Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Ethereum Name Service is down -5.92% today against the US Dollar
- Ethereum Name Service is currently trading 12.17% below our prediction on Nov 13, 2022
- Ethereum Name Service dropped -10.99% in the last month and is down -60.29% since 1 year ago
| Ethereum Name Service price | $ 15.61 |
| Ethereum Name Service prediction |
$ 17.78 (13.55%) |
| Sentiment |
Bearish |
| Fear & Greed index |
31 (Fear) |
| Key support levels | $ 15.94, $ 15.62, $ 15.24 |
| Key resistance levels | $ 16.63, $ 17.01, $ 17.33 |
ENS price is expected to rise by 13.55% in the next 5 days according to our Ethereum Name Service price prediction
Ethereum Name Service price today is trading at $ 15.61 after losing -5.92% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -4.62% in the same time period. ENS performed poorly against BTC today and recorded a -0.67% loss against the world’s largest cryptocurrency.
According to our Ethereum Name Service price prediction, ENS is expected to reach a price of $ 17.78 by Nov 13, 2022. This would represent a 13.55% price increase for ENS in the next 5 days.
ENS Price Prediction Chart
Buy/Sell Ethereum Name Service
What has been going on with Ethereum Name Service in the last 30 days
Ethereum Name Service has been displaying a negative trend recently, as the coin lost -10.99% in the last 30-days. The medium-term trend for Ethereum Name Service has been bearish, with ENS dropping by -4.86% in the last 3 months. The long-term picture for Ethereum Name Service has been negative, as ENS is currently displaying a -60.29% 1-year price change. On this day last year, ENS was trading at $ 39.32.
Ethereum Name Service reached its all-time high price on Nov 11, 2021, when the price of ENS peaked at $ 83.40. The current ENS cycle high is $ 20.26, while the cycle low is at $ 7.33. ENS has been displaying low volatility recently – the 1-month volatility of the coin is at 5.51. Ethereum Name Service recorded 14 green days in the last 30 days.
Ethereum Name Service technical analysis for today – Nov 08, 2022
The sentiment in the Ethereum Name Service markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 15.94, $ 15.62 and $ 15.24, while $ 16.63, $ 17.01 and $ 17.33 are the key resistance levels.
Bearish sentiment for Ethereum Name Service
4 indicators are currently signaling a bullish prediction for Ethereum Name Service, while 20 indicators are showing a bearish forecast. With 83% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Ethereum Name Service.
Crypto market is currently experiencing Fear
Currently, the Fear & Greed index is at 31 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Ethereum Name Service moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Ethereum Name Service is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 16.88 (SELL) | $ 16.25 (SELL) | – | – |
| MA5 | $ 17.03 (SELL) | $ 16.63 (SELL) | – | – |
| MA10 | $ 16.94 (SELL) | $ 16.89 (SELL) | – | – |
| MA21 | $ 17.25 (SELL) | $ 17.10 (SELL) | $ 13.92 (BUY) | $ 15.44 (BUY) |
| MA50 | $ 16.65 (SELL) | $ 16.67 (SELL) | $ 19.07 (SELL) | $ 16.94 (SELL) |
| MA100 | $ 15.56 (BUY) | $ 15.72 (SELL) | – | – |
| MA200 | $ 13.76 (BUY) | $ 15.89 (SELL) | – | – |
| Period | Value | Action |
| RSI (14) | 44.26 | NEUTRAL |
| Stoch RSI (14) | 54.11 | NEUTRAL |
| Stochastic Fast (14) | 20.19 | NEUTRAL |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 10.93 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.44 | NEUTRAL |
| Momentum (10) | -0.93 | NEUTRAL |
| MACD (12, 26) | -0.14 | NEUTRAL |
| Williams Percent Range (14) | -79.81 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 40.98 | NEUTRAL |
| VWMA (10) | 16.99 | SELL |
| Hull Moving Average (9) | 17.29 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 17.90 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Ethereum Name Service is at 44.26, suggesting that ENS is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Ethereum Name Service over the last 50 days. Currently, Ethereum Name Service is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the ENS closing price for the last 200 days. ENS is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Ethereum Name Service prediction
After considering the above factors, we can conclude that the current forecast for Ethereum Name Service price prediction is Bearish. ENS would have to increase by 13.55% to hit our $ 17.78 target within the next five days. Moving forward, it will be important to monitor the ENS market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Ethereum Name Service price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
