ENS
Long Entry Signal for ENS/USDT Based on the daily chart for ENSUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
ENS Bulls Eyeing a Breakout—Can They Push Through?Yello, Paradisers! Is #ENS finally shaking off the selling pressure and preparing for a breakout? The price action suggests something big could be brewing!
💎#ENSUSDT is currently forming an ascending triangle pattern after a major correction—this is a sign that sellers are losing their grip, and momentum might soon shift in favor of the bulls. But the real battle is just ahead…
💎The critical breakout level stands at $28.80, with the pattern neckline resistance between $28.20 to $28.80 levels. A strong move above this zone would open the doors for a rally towards the moderate resistance at $30.05–$30.45. However, this region is no joke—it’s a challenging zone where bulls will need to prove their strength.
💎If buyers successfully break and hold above the challenging zone, ENS could confirm the bullish structure and push towards $33.50–$34.20 as the first key target. Expect some profit-taking around this level, but if momentum remains intact, the final pattern target of $37–$38 could be in play—right in line with historically strong resistance zones.
💎On the downside, ENS has reliable support at $26.60, with ascending support between $26.00 and $25.80. These levels should absorb selling pressure in case of a pullback. Below that, a strong base support at $24.40–$24.00 is developing—which is turning the tides in favor of bulls.
Paradisers, as always, patience and precision are key in this market. This isn’t a time for reckless trades—let the levels guide you, trade strategically, and stay disciplined.
MyCryptoParadise
iFeel the success🌴
(ENS) ethereum name service - "year of the dragon"The year of the dragon belonged to none other than Ethereum Name Service (ENS). Based on the looks of the chart the graph moved like a dragon and is shaped like a dragon so that is why I am giving ENS the award of the crypto of the year, crypto of 'The Year of The Dragon." What will 2025 unfold. This award is not an award for the best cryptocurrency in cryptocurrency so much as an award in correlation with the fragments and pieces of social culture and the activities people tend to follow and carry with them through their days, months, and even years.
Ethereum Name Service #ENS leverage on ETH (if we are lucky ofc)
The network is pretty much unusable right now for regular people.
A Rich man's chain.
Either way the ENS chart presents a potential inverse head and shoulders
that has a large log target reaching back to previous high's makes sense to me.
$ENS :: Where is the floor and ceiling?Hello to all the friends watching this analysis.
I hope the turbulent state of the crypto market suits you.
Next, we intend to discuss the pattern we estimate for the peak and trough of BINANCE:ENSUSDT as well as its potential highs and lows.
What currently dominates the market is selling pressure, and the overall market is in a state of greed.
It seems the market needs to cool off a bit and enter a state of fear for institutional investors to find it attractive to buy again.
From the overall trends in this chart, it can be observed that market whales are slowly taking profits.
It appears that for about one to two months, we will be in a range-bound situation within a 30% margin, and after that, a sudden drop will occur, bringing us down to around $22.
It seems that the bottom we can consider for this correction is $22, and from there we will move towards $60 or even higher.
So, the best strategy I can have is to buy at significant levels like $29 and $22.
Selling is also suitable at levels between $40 and $60.
This analysis is based solely on the chart and is completely personal; it is not a suggestion for you.
I am your friend. Please write your comments below this analysis.
Ethereum Name Service Launches Namechain on Linea’s zkEVMThe Ethereum Name Service ( NYSE:ENS ), a pioneer in decentralized identity and blockchain-based naming systems, is taking a bold step forward with the launch of Namechain, its own Layer 2 (L2) solution. Powered by Linea’s zkEVM technology, Namechain is poised to revolutionize blockchain address management, offering enhanced scalability, reduced costs, and expanded functionality for the Web3 ecosystem.
Why Namechain and Why Now?
NYSE:ENS has long been at the forefront of simplifying blockchain interactions. By converting complex Ethereum addresses into human-readable names like "john.eth," ENS has made the decentralized web more accessible. However, as the protocol has grown to support decentralized identity, user profiles, website hosting, and DNS interoperability, the need for a more scalable infrastructure has become evident.
Enter Namechain – a strategic response to these challenges. Built on Linea’s zkEVM, Namechain combines cutting-edge technology with ENS’s robust naming protocol to deliver unparalleled performance.
Technical Foundations: Why Linea?
The decision to build Namechain on Linea’s zkEVM followed a rigorous evaluation by ENS Labs. Two standout features of Linea made it the ideal choice:
1. Type 2 zkEVM Compatibility: Linea’s zkEVM ensures seamless bytecode compatibility with Ethereum, enabling the reuse of existing smart contracts and tooling without modifications.
