Ethereum

2024

April

Ethereum Name Service

<p><strong>Key takeaways</strong></p> 
<ul> 
 <li>Ethereum Name Service price prediction suggests a peak price of $20.82 in 2024.</li> 
 <li>By 2027, ENS could see significant growth, with predictions suggesting a potential maximum price of $66.85.</li> 
 <li>ENS could achieve its highest price yet, reaching up to $196.56 by 2030.</li> 
</ul>  
<p>Ethereum Name Service is a network that allows crypto-enthusiasts to rename their crypto addresses into something more uncomplicated for them to remember easily. Renaming crypto addresses through ENS will enable users to recollect and write them quickly.</p> 
<p>Even though Ethereum Name Service is based on the Ethereum blockchain, it uses its cryptocurrency, ENS. ENS is used for governance purposes on the blockchain network. Users can also send and receive any cryptocurrency with the system’s wallet. The price of ENS has experienced ups and downs since it launched on the market, dropping to as low as $6.7, hitting an ATH of $85.69, and currently trading below $30.</p> 
<p>How high can ENS go? Will ENS recapture its ATH soon?</p> 
<h2 class="wp-block-heading" id="overview">Overview</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Cryptocurrency</strong></td>
    <td>Ethereum Name Service</td>
   </tr>
   <tr>
    <td><strong>Token</strong></td>
    <td>ENS</td>
   </tr>
   <tr>
    <td><strong>Price</strong></td>
    <td>$15.26</td>
   </tr>
   <tr>
    <td><strong>Market Cap</strong></td>
    <td>$507.81M</td>
   </tr>
   <tr>
    <td><strong>Trading Volume</strong></td>
    <td>$68.29M</td>
   </tr>
   <tr>
    <td><strong>Circulating Supply</strong></td>
    <td>33.57M</td>
   </tr>
   <tr>
    <td><strong>All-time High</strong></td>
    <td>$85.69, Nov 11, 2021</td>
   </tr>
   <tr>
    <td><strong>All-time Low</strong></td>
    <td>$6.70, Oct 19, 2023</td>
   </tr>
   <tr>
    <td><strong>24-h High</strong></td>
    <td>$16.08</td>
   </tr>
   <tr>
    <td><strong>24-h Low</strong></td>
    <td>$14.59</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="ethereum-name-service-technical-analysis">Ethereum Name Service technical analysis</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Metric</strong></td>
    <td><strong>Value</strong></td>
   </tr>
   <tr>
    <td>Price Prediction</td>
    <td>$ 50.11 (227.92%)</td>
   </tr>
   <tr>
    <td>Volatility</td>
    <td>3.69%</td>
   </tr>
   <tr>
    <td>50-Day SMA</td>
    <td>$17.57</td>
   </tr>
   <tr>
    <td>14-Day RSI</td>
    <td>40.18</td>
   </tr>
   <tr>
    <td>Sentiment</td>
    <td>Bearish</td>
   </tr>
   <tr>
    <td>Fear &amp; Greed Index</td>
    <td>69 (Greed)</td>
   </tr>
   <tr>
    <td>Green Days</td>
    <td>13/30 (43%)</td>
   </tr>
   <tr>
    <td>200-Day SMA</td>
    <td>$ 19.60</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="ethereum-name-service-price-analysis-ens-reaches-17-17-as-the-market-is-driven-by-bullish">Ethereum Name Service price analysis: ENS reaches $17.17, as the market is driven by bullish</h2> 
<p><strong>TL;DR Breakdown</strong></p> 
<ul> 
 <li>Ethereum Name Service’s price analysis shows a bullish trend.</li> 
 <li>ENS price seeks resistance at $18.88.</li> 
</ul>  
<p>The price of Ethereum Name Service (ENS) on November 6 is currently showing a bullish trend. Starting at a low point of around $15.72, the price has gradually increased throughout the day, reaching up to $17.17. This steady upward movement shown by the green areas, indicates growing buying interest and positive momentum for ENS. The bullish sentiment suggests that more buyers are entering the market, pushing the price higher and maintaining upward pressure on its value.</p> 
<h3 class="wp-block-heading" id="ethereum-name-service-1-day-price-chart-bullish-momentum-rallies-toward-18">Ethereum Name Service 1-day price chart: Bullish momentum rallies toward $18&nbsp;</h3> 
<p>On the 1-day chart for Ethereum Name Service (ENS), the price has experienced a notable increase, climbing to $17.17 with a gain of 16.80% at the time of analysis. The recent upward trend shows that buyers have been more active, pushing the price higher and demonstrating a bullish momentum.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcrxaU_t8myQLrTty4lrezVaR8HRy84yNTOAUD9EJa6GHP4rye_G8WW1wqw8B1YfnSljEcU4tO0tdZJVFVB0kDJqLxMajVYuHhuja2tapmUpLJtsgPtr43wWvfu3yGnIl25InTrKUo4ANfeXAFfVwhrR-kR?key=aaKP9MtL_87RAeNcMhNgXN6W" alt="Ethereum Name Service 1-day price chart">
 <figcaption class="wp-element-caption">
