Ethereum Name Service Primed For Long-Term Gains!
In intraday, the Ethereum Name Service (ENS) showed growth of 10.15%, where the price traded at $27.56. By market cap, it ranks 77th in the top 100 with a market cap of $871.311 million and a volume of $171.33 Million, showing a 52.20% surge.
The ENS has reflected growth since Mid-May 2024 and has been riding a bullish trendline; despite bears' attempts, the trendline posed sturdy. Furthermore, backed by 50-day, and 200-day dynamic support EMA bands, it looks riped for future growth to come.
The continum bullish ascend could assist ENS to surpass the hurdle of $29.73. The MACD appears bullish, where the histogram is at 0.18, and the RSI flashes above a median line at 61.14. Thus, indicator tools highlight more glory to add to its price.
The ENS has reflected growth since Mid-May 2024 and has been riding a bullish trendline; despite bears' attempts, the trendline posed sturdy. Furthermore, backed by 50-day, and 200-day dynamic support EMA bands, it looks riped for future growth to come.
The continum bullish ascend could assist ENS to surpass the hurdle of $29.73. The MACD appears bullish, where the histogram is at 0.18, and the RSI flashes above a median line at 61.14. Thus, indicator tools highlight more glory to add to its price.