2. High-Performance Prover: Linea’s rollup architecture offers fast state confirmation, ensuring reliable and efficient name resolution.
Moreover, Linea’s multi-client compatibility with Ethereum execution clients like Geth and Besu enhances ecosystem resilience, ensuring robust infrastructure for ENS’s evolving needs.
Proven Collaboration and Ecosystem Benefits
ENS and Linea share a strong history of collaboration. Notably, Linea was the first L2 team to implement CCIP-Read (ERC-3668), enabling decentralized cross-chain name resolution for over 530,000 linea.eth subnames. This partnership validated ENS’s L2 integration capabilities and demonstrated Linea’s technical prowess.
The move to L2 addresses several key challenges:
- Higher Throughput: Increased transaction capacity enables faster registration and renewals.
- Cost Efficiency: Significantly lower fees make ENS services accessible to a broader audience.
- Extensibility: Advanced naming features and complex resolution logic become feasible on L2.
Namechain’s Impact on Decentralized Identity
ENS’s role extends beyond address resolution; it underpins decentralized identity across Web3. Namechain amplifies this mission by offering a scalable solution that supports:
- Permissionless User Profiles: Enabling decentralized identity systems to flourish.
- Decentralized Hosting: Facilitating censorship-resistant websites.
- DNS Interoperability: Bridging traditional and blockchain-based naming systems.
Market and Technical Outlook for NYSE:ENS
Despite the groundbreaking announcement, NYSE:ENS is currently trading at $42.17, down 2.17% in the last 24 hours, with a market cap of $1.48 billion. Technical indicators suggest a potential bullish reversal:
- RSI at 48: Indicates steady momentum.
- Key Resistance Level: A breakout above the 1-month high of $50 could confirm a bullish reversal pattern.
Fundamentally, the launch of Namechain positions ENS as a critical player in the evolution of decentralized identity, aligning with the growing demand for scalable and efficient blockchain solutions.
A Vision for the Future
The partnership between ENS and Linea represents a significant leap forward in blockchain technology and decentralized identity. By combining ENS’s innovative naming protocol with Linea’s advanced zkEVM architecture, Namechain promises to set new standards in scalability, cost-efficiency, and functionality.
ENS Labs invites the broader technical community to participate in this journey through open-source contributions and feedback. Together, they aim to shape the future of decentralized identity and blockchain-based naming systems, paving the way for a more intuitive and accessible internet.
About Ethereum Name Service (ENS)
ENS is a distributed, open naming system built on Ethereum. It simplifies blockchain interactions by converting machine-readable addresses into human-readable names. With its decentralized and extensible framework, ENS is a cornerstone of the Web3 ecosystem, driving adoption and innovation in blockchain technology.
TradeCityPro | ENS : Navigating Critical Levels👋 Welcome to TradeCityPro!
In this analysis, I’ll evaluate ENS across the daily and 4-hour timeframes. This Web3 project offers an innovative service allowing users to purchase wallet domains, making it a standout in its sector.
📅 Daily Timeframe: Pullback to the Critical Zone
On the daily timeframe, ENS has been trading within a broad range since early 2024, oscillating between $12.44 and $32. Despite the large range and significant price volatility, the market hasn’t established a clear trend, repeatedly moving from the bottom to the top of this box.
📈 Recently, alongside Bitcoin’s ATH breakout, ENS broke through the $20.92 resistance, which marked the Medium Wave Cycle resistance. This breakout introduced strong bullish momentum, leading to the price surpassing the $32 resistance as well. After breaking this level, the price retraced to $32 for a pullback and is now preparing for another upward movement.
✨ The next significant resistance for ENS is $47.96, a level previously tested once before. Currently, the price is approaching this zone for a second test. Despite the negative divergence observed in the RSI and trading volume, this is typical in high-momentum uptrends. A successful breakout of $47.96 could propel the price toward the ATH at $77.99.
🔽 In case of a pullback, the $32 zone remains critical support, already tested once. For deeper corrections, the $20.92 level is the next important zone, and losing this level would entirely erode the bullish momentum, pushing the price toward $15.83 and potentially $12.44.
✅ The range between $12.44 and $15.83 represents a key demand zone, which could act as a significant barrier against further declines. For deeper corrections, the first RSI trigger would be a breakdown below 54.66.
⏳ 4-Hour Timeframe: Futures Triggers
In the 4-hour timeframe, I’ll focus specifically on futures triggers, as the main scenarios were detailed in the daily timeframe.
