#ENS
ENS coin's current price is around $14.21, with a 2.53% increase in the last 24 hours. Its market capitalization stands at $500.13 million. Here's a breakdown of its price analysis and prediction:
*Key Price Levels:*
- *Support Level:* $13.28 (bottom support)
- *Resistance Level:* $15.00 (first major uptrend resistance), $17.43 (next resistance level), and $31.50 (critical breakout target)
*Market Performance:*
- *24-hour change:* 2.53% increase
- *14-day Relative Strength Index (RSI):* 40.52 (neutral)
- *50-week moving average:* Recently reclaimed, indicating a solid bullish indicator
*Price Predictions:*
- *Short-term prediction:* Bearish sentiment based on technical price analysis, with a predicted price range of $18.4643-$18.6019 in the next few hours
- *Tomorrow's prediction:* $18.7168 (0.39% increase)
- *1-week prediction:* $21.0780 (13.06% increase)
- *Long-term prediction:* Potential to reach $50 by the end of 2024 or early 2025, driven by growing adoption of Web3 technologies and decentralized domains
- *Ultra-bullish scenario:* Potential to reach $75-$80, driven by renewed retail and institutional interest, Ethereum's growth above $5,000, and Layer 2 adoption
*Future Outlook:*
- *2025 predictions:* Price range of $55-$70, with potential for substantial growth
- *2026-2029 predictions:* Continued expansion, with predictions ranging from $80 to $500 ¹ ² ³ $ENS