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Ethereum Name Service is Trading 35.06% Above Our Price Prediction for Jun 02, 2025

Ethereum Name Service is Trading 35.06% Above Our Price Prediction for Jun 02, 2025 WikiBit 2025-05-30 04:53

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content

  • Ethereum Name Service is up 5.69% today against the US Dollar
  • ENS/BTC increased by 6.40% today
  • ENS/ETH increased by 5.38% today
  • Ethereum Name Service is currently trading 35.06% above our prediction on Jun 02, 2025
  • Ethereum Name Service gained 29.90% in the last month and is down -9.36% since 1 year ago
Ethereum Name Service price$ 23.88
Ethereum Name Service prediction$ 17.68
Sentiment
Fear & Greed index
Key support levels$ 21.74, $ 20.61, $ 19.75
Key resistance levels$ 23.74, $ 24.60, $ 25.73

ENS price is expected to drop by -23.33% in the next 5 days according to our Ethereum Name Service price prediction

is trading at $ 23.88 after gaining 5.69% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 5.69% in the same time period. ENS performed well against BTC today and recorded a 6.40% gain against the worlds largest cryptocurrency.

According to our Ethereum Name Service price prediction, ENS is expected to reach a price of $ 17.68 by Jun 02, 2025. This would represent a -23.33% price decrease 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 positive trend recently, as the coin gained 29.90% in the last 30-days. The medium-term trend for Ethereum Name Service has been bullish, with ENS increasing by 5.32% in the last 3 months. The long-term picture for Ethereum Name Service has been negative, as ENS is currently displaying a -9.36% 1-year price change. On this day last year, ENS was trading at $ 26.35.

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 $ 50.11, while the cycle low is at $ 6.69. ENS has been displaying high volatility recently – the 1-month volatility of the coin is at 10.19. Ethereum Name Service recorded 18 green days in the last 30 days.

Ethereum Name Service technical analysis for today – May 28, 2025

The sentiment in the Ethereum Name Service markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 21.74, $ 20.61 and $ 19.75, while $ 23.74, $ 24.60 and $ 25.73 are the key resistance levels.

Bullish sentiment for Ethereum Name Service

26 indicators are currently signaling a bullish prediction for Ethereum Name Service, while 2 indicators are showing a bearish forecast. With 93% of indicators favoring a positive prediction. This results in an overall sentiment for Ethereum Name Service.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at , which signals that investors have a positive outlook on the market.

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.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 19.60$ 20.97
MA5$ 21.15$ 19.58
MA10$ 22.03$ 17.88
MA21$ 22.47$ 17.21$ 0.038748$ 21.52
MA50$ 19.27$ 19.10$ 2.37$ 21.78
MA100$ 19.34$ 22.17$ 6.26$ 17.58
MA200$ 21.64$ 23.58
PeriodValueAction
RSI (14)58.59
Stoch RSI (14)13.06
Stochastic Fast (14)35.03
Commodity Channel Index (20)-66.67
Average Directional Index (14)29.37
Awesome Oscillator (5, 34)2.01
Momentum (10)-0.34
MACD (12, 26)-0.29
Williams Percent Range (14)-64.97
Ultimate Oscillator (7, 14, 28)47.74
VWMA (10)22.45
Hull Moving Average (9)22.74
Ichimoku Cloud B/L (9, 26, 52, 26)20.97

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 58.59, 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 below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline thats calculated by taking an average of the ENS closing price for the last 200 days. ENS is now trading below the SMA 200, signaling that the market is currently bearish.

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 . ENS would have to decrease by -23.33% to hit our $ 17.68 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:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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