🔼 A breakout above $48.59 provides a suitable long entry. Defining precise targets in advance is challenging, as potential targets come from historical price levels. It’s better to wait for the price to establish a new structure and use that to identify subsequent resistance levels.
📉 A breakdown below $40.96 is a highly risky short entry, with low confidence in hitting the target. However, if a deep correction begins, this trigger could yield significant profits.Additional support levels include $32.86, $25.65, and $21.36. Breaking each of these could activate further short triggers, but for now, all short setups carry significant risk, as the market hasn’t confirmed a trend reversal.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
Ethereum Name Service ($ENS) Partners with Ubisoft Coin Surge 10The Ethereum Name Service ( NYSE:ENS ) has captured attention once again, surging 10% following a groundbreaking partnership with Ubisoft. This collaboration aims to integrate ENS subdomains into Ubisoft’s identity card system for the Captain Laserhawk universe, merging Web3 innovation with immersive gaming experiences.
About Ethereum Name Service (ENS)
ENS is a decentralized naming system on the Ethereum blockchain, translating complex wallet addresses into simple, human-readable names like *john.eth*. It revolutionizes the way users interact with blockchain technology, making it as seamless as accessing websites via traditional domain names. Beyond usability, ENS enables ownership of digital identities and supports Soulbound Tokens (SBT) and Real-World Asset (RWA) tokenization, solidifying its role in the decentralized identity space.
Since its launch, ENS has built a robust reputation, supported by its November 2021 retroactive airdrop, and now ranks among the top Ethereum-based projects.
The Ubisoft Partnership
Ubisoft, a global leader in gaming, recently unveiled a project inspired by its popular **Captain Laserhawk animated series**, collaborating with Magic Eden to expand blockchain gaming horizons. Through this partnership, ENS subdomains will power the identity system in the Captain Laserhawk universe, merging the blockchain ecosystem with the gaming world.
This move highlights the growing convergence of blockchain and gaming, as well as ENS's critical role in facilitating seamless integration.
Market Reaction
The announcement fueled NYSE:ENS ’s rally, pushing its price to $44.29 with an 8.11% daily gain. Over the past four days, NYSE:ENS has surged by 45%, recovering from its recent low of $30.33. With trading volumes exceeding $813M in the last 24 hours, the momentum shows no signs of slowing down.
Technical Outlook
On the charts, NYSE:ENS is exhibiting signs of bullish continuation:
- Support Level: In case of a pullback, the 38.2% Fibonacci retracement level near $40 could act as a strong support zone.
- Resistance Level: Persistent bullish pressure could push NYSE:ENS to test the $50 resistance level, marking a significant psychological and technical milestone.
- Relative Strength Index (RSI): The RSI indicates room for further growth, reinforcing the possibility of a sustained uptrend.
Why This Matters
This partnership underscores ENS’s growing relevance in bridging Web3 with mainstream industries like gaming. The ability to seamlessly integrate ENS subdomains into complex ecosystems like Ubisoft’s highlights its adaptability and potential for widespread adoption.
As the gaming industry embraces blockchain solutions, NYSE:ENS is positioned as a vital component of this evolution, offering decentralized identity management that is both scalable and user-friendly.
Looking Ahead
With a $1.55B market cap and an ever-expanding ecosystem, ENS continues to lead in decentralized naming services. Its partnership with Ubisoft not only boosts its fundamental value but also opens doors to new applications in gaming and beyond.
Should bullish momentum persist, NYSE:ENS could break past $50, further solidifying its position as a key player in the blockchain and gaming spaces. Investors and enthusiasts alike will be watching closely as ENS continues to push the boundaries of decentralized identity and integration.
ENSUSDT - Monthly Bull RSI I'm very bullish on ENSUSD and think the RSI on this Monthly timeframe will extend into the overbought zone.
This is when I suggest a sell is a good idea on a Monthly timeframe.
I think its more likely that the RSI will extend upwards rather than move downwards during this strong bull market, even on the Monthly timeframe
was that it for ENS? seems like itIt hit a major resistance and the second weekly seems to have rejected from the resistance instead of going higher. Seems ENS is not just ready yet. Back towards the yellow support line. Will reassess where to later.
This is not a high confidence expected move. The weekly candle could also be considered as consolidation below resistance and go higher. Just seems a bit less likely
ENS showing a stunning Regular-Flat🚀 #ENS @ensdomainsis showing a stunning Regular-Flat (a,b,c) structure 😍
There’s a slight bullish divergence on the MACD between the two tops (🟠).
But on the MACD (⬜️) we can see that the correction is done.
Looking for to reach at least $23, then aiming for the top! 💸