become more common throughout 2021 The claims process for ENS tokens began at 7 pm on Monday, Nov. 8, and qualified domain holders have until May 4, 2022 to claim their allotted tokens. The number of tokens each qualified user receives is based on a calculation that takes into account how long an address has held a domain as well as the length of the domain registration, with a cut-off of eight years. Lower level tiers have received an average of 200 ENS tokens, while the mid-level tier has received 500 ENS and the most active participants have earned 1,000 ENS. Claiming tokens also requires active participation from the domain holder, who has to vote on four articles of the ENS governance constitution designed to get the new decentralized autonomous organization off to a solid start. Users must also delegate their token voting power before getting access to their tokens and Coinbase has emerged as one of the top delegates in early voting
Long
by MavRich_Trading