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ENS

ENS - Chart update WITH PRICE ACTION TARGETSThis update is a small View for ENS - and where the price action could go. First of all - There is no any guaranty into trading - on this reason make sure your management are well. Back to chart. We have seen before a low point at 18 June of ENS where the price was around 7.64 USD, and since that time ENS looks to make new gains. Also we can remember in start of 2022 the price of ENS was around 69 usd, what makes this coin changing very high in price action - and its not the only coin, since the bear market there are more coins that follow the BTC effect. View from Technical analyses. Since ENS looks to have still the green cycle on low time there are possibility that we can see soon a breakout what could go over the before price action of 24 usd on 04-05-2022 from here to that point its already over 50%. so the focus are also on that point - its hard to predict what will happened after - but if this point get again a re-enter ENS could have more price actions targets. Realistic focus are between 30%- 50%. ( in case of breakout) The above view is Depending on TA - and study. so its not a fiancé advice - Make always sure you study the markets well - as markets can change any time. We will see or there will be a breakout on ENS soon. Great times!
Long
by Goldenbreakout
1
ens coin - symmetrical triangle breakoutENS (Ethereum Naming Service) has been making NFT Headlines lately, something other than "PFP" (ProFile Picture) NFT's.. u own/register an ETH domain name and it can be traded as an NFT.. Recently "000.eth" sold for 300 ETH on opensea. All of this is through the ENS coin /ecosystem. So this coin is for the ENS ecosystem, and looks like a sym triangle breakout on 4h, going long here. Do your own research, not financial advice. This could fail due to global macroeconomic issues outside of ENS's control.
Long
by dagenn99
ENS DAO NFT Culture Now that ens is under $10 (not the $3 I predicted in November 2021, but close enough) it’s looking like a bright spot in the crypto market. One thing that many shitcoin crypto projects have failed to do is create value in any way.. No products, no use case, literally a ponzi. ens domains maybe building something and it’s profitable. I’ll admit it’s not much but it’s something and it’s gained a lot of traction on Twitter. They have a product (.Eth domains) they have revenue, and they have a governance token which could be used in the future to allocate the profit from .eth domain sales towards anything really. I’m gonna start posting some of my picks for best cryptos to invest during the cryptopocalypse - here’s the first one - ens, ill start buying a little now. I don’t care if it’s the bottom, I’m ok with ens going to 0. I’ve also started accumulating .eth names as well as other domain extensions like .XYZ .NFT and more. It’s kind of fun once you get into it, and it’s a low barrier of entry. I already sold a few .Eth names for profit after just a few months of playing with them.
Long
by WalrusFat
The Battle for Interest Rates: Tezos (XTZ) vs Ethereum (ETH2)Been writing a few long articles lately but the tl;dr of it is that now that interest rates are going up, the asset speculation market (real estate, stocks, venture capital, crypto/NFTs) is largely over and money will start to flow into financial products that provide more "reliable" returns - mainly interest rates. Given that the banks are dragging its feet in terms of giving people interest in their savings accounts, coins that offer reliable staking rewards will probably start to gain more attention as time goes on. I've been promoting the coin Tezos quite a bit lately since it's the coin that I feel like has the biggest long-term promise. They currently offer: 1) staking rewards (4.63% on Coinbase but higher if you stake them yourself) 2) on-chain governance (which most don't have, including Bitcoin and Ethereum) 3) people building/minting lots of things on top of it all the time, despite the dips in the market right now You probably remember me stanning for ETH since that's how I got my first successes is crypto, but to be honest they may be in trouble longer term if they don't do their merge sooner than later - gas fees are one thing but their decision to stick to off-chain governance models (basically trusting its users to make decisions behind closed doors) has been causing major issues in some projects, especially in DAOs. (Look up Brantley and ENS for an example of what happens with coin-based voting systems.) Whether I give up on ETH completely (I did sell off a pretty big chunk of it recently) will largely depend on how the Consensys merge goes this August and if they move towards or away from the ideals that they're advocating for all the time. They have a lot of catching up to do because #XTZ right now has all of the things they like to talk about already running. For the average person out there, what they're going to see is banks and crypto competing against each other in something that more people can understand: interest rates. Right now crypto is winning since they have the capacity to offer people better rates than the banks are - and can definitely win if they play their cards right. NFTs are still confusing for most people but one number being higher than another number is something that almost anyone can understand. You might even argue that this is the first time crypto is competing against the banks in a very direct way. The markets might look scary right now but once it settles down we'll start to see new patterns emerge with new ideas and products taking the scene.
COINBASE:ETHUSDLong
by RyanTanaka
2
Ethereum Name Service Moves Above EMA50 (vs Bitcoin)We look at the Ethereum Name Service vs Bitcoin (ENSBTC) trading pair now. We can see a clear higher low while prices are now moving above EMA50. Another strong signal to consider is the fact that Bitcoin broke down completely in the past few weeks while this and other pairs remain trading above support and at higher lows... Signaling that these pairs priced in anything Bitcoin and are just getting ready to grow. Note: If prices break and close below 0.00002700 that's our stop-loss. Any trading above this level and we wait patiently expecting the next bullish jump. Namaste.
Long
by MasterAnanda
2
Ethereum Name Service Holding Support (vs Tether)Here is a pair we like that we traded successfully in the past, ENSUSDT. Just as we saw with Cardano (ADAUSD), the 12-May low/support holds again for ENSUSDT. We have a higher low and there is potential for a bullish bounce. Any trading above $7.35 and we are strongly bullish. Moving and closing below $7.35 is the stop-loss. Any trading below this level and we lose the bullish potential. Right now ENSUSDT is aiming higher. Charts are always changing and can always change. Make sure to have a well developed plan; a great strategy... Before you trade. Namaste.
Long
by MasterAnanda
1
I called the ENS bottom, up 75% - BREAKOUT UPDATEENS has completely decoupled from the rest of the market and is up ~45% in one day. TA helped me spot the opportunity and I called the bottoming pattern on my previous post, but the real fundamental driver here is that ENS domains are the current NFT craze - cointelegraph.com Last night it perfectly retested the 12hr 200SMA / 1D 50 & 100 SMA which sent it soaring 40%. I'm posting this as the price is retesting the resistance/breakout level I previously identified. If that flips to support, we can consider the possibility of further upside. If we break back down into the descending channel, consider buying around the zones/levels I've identified. If this domain NFT bubble is short lived, we may see ENS re-couple with the rest of the market soon. However, I think ENS is a great project with huge fundamental value in Web3. I have been trading my $ENS airdrop tokens but will definitely be looking to re-enter that position at support. Follow me on TV and twitter (@ crypto_donovan) for more setups / updates ! happy trades, CD
Long
by cryptodonovan
1