ENSUSDT 1D ENS price perspective +80% growth in the coming weeksToday we will talk about the price prospects of the ENSUSDT trading pair
Ethereum Name Service is not a company but an open-source project that calls itself “an open public utility that belongs to the company.” Essentially, it aims to become a piece of infrastructure as vital to Web3 (to whom the laurels of the prospects of the coming years are given) as DNS is to the internet.
ENS is the governance token of Ethereum Name Service and is used to govern the protocol and influence decisions on pricing its .eth addresses and the price oracle.
Taking into account the information hype surrounding the transition of ETH from PoW to PoS in mid-September , the ENS price will also directly depend on these changes.
It is predicted that the annual emission of ETH will amount to only 0.3%, and a significant decrease in supply affects the growth of the price according to the laws of economics.
By the way, here we have an actual idea for the ETHUSDT trading pair
On the other hand, we have the original, historically 1st created Ethereum Classic, to which miners are increasingly switching. Investors' attention may switch from ETH to ETC, because the hashrate has grown by 480% since the beginning of the year, and the ETCUSDT price has increased 3 times in just 2 months, and this is in the current sluggish market.
By the way, the actual idea of ETCUSD is below
Summarizing:
It is difficult to predict the ENSUSDT price, taking into account the indirect dependence on the ETHUSD price, because it is not fully known how market speculators will react to the transition from PoW to PoS
Even in general, the crypto market has not fully embraced which trend him chose
However, the information hype around the word "Ethereum", which is also in the name of the ENS token , can play the role of "a trump card" and cause rapid growth to the region of $25
And if the market trend clearly changes to growth, then the target of $40 will become even more realistic
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Ethereum Name Service (ENS) forming Cypher for upto 13% moveHi dear friends, hope you are well and welcome to the new trade setup of Ethereum Name Service (ENS) Bitcoin pair.
In the previous trade, ENS pumped well, but went very close to the target and dropped down.
Now on a 4-hr frame, ENS is about to complete a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#ENS/USDT 4HOUR BY CRYPTOSANDERSWelcome to this quick ENS/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to ENS/USDT chart analysis by cryptosanders
As we can see from the above-mentioned chart that ENS/USDT created an inverse head and shoulder pattern and broke the neckline upside. Currently, ENS retested the neckline and pumped we can take entry at
Here the green zone is the zone to go long on the spot or low leverage.
entry:-$18.80,$19.65
target:-60%
stop-loss:-$17.90
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ENS/USDT: Both sides trade opportunitiesHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
ENS/USDT TA Update:-
TimeFrame :- 1D
$ENS is currently trading at $21 levels.
IS HAS BREAKOUT THIS CHANNEL
Both sides trade opportunities available once this daily candle closes
1 ) If the daily candle closes above this resistance -
Target:- $26 or much higher Targets can be achieved.
Stop loss :- $18.40
2 ) If the daily candle does not close above this resistance
Targets :- $15
Stop loss :- $21.80
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
ENSUSDT - Buy Setup!ENSUSDT (1D Chart) Technical analysis
ENSUSDT (1D Chart) Currently trading at $19.25
Buy level: Above $20.55 (Buy after breakout)
Stop loss: Below $13
Target 1: $23.9
Target 2: $28.80
Target 3: $36
Target 4: $50
Max Leverage 2x / Spot market
Always keep Stop loss
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#ENS/USDT 8HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ENS/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to ENS/USDT chart analysis by cryptosanders
In the above-mentioned chart, we can see that ENS/USDT was trading inside the triangle pattern and broke the upper trend line, and bounced 5% after the breakout.
In the current scenario, ENS/USDT is moving down to retest the upper trend line and yellow MA is also working as support.
Here the green zone is the zone to go long on the spot or low leverage.
entry:-$15.80,$17
target:-70% to 80%
stop-loss:-$14.080
with laverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ENS Ethereum Name Service oversold The Ethereum Name Service is a distributed, open, and extensible naming system based on the Ethereum blockchain. The Ethereum Name Service’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS is the native token of the system and is used for governance and voting on the use of treasury grants.
This could be a speculative buy in the oversold area.
ENSUSDT, Its time to buyHello everybody
According to the previous analysis, we shown on chart that the price after break the resistance zone area its need to have recovery then it can be ready to continue move upwards.
And now at this time this event happend and we complete the correction and we are ready to move upwards and take profit. :)
Everything was shown on chart, and please trail your position and manage it
Previous analysis :
Good Luck
Abtin
ENSUSDT, It can move like this movement ...Hello everybody
Do you know something about ENS ??
If you wanna know about that and wanna we publish fundamental of the coin/token, CM it for us
According to the chart you can see the price changed the trend from donward to upward and its coming to reach to the resistance zone level
If the price can break this resistance zone the movement that we shown on chart its in our mind and it can go up reach to new target
We will update this chart in future and if it can break the resistance zone we try to update new target and publish it
If you have any question send us message in private
Good Luck
Abtin
ENS Trade Plan ENSUSDTBearish
1) Bearish engulfing candle at 75 region
2) Resistance at 83
Bullish
1) Higher highs higher lows
2) Trend line Support
3) fib 38 percent level at 66.98
4) Cup and Handle Formation
Trade Plan
i) Buy at current price i.e. 69.19
ii) Stop Loss at 63
iii) Take Profit 1 : 76
iv) Take Profit 2 : 84
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
ENS/USDT LONG SET UP TO $100 (HODL) Binance has listed ENS
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