Ethereum

bullish

Ethereum Name Service

Ethereum Classic

<p>Although the crypto markets appear to have entered the bull run phase, the bears tend to extract some profit at frequent intervals. A similar pullback occurred in the past couple of days, which offered the bulls a relaxation period and the recent rebound suggests the bulls are getting back in action. While the Ethereum price has raised above $3600, the tokens within the ecosystem, like Ethereum Name Service (ENS) &amp; Ethereum Classic (ETC), have gained remarkable gains, which suggests the ETH price may also trigger a notable run.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-ethereum-name-service-ens-price-analysis">Ethereum Name Service (ENS) Price Analysis</h2>   
<p><a href="https://coinpedia.org/price-prediction/ethereum-name-service-ens-price-prediction/" target="_blank" rel="noreferrer noopener">ENS price</a> printed a huge bullish candle during the past trading day of over 55% elevating the levels from $22.03 to as high as $34.26. Besides, the token surged magnificently in the early trading hours and smashed yearly highs at around $37.29 that attracted huge bearish attention. The platform has attracted huge buying volume, which has kept the bullish momentum alive and also revived the possibility of another 15% jump before the monthly close.&nbsp;</p>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdfxbC--hh_N4RYhXIwmPHjSqr0pPGIoooTKxNQFlBUf4szAAyTeyvjI3wrKl0o9jE1x5bX5gNve3Ujt9yedVWvPfMAZjgwabnjaDoQATcEWsKYBdgGgr0IU05ZFBzuldMyB5pW?key=S3-xOEFHO0QhTVLFLN-epmcB" alt="">
</figure>   
<p>As seen in the above chart, the ENS price was trading within a rising parallel channel, and the recent rebound helped the token gain it’s levels within the range. After the 50% rise, the price is falling some pullback, which is expected to be short-lived as the bulls continue to be vigilant as they have held a strong grip over the rally. Besides, the RSI has entered the overbought zone, and if it sustains for a while, the price may get a strong boost. Therefore, the ENS price is believed to maintain an ascending consolidation and reach the resistance of the channel above $40.&nbsp;</p>   
<h3 class="wp-block-heading" id="h-ethereum-classic-etc-price-analysis">Ethereum Classic (ETC) Price Analysis</h3>   
<p>Ethereum Classic has maintained a notable ascending trend in the short term within a rising channel. Meanwhile, the bears are successfully dragging the levels lower after rising above average levels. Therefore, sustaining above $30 may offer fresh boosts that could elevate the levels above $36. However, the token may witness a small pullback before rising above the range.&nbsp;</p>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfAHqGFD6Lo65whbwcNmxmhOOws1j0GDN3_PRURbWDWkK8IiQ3sUkhPlTxOvITIRHf4j2J7mfSPNtUyEtb2ZJ-SCyd-31gel9xKJjBFnEGUYtbQKwwabGnvMOLoyJCNBi0Dn29Itg?key=S3-xOEFHO0QhTVLFLN-epmcB" alt="">
</figure>   
<p>The stochastic RSI is about to undergo a bearish crossover after reaching the upper threshold, suggesting the token may undergo a price drain. Therefore, after slightly plunging to $30 or some levels below, it could trigger a notable rise in the price that could elevate the levels to $40. Besides, the volume has surged to some extent, signifying the rising volatility of the token. Therefore, the <a href="https://coinpedia.org/price-prediction/etc-ethereum-classic-price-prediction/" target="_blank" rel="noreferrer noopener">ETC price</a> is believed to maintain a healthy ascending trend until the end of the month, which may help it reach $50 in the first few days of December.&nbsp;</p>

Ethereum Name Service (ENS) & Ethereum Classic (ETC) Record Huge Gains—Which One Will Reach $50 First?

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