  <a href="https://www.tradingview.com/symbols/ENSUSDT/" target="_blank" rel="noopener">ENS</a> bullish momentum rallies toward $18
 </figcaption>
</figure> 
<p>The RSI (Relative Strength Index) is at 48.85, suggesting buying strength is increasing but not yet overbought. The MACD (Moving Average Convergence Divergence) line is slightly above the signal line, with values of -0.01 for the MACD and -0.73 for the signal line. While still in the negative territory, the narrowing gap indicates a potential upward crossover, which could further confirm a bullish reversal if it continues.&nbsp;</p> 
<h3 class="wp-block-heading" id="ens-4-hour-price-analysis-bullish-momentum-drives-strong-gains">ENS 4-hour price analysis: Bullish momentum drives strong gains</h3> 
<p>On hourly charts, ENS shows a bullish rally towards $17.17. This is a positive sign for ENS as it shows strong buying support. The overall trend for ENS on the 4-hour chart is bullish, with the price constantly making higher highs and higher lows.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdQXP-U5LEx9P3Gj9EErDv2m8Or8PVySsr6ISinKRek4dUb06WR0clAnGCy8TJgd-Qc361Nxo2fBy65vcEXJFeKGEfpfLRvFSBPvVy6YmB5vU7HjeNZwRA168RJb_a8utEmQi4dEw?key=aaKP9MtL_87RAeNcMhNgXN6W" alt="ENS 4-hour price analysis">
 <figcaption class="wp-element-caption">
  Bullish momentum drives strong gains for <a href="https://www.tradingview.com/symbols/ENSUSDT/" target="_blank" rel="noopener">ENS</a>
 </figcaption>
</figure> 
<p>The MACD shows a bullish crossover as the blue line has moved above the orange signal line, with positive histogram bars forming, which often indicates upward momentum. Additionally, the RSI is at 50.72, suggesting moderate buying pressure without being overbought. These signals support the view of a bullish trend on the 4-hour timeframe.</p> 
<h2 class="wp-block-heading" id="ens-technical-indicators-levels-and-action">ENS technical indicators: Levels and action</h2> 
<h3 class="wp-block-heading" id="daily-simple-moving-average-sma">Daily simple moving average (SMA)</h3> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Period</strong></td>
    <td><strong>Value</strong></td>
    <td><strong>Action</strong></td>
   </tr>
   <tr>
    <td>SMA 3</td>
    <td>$ 16.57</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 5</td>
    <td>$ 16.88</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 10</td>
    <td>$ 16.55</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 21</td>
    <td>$ 17.48</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 50</td>
    <td>$ 17.57</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 100</td>
    <td>$ 18.61</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 200</td>
    <td>$ 19.60</td>
    <td>SELL</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h3 class="wp-block-heading" id="daily-exponential-moving-average-ema">Daily exponential moving average (EMA)</h3> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Period</strong></td>
    <td><strong>Value</strong></td>
    <td><strong>Action</strong></td>
   </tr>
   <tr>
    <td>EMA 3</td>
    <td>$ 17.15</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 5</td>
    <td>$ 17.24</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 10</td>
    <td>$ 17.27</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 21</td>
    <td>$ 17.40</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 50</td>
    <td>$18.00</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 100</td>
    <td>$ 19.07</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 200</td>
    <td>$ 19.34</td>
    <td>SELL</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h3 class="wp-block-heading" id="what-to-expect-from-ens">What to expect from ENS?</h3> 
<p>The overall trend for ENS is bullish, and the market sentiment is positive. The technical indicators are all supporting a bullish trend, and buying pressure is still strong in the market. The ENS price is still in a strong bullish trend and may continue to move higher in the short term</p> 
<h2 class="wp-block-heading" id="is-ens-a-good-investment">Is ENS a good investment?</h2> 
<p>Ethereum Name Service (ENS) can be a good investment if you believe in the long-term potential of decentralized domain names and the growing adoption of blockchain technology. ENS offers a unique utility by allowing users to register human-readable names for Ethereum addresses, which simplifies transactions and interactions within the Ethereum ecosystem. Its value could increase as more users and businesses adopt decentralized web services.</p> 
