Get started

Ethereumnameservice

Why ENS (Ethereum Name Service) Is a Must-Buy in 2024 Certain tokens emerge as key players that not only stand out but also promise significant growth and integration into the broader ecosystem. Ethereum Name Service ( NYSE:ENS ) has recently experienced a remarkable surge of over 50%, reaching a 6-month high of $14.71. This surge can be attributed to none other than Ethereum co-founder Vitalik Buterin, who endorsed NYSE:ENS and highlighted its pivotal role in Ethereum's evolution and DeFi integration. A Cornerstone in Ethereum's Landscape: NYSE:ENS operates as the governance token for the Ethereum Name Service project, a platform facilitating users in acquiring domain names on the Ethereum blockchain. These domain names play a crucial role in simplifying cryptocurrency transactions, providing users with an easier and more intuitive way to transfer and receive funds. With over 2.1 million registered Ethereum-based domains to date, NYSE:ENS has become an indispensable part of the Ethereum landscape. Vitalik Buterin's Endorsement: The recent surge in NYSE:ENS 's value can be directly linked to Vitalik Buterin's endorsement. As a pivotal figure in the blockchain community, Buterin emphasized the critical role NYSE:ENS plays in the broader crypto ecosystem. His statements not only propelled NYSE:ENS to its highest point since April but also triggered a staggering 1764% increase in trading volume, reaching $409,882,454. The market's response to influential voices in the cryptocurrency world underscores the significance of Buterin's endorsement. Future Prospects and Integration in DeFi: Buterin's vision for integrating ENS with layer-2 blockchains to enhance decentralized finance (DeFi) user experiences resonates with the market's direction. This strategic move positions ENS as a crucial component in the evolution of the Ethereum ecosystem, promising further growth and integration in the future. As the market increasingly values user-friendly and streamlined solutions, NYSE:ENS stands out as a project with immense potential. Why You Should Consider Buying ENS: 1. Endorsement by Vitalik Buterin: As a co-founder of Ethereum, Buterin's endorsement adds credibility and highlights the project's importance in the crypto space. 2. Growing Importance: ENS's role in simplifying cryptocurrency transactions and the increasing adoption of Ethereum-based domains underline its growing importance in the Ethereum landscape. 3. Surge in Trading Volume: The recent surge in trading volume reflects a heightened market interest, presenting an opportunity for potential buyers. 4. Strategic Integration with DeFi: ENS's alignment with the vision of integrating with layer-2 blockchains for enhanced DeFi experiences positions it as a forward-thinking and essential player in the evolving crypto landscape. Conclusion: As the cryptocurrency market continues to evolve, strategic investments in projects with a clear vision and growing importance become increasingly attractive. ENS, backed by Vitalik Buterin's endorsement and its pivotal role in Ethereum's evolution, presents a compelling opportunity for buyers looking to capitalize on the future of decentralized finance and blockchain integration. With its recent surge and promising prospects, ENS stands out as a must-buy in 2024, offering investors a chance to be part of a transformative journey within the crypto space.
Long
by DEXWireNews
ETHEREUM NAME SERVICE HEAD AND SHOULDERS PATTERN - 14.6$ TARGET!Upon analyzing the Ethereum Name Service (ENS) vs USDT, we've discovered an amazing Head and Shoulders Pattern in the Macro Overview that would take us arround 14$ , and can be extended towards 16$ . These targets do also match the Fibbonaci 1.618 retracement from the highs on July to the lows of October. This pattern is breaking at the moment and Backtesting the resistance as as support of 9.5$. This is looking insane for a short term explosion!!! Don't miss it out.
COINBASE:ENSUSDLong
by xReve
ENS Preparing for a Bull Run? | ENS/USDT Analysis💎Yello Paradisers, let's unpack ENS/USDT for a moment. Right now, it's navigating a downward channel, but we're keeping our eyes peeled for an imminent breakout. 💎If this breakout materializes, we can expect a dynamic price surge, just as we've projected. 💎Worth noting are the dual confirmed Order Blocks on the shorter timeframe. Given the liquidity in these zones, the price is likely to gravitate towards them. 💎Remember that a previous demand zone flipped into a supply area, leading to a notable price decline and aiming for the earlier Order Block. However, market uncertainty is a huge factor in this projection. 💎More updates are on the way, so stay tuned and make the most of your trading journey!
