Ethereum Name Service (ENS) 153% Rally ‘Underway’, Analyst Says

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Ethereum Name Service (ENS) 153% Rally ‘Underway’, Analyst Says - NewsBTC

Quick Summary:

Related Reading: Is The US Emulating Germany? $4 Million Bitcoin Movement Raises Questions As Ethereum ETFs become more popular, they could lead to more demand for Ethereum-based assets, such as ENS, which would make it even more visible in the market.The price of ENS is $25.80 right now, and it’s worth $852 million on the market.

With a breakout holding and significant progress towards this target already taking place, the run to meet it can already be underway and another +153% from here… pic.twitter.com/sQWCVajAKC — JAVON⚡️MARKS (@JavonTM1) July 23, 2024 The market is once again feeling optimistic, which means that the price drop for ENS might not last long.

Ethereum Name Service: Market Sentiment Even though ENS lost 9% in the last 24 hours, the general direction for the altcoin remains positive.