<h3 class="wp-block-heading" id="will-ens-recover">Will ENS recover?</h3> 
<p>The ENS price has experienced a sharp drop followed by a gradual recovery, indicating some resilience in the market. While there has been a rebound from the low, whether ENS will fully recover depends on continued buying interest and broader market conditions.</p> 
<h3 class="wp-block-heading" id="will-ens-reach-100">Will ENS reach $100?</h3> 
<p>Forecasts for ENS indicate significant growth potential over the coming years, with the price projected to reach $114.15 by 2029. This implies that reaching $100 is plausible within the next few years, driven by positive market trends and increasing adoption.</p> 
<h3 class="wp-block-heading" id="will-ens-reach-500">Will ENS reach $500?</h3> 
<p>Reaching $500 would require a substantial increase beyond current forecasts, which suggest a maximum price of $196.56 by 2030. While this is an ambitious target, it would necessitate exceptional market performance and broader adoption for ENS to achieve such a high valuation.</p> 
<h3 class="wp-block-heading" id="does-ens-have-a-good-long-term-future">Does ENS have a good long-term future?</h3> 
<p>Ethereum Name Service (ENS) shows a strong long-term potential based on current predictions. The price is expected to increase significantly over the next several years, with forecasts extending up to $196.56 by 2030. This indicates a positive outlook for ENS, supported by ongoing market developments and growing investor interest.</p> 
<h2 class="wp-block-heading" id="recent-news-opinion-on-ethereum-name-service">Recent news/opinion on Ethereum Name Service</h2> 
<ul> 
 <li>ENS Labs has partnered with PayPal and Venmo to let U.S. users simplify crypto transfers by using ENS names instead of complex wallet addresses. This integration makes transactions easier to manage and reduces errors.</li> 
 <li>With this integration, users can now enter ENS names directly to identify wallet addresses, while Venmo and PayPal will store these names in address books for future transfers. This collaboration aims to make DeFi accessible to users comfortable with traditional Web2 platforms, merging familiar payment experiences with the benefits of decentralized finance.</li> 
 <li>PayPal and Venmo’s integration with ENS aligns with ongoing efforts to enhance their crypto offerings, following recent moves like launching PYUSD stablecoin on Venmo and partnering with MoonPay for card-based crypto purchases.</li> 
</ul> 
<h2 class="wp-block-heading" id="ethereum-name-service-price-prediction-november-2024">Ethereum Name Service price prediction November 2024</h2> 
<p>In November 2024, Ethereum Name Service (ENS) is expected to see a minimum price of $16.58 and an average price of $21.08. The maximum predicted price for ENS is $38.32.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Month</strong></td>
    <td><strong>Minimum Price</strong></td>
    <td><strong>Average Price</strong></td>
    <td><strong>Maximum Price</strong></td>
   </tr>
   <tr>
    <td>November</td>
    <td>$16.58</td>
    <td>$21.08</td>
    <td>$38.32</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="ethereum-name-service-price-prediction-2024">Ethereum Name Service price prediction 2024</h2> 
<p>Ethereum Name Service (ENS) forecast for 2024 suggests a minimum price of $18.48 and an average price of $19.18. The maximum price for ENS could reach $20.82.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year</strong></td>
    <td><strong>Minimum Price</strong></td>
    <td><strong>Average Price</strong></td>
    <td><strong>Maximum Price</strong></td>
   </tr>
   <tr>
    <td>2024</td>
    <td>$18.48</td>
    <td>$19.18</td>
    <td>$20.82</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="ethereum-name-service-price-predictions-2025-2030">Ethereum Name Service price predictions 2025 – 2030</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year</strong></td>
    <td><strong>Minimum Price</strong></td>
    <td><strong>Average Price</strong></td>
    <td><strong>Maximum Price</strong></td>
   </tr>
   <tr>
    <td>2025</td>
    <td>$26.11</td>
    <td>$27.06</td>
    <td>$32.31</td>
   </tr>
   <tr>
    <td>2026</td>
    <td>$38.24</td>
    <td>$39.32</td>
    <td>$44.50</td>
   </tr>
   <tr>
    <td>2027</td>
    <td>$56.68</td>
    <td>$58.25</td>
    <td>$66.85</td>
   </tr>
   <tr>
    <td>2028</td>
    <td>$80.10</td>
    <td>$83.01</td>
    <td>$98.42</td>