Long
by MyCryptoParadise_Simon
ABC Pattern Unfolding: ENSUSDT Elliott Wave Analysis💎 #ENSUSDT could be on the verge of completing an ABC pattern, according to the Elliott wave theory. After a strong bounce off the 88.6% Fibonacci support, we witnessed a breakout of the downtrend trendline, fueled by heavy buying pressure. 🚀 💎 Furthermore, the price is contained within a tight ascending channel, suggesting a potential rapid rise towards the Fibonacci-based resistance area. 💥 💎 However, we can't rule out the possibility of a price spike downwards, testing the downtrend trendline and the double Fibonacci support around the $10 psychological level. If this occurs, buyers should seize the opportunity. 🎯 💎 It's crucial to note that a break below the C-wave would invalidate the short-term bullish outlook, potentially paving the way for a continuation of the downtrend. 🔴
Long
by MyCryptoParadise
Ethereum Name Service(ENS) forming Gartley |Good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Ethereum Name Service (ENS). In previous trade of ENS the priceline moved slightly down than potential reversal zone, however, recovered soon and pumped well: Now on a 4-hr time frame, ENS is about to complete a bullish Gartley pattern with Bitcoin pair chart. 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
Long
by moon333
ENSUSDT 💎GEM💎 Parabolic Potential !Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 In today's analysis, another undervalued crypto with great potential that is currently trading in consolidation and looking ready for a breakout - ENSUSDT. ENS is a Blockchain domain naming protocol built specifically for the Ethereum Blockchain. Using it allows customers to create human-friendly and readable usernames for their Ethereum-based crypto wallet, and decentralized websites and apps. A first of its kind and simply put, ENS is a decentralized, open-source and permissible naming system running on Ethereum smart contracts. This is another gem in the rough that I believe may have parabolic potential during the next bull cycle. It is my belief that this time of the season / cycle is the best time to accumulate and look for new opportunities in the market. If you're interested in the TOP altcoins I'm watching, check out this idea 👀 Have a great weekend 🥂 _________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
15
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 _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
38
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 AlanSantana
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 AlanSantana
1
$ENS/USDT 3h (#BinanceFutures) Falling broadening wedge breakoutEthereumNameService just regained 100EMA support and looks good for short-term recovery, probably after a last dip! Current Price= 12.964 Buy Entry= 12.702 - 11.530 Take Profit= 15.409 | 18.184 | 20.961 Stop Loss= 9.472 Risk/Reward= 1:1.25 | 1:2.3 | 1:3.35 Expected Profit= +27.18% | +50.08% | +73.00% Possible Loss= -21.82% Fib. Retracement= 0.559 | 0.702 | 0.786 Margin Leverage= 1x Estimated Gain-time= 2 weeks Tags: #ENS #ENSUSDT #DNS #Domain #Web3 #DAO #Governance #NFT #DeFi #SolEco Websites: ens.domains ens.mirror.xyz Contracts: #ERC20 0xC18360217D8F7Ab5e7c516566761Ea12Ce7F9D72 #SPL CLQsDGoGibdNPnVCFp8BAsN2unvyvb41Jd5USYwAnzAg
Long
by TradingOn
2
Ethereum Name Service Project Overview & Chart AnalysisI really like this one, I love the idea of Crypto-Domains. "What Is Ethereum Name Service (ENS)?
 Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS converts human-readable Ethereum addresses like john.eth into the machine-readable alphanumeric codes you know from wallets like Metamask. The reverse conversion -- associating metadata and machine-readable addresses with human-readable Ethereum addresses -- is also possible.
 The goal of Ethereum Name Service is to make the Ethereum-based web easier to access and comprehend for humans - similar to how the Internet’s Domain Name Service makes the internet more accessible. Like DNS, ENS also uses a system of dot-separated hierarchical names called domains with domain owners fully controlling their subdomains. Source: Coinmarketcap ---- As for the analysis... It is still early but I would love to see it grow. We have low risk (stop-loss below red dashed line) with high potential reward. This is not financial advice. Namaste.
by AlanSantana
1