Ethereum

bullish

Story

Ethereum Name Service

Ethereum Classic

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  <h3 class="wp-block-heading the-subtitle" id="story-highlights">Story Highlights</h3>   
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   <li>Ethereum price adds over 6% in 24 hours and currently has a market cap of $473.165 billion.</li>   
   <li>ETH-based altcoins record a similar price action with some recording a double-digit gain.</li>   
   <li>The bullish price pattern in the daily time frames highlights a potential breakout rally this month.</li> 
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  <p>As the Bitcoin price achieves its milestone of $100,000 during the early Asian trading hours today, the Ethereum price records a similar price action by retesting its target price of $4,000. This highlights an increase in the investor’s interest in it.</p>   
  <p>With ETH price on the path of achieving a new ATH next, is this the best time to buy these 3 Ethereum-based altcoins? In this article, we have covered the market sentiment and price analysis of the top 3 altcoins that have the potential to bag huge gains once the Ethereum token hits ATH!</p>   
  <h2 class="wp-block-heading" id="h-ethereum-classic-etc">Ethereum Classic (ETC)</h2>   
  <p>The ETC price has followed the market sentiment by adding over 100% to its valuation within the last 32 days. This highlights an increase in the bullish sentiment for the altcoin ahead of a potential altcoin season rally. Moreover, with its market cap of $5.635 billion, it has secured the 30th position.</p>   
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   <img src="https://image.coinpedia.org/wp-content/uploads/2024/12/05184042/Ethereum-Classic-Price-Analysis-05th-December-2024-1024x541.webp" alt="Ethereum Classic Price Analysis 05th December 2024" class="wp-image-389704">
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    TradingView: ETC/USDT
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  <p>The MACD indicator records a constant green histogram with its averages displaying a constant uptrend. Moreover, with its SMA supporting the ETC price chart, this altcoin highlights a strong bullish sentiment in the upcoming time.</p>   
  <p>If the bullish sentiment sustains, the Ethereum Classic price may record a new 52-week high and head toward its upper target price of $50. However, a bearish reversal could pull the price toward its low of $30 this month.</p>   
  <p>To find out when will ETC price hit $100? Read CoinPedia’s <a href="https://coinpedia.org/price-prediction/etc-ethereum-classic-price-prediction/" target="_blank" rel="noreferrer noopener">Ethereum Classic Price Prediction</a>!</p>   
  <h2 class="wp-block-heading" id="h-ethena-ena">Ethena (ENA)</h2>   
  <p>With a monthly surge of 176%, the Ethena price has formed an ascending channel pattern in its price chart. Notably, it has added 31.87% to its valuation over the last seven days and is currently exchanging hands at $0.9680 with a trading volume of $931.129 million.</p>   
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   <img src="https://image.coinpedia.org/wp-content/uploads/2024/12/05184109/Ethena-Price-Analysis-05th-December-2024-1024x545.webp" alt="Ethena Price Analysis 05th December 2024" class="wp-image-389706">
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    TradingView: ENA/USDT
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  <p>The EMA 50/200-day records a Golden Cross in the daily time frame with its RSI indicator breaching the overbought range in the ENA price chart. This suggests a strong positive price action for the 56th largest cryptocurrency this week.</p>   
  <p>A bullish breakout from its rising channel pattern could push the price of this altcoin toward its yearly high of $1.5. Conversely, if the bears outrun the bulls, the Ethena price may retest its support trendline of the channel pattern.</p>   
  <p>Curious to understand the possibilities of this altcoin achieving a new ATH? Read our <a href="https://coinpedia.org/price-prediction/ethena-ena-price-prediction/" target="_blank" rel="noreferrer noopener">Ethena Price Prediction</a> to uncover the mysteries!</p>   
  <h2 class="wp-block-heading" id="h-ethereum-name-service-ens">Ethereum Name Service (ENS)</h2>   
  <p>The ENS price has surged ~16% in the last seven days and 177.47% over the past month. This has resulted in it forming a bullish flag pattern in the 1D time frame. Moreover, with a market capitalization of $1.458 billion, it has secured the 92nd position in the global crypto market list.</p>   
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   <img src="https://image.coinpedia.org/wp-content/uploads/2024/12/05184127/Ethereum-Name-Service-Price-Analysis-05th-December-2024-1024x541.webp" alt="Ethereum Name Service Price Analysis 05th December 2024" class="wp-image-389707">
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    TradingView: ENS/USDT
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  <p>The Simple Moving Average (SMA) constantly supports the ENS price chart, whereas the MACD indicator records a constant decline in its green histogram. This indicates a mixed price sentiment for the altcoin in the cryptocurrency market.</p>   
  <p>Maintaining its price above its support level of $40 could set the stage for the Ethereum Name Service price to head toward its upper price target of $60. On the contrary, a trend reversal could pull the price toward its low of $35 this month.</p>   
  <p>Will the ENS price reach $100? Read <a href="https://coinpedia.org/price-prediction/ethereum-name-service-ens-price-prediction/" target="_blank" rel="noreferrer noopener">Ethereum Name Service Price Prediction</a> until 2030 to uncover the long-term price sentiments!</p>   
  <h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
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    <strong class="schema-faq-question"><strong>Where will Ethereum Classic be in 5 years?</strong></strong> 
    <p class="schema-faq-answer">Amid a strong bullish price action and increased adoption, the ETC price may reach a high of ~$120 by 2029.</p> 
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   <div class="schema-faq-section" id="faq-question-1733403974144">
    <strong class="schema-faq-question"><strong>Is Ethena coin a good investment?</strong></strong> 
    <p class="schema-faq-answer">With a monthly return of ~190%, this altcoin has come under the limelight and radar of top investors and whales, making it a good long-term investment.</p> 
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    <strong class="schema-faq-question"><strong>What is the ENS price?</strong></strong> 
    <p class="schema-faq-answer">The Ethereum Name Service price is exchanging hands at $43.37 with a 24-hour trading volume of $1.119 billion.</p> 
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Ethereum Price Retests $4k, These ETH-based Altcoins To Rally Next?

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