   </tr>
   <tr>
    <td>2029</td>
    <td>$114.15</td>
    <td>$118.30</td>
    <td>$139.76</td>
   </tr>
   <tr>
    <td>2030</td>
    <td>$156.26</td>
    <td>$162.17</td>
    <td>$196.56</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h4 class="wp-block-heading">Ethereum Name Service price prediction 2025</h4> 
<p>In 2025, the price of Ethereum Name Service is forecasted to be around a minimum value of $26.11. Ethereum Name Service (ENS) can reach a maximum price of $32.31 and an average trading value of $27.06.</p> 
<h4 class="wp-block-heading">Ethereum Name Service price prediction 2026</h4> 
<p>In 2026, Ethereum Name Service price prediction is projected to experience significant growth. The maximum forecasted price is $44.50, with an expected average trading price of $39.32 and a minimum of $38.24.</p> 
<h4 class="wp-block-heading">Ethereum Name Service price prediction 2027</h4> 
<p>The Ethereum Name Service price forecast for 2027 projects a peak price of $66.85. The average price is projected to stabilize around $58.25, with the minimum price being $56.68.</p> 
<h4 class="wp-block-heading">Ethereum Name Service price prediction 2028</h4> 
<p>In 2028, Ethereum Name Service is expected to reach a minimum price of $80.10, a maximum price of $98.42, and an average value of $83.01.</p> 
<h4 class="wp-block-heading">Ethereum Name Service price prediction 2029</h4> 
<p>The price of Ethereum Name Service is expected to reach a minimum level of $114.15 in 2029. Traders can expect a maximum level of $139.76 and an average price of $118.30.</p> 
<h4 class="wp-block-heading">Ethereum Name Service price prediction 2030</h4> 
<p>Ethereum Name Service price for 2030 suggests a minimum price of $156.26. As per expert analysis, ENS could reach a maximum possible level of $196.56 and an average price of $162.72.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcPV62jrSCbEE5f7biNaH0GVpNZxEO4Ww7DXhSQt6UL3kYs1g_9CpQYgODR-p_dT0zag8bSHgOdA50wHYygNjHsU0BcSk2_dfNjEIPAMmlIxAr3XW3hpV5iSiJni5Nmw44NZrQy3mVXLOhNF9HAR61r2Ic?key=3nbX3vU0JPUaVuGqoKYbgbbk" alt="ENS price prediction 2024-2030">
 <figcaption class="wp-element-caption">
  <em>ENS price prediction 2024-2030</em>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="ethereum-name-service-market-price-prediction-analysts-ens-price-forecast">Ethereum Name Service market price prediction: Analysts’ ENS price forecast</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Firm Name</strong></td>
    <td><strong>2024</strong></td>
    <td><strong>2025</strong></td>
   </tr>
   <tr>
    <td>Gate.io</td>
    <td>$28.29</td>
    <td>$32.29</td>
   </tr>
   <tr>
    <td>CoinCu</td>
    <td>$226.49</td>
    <td>$377.48</td>
   </tr>
   <tr>
    <td>Digitalcoinprice</td>
    <td>$33.23</td>
    <td>$39.25</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="cryptopolitan-s-ethereum-name-service-ens-price-prediction">Cryptopolitan’s Ethereum Name Service (ENS) price prediction</h2> 
<p>Cryptopolitan’s overall Ethereum Name Service price predictions present a promising outlook through 2030. ENS is expected to experience substantial growth, with 2025 projections showing a peak of $32.31 and prices continuing to rise to a maximum of $196.56 by 2030.</p> 
<h2 class="wp-block-heading" id="ethereum-name-service-historic-price-sentiment">Ethereum Name Service historic price sentiment</h2> 
<figure class="wp-block-image">
 <img decoding="async" src="https://www.cryptopolitan.com/wp-content/uploads/2024/10/image-404-1200x649.png" alt="Ethereum Name Service (ENS) Price History">
 <figcaption class="wp-element-caption">
  <em>ENS price history ⏐ Source:</em> <em>Coinmarketcap</em>
 </figcaption>
</figure> 
<ul> 
 <li>ENS started at $10.75 in January 2022, peaked at $15.21 in March, then declined to $9.28 by June. The price stabilized around $8.01 in September and rebounded to $10.75 by December.</li> 
 <li>In early 2023, ENS rose sharply from $15.90 to $22.41 in March with high trading volumes. It then dropped to $9.28 by June and saw a modest recovery to $9.67 by December.</li> 
 <li>By 2024, ENS surged to $30.69 by March, fell to $14.60 in April, then rebounded to $25.85 in May. It peaked at $31.06 in July, reached $21.1 in September, and currently trading between $17.18 – $18.88 in October.</li> 
 <li>In November ENS is currently trading between $14-$16 range.</li> 
</ul>

Ethereum Name Service price prediction 2024-2030: Is ENS a good investment?

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