Key takeaways Ethereum Name Service price prediction suggests a peak price of $20.82 in 2024. By 2027, ENS could see significant growth, with predictions suggesting a potential maximum price of $66.85. ENS could achieve its highest price yet, reaching up to $196.56 by 2030. Ethereum Name Service is a network that allows crypto-enthusiasts to rename their crypto addresses into something more uncomplicated for them to remember easily. Renaming crypto addresses through ENS will enable users to recollect and write them quickly. Even though Ethereum Name Service is based on the Ethereum blockchain, it uses its cryptocurrency, ENS. ENS is used for governance purposes on the blockchain network. Users can also send and receive any cryptocurrency with the system’s wallet. The price of ENS has experienced ups and downs since it launched on the market, dropping to as low as $6.7, hitting an ATH of $85.69, and currently trading below $30. How high can ENS go? Will ENS recapture its ATH soon? Overview Cryptocurrency Ethereum Name Service Token ENS Price $33.43 Market Cap $565,463,529 Trading Volume $38,614,372 Circulating Supply 33,131,124 All-time High $85.69, Nov 11, 2021 All-time Low $6.70, Oct 19, 2023 24-h High $36.10 24-h Low $32.85 Ethereum Name Service technical analysis Metric Value Price Prediction $56.07 (228.95%) Volatility 6.80% 50-Day SMA $18.66 14-Day RSI 42.94 Sentiment Bearish Fear & Greed Index 49 (Neutral) Green Days 16/30 (53%) 200-Day SMA $21.81 Ethereum Name Service price analysis: ENS experiences bearish momentum with declining prices TL;DR Breakdown Ethereum Name Service’s price analysis shows a bearish trend. ENS sees a 1.90% loss as at the time of writing. ENS price seeks resistance at $36.10. The price analysis of ENS (Ethereum Name Service) on November 29 demonstrates a bearish trend. The price starts at $34.16 and shows initial attempts to rise, reaching a peak above $36.00. However, it quickly reverses, with consistent downward movement throughout the trading period. The price declines to $33.30 at the time of writing, reflecting a loss of momentum and bearish dominance. The sustained lower highs and lower lows indicate selling pressure dominating the market. Ethereum Name Service 1-day price chart: ENS faces a downtrend as sellers dominate the market The 1-day price analysis of Ethereum Name Service (ENS), the price is currently experiencing a decline, dropping by 1.90% to $33.43. The overall trend has been bearish over recent days, with strong selling pressure keeping the price below the $30 mark. The price has shown slight attempts to recover but remains on a downward trajectory. ENS faces a downtrend as sellers dominate the market The RSI is at 70.91, which is above the overbought threshold of 70. This indicates that ENS is likely experiencing strong bullish momentum. The CMF value is at -0.18, which indicates a bearish flow of capital. Despite the recent price surge, the negative CMF suggests that selling pressure may still outweigh buying pressure, possibly pointing to cautious market sentiment. ENS 4-hour price analysis: Bearish dynamics dip to $33.43 In the 4-hour Ethereum Name Service (ENS) price analysis, the price has declined with the token trading at $33.43. The market has experienced a dip after reaching a high of $34.44, with sellers currently dominating. Bearish dynamics dip to $33.43 The indicators show that the RSI is at 65.38, suggesting that the market is in a neutral zone. The Chaikin Money Flow (CMF) is at -0.06, signaling that there is an outflow of capital, meaning selling pressure is stronger than buying pressure. ENS technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $17.18 SELL SMA 5 $17.18 SELL SMA 10 $18.63 SELL SMA 21 $18.82 SELL SMA 50 $18.66 SELL SMA 100 $21.24 SELL SMA 200 $21.81 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $18.13 SELL EMA 5 $18.20 SELL EMA 10 $18.47 SELL EMA 21 $19.45 SELL EMA 50 $21.42 SELL EMA 100 $21.87 SELL EMA 200 $20.51 SELL What to expect from ENS? The overall trend for Ethereum Name Service (ENS) is bearish on both time frames. The price has been steadily dropping, moving to around $33.43, showing a persistent decline. While there have been brief periods of slight recovery, the general movement points downward, indicating ongoing sell pressure and a lack of strong buyer support. The sustained downtrend suggests that ENS is struggling to gain upward momentum, with the market sentiment leaning negative. Is ENS a good investment? Ethereum Name Service (ENS) can be a good investment if you believe in the long-term potential of decentralized domain names and the growing adoption of blockchain technology. ENS offers a unique utility by allowing users to register human-readable names for Ethereum addresses, which simplifies transactions and interactions within the Ethereum ecosystem. Its value could increase as more users and businesses adopt decentralized web services. Will ENS recover? The ENS price has experienced a sharp drop followed by a gradual recovery, indicating some resilience in the market. While there has been a rebound from the low, whether ENS will fully recover depends on continued buying interest and broader market conditions. Will ENS reach $100? Forecasts for ENS indicate significant growth potential over the coming years, with the price projected to reach $114.15 by 2029. This implies that reaching $100 is plausible within the next few years, driven by positive market trends and increasing adoption. Will ENS reach $500? Reaching $500 would require a substantial increase beyond current forecasts, which suggest a maximum price of $196.56 by 2030. While this is an ambitious target, it would necessitate exceptional market performance and broader adoption for ENS to achieve such a high valuation. Does ENS have a good long-term future? Ethereum Name Service (ENS) shows a strong long-term potential based on current predictions. The price is expected to increase significantly over the next several years, with forecasts extending up to $196.56 by 2030. This indicates a positive outlook for ENS, supported by ongoing market developments and growing investor interest. Recent news/opinion on Ethereum Name Service ENS introduces an open-source grants manager for any ecosystem ENS DAO just introduced an open-source grants manager live at #frENSday ! 🔥 https://t.co/DIAfYyKPxm pic.twitter.com/wyl2kUpjxk — ens.eth (@ensdomains) November 11, 2024 ENS Labs is developing Namechain, a Layer 2 rollup network, aiming for a 2025 launch. It seeks to make ENS more affordable and accessible across Layer 2 networks. 🔊 Announcing: Namechain by @ensdomains , a purpose-built Layer 2 solution. This is the next evolution in ENS and part of the larger ENSv2 direction. By dramatically reducing costs, improving performance, and providing a familiar Ethereum developer experience our hope is to… https://t.co/HdLRfRZjsg pic.twitter.com/U7Z6CZV8rR — Katherine Wu (@katherineykwu) November 11, 2024 Ethereum Name Service price prediction November 2024 In November 2024, Ethereum Name Service (ENS) is expected to see a minimum price of $16.58 and an average price of $21.08. The maximum predicted price for ENS is $38.32. Month Minimum Price Average Price Maximum Price November $16.58 $21.08 $38.32 Ethereum Name Service price prediction 2024 Ethereum Name Service (ENS) forecast for 2024 suggests a minimum price of $18.48 and an average price of $19.18. The maximum price for ENS could reach $20.82. Year Minimum Price Average Price Maximum Price 2024 $18.48 $19.18 $20.82 Ethereum Name Service price predictions 2025 – 2030 Year Minimum Price Average Price Maximum Price 2025 $26.11 $27.06 $32.31 2026 $38.24 $39.32 $44.50 2027 $56.68 $58.25 $66.85 2028 $80.10 $83.01 $98.42 2029 $114.15 $118.30 $139.76 2030 $156.26 $162.17 $196.56 Ethereum Name Service price prediction 2025 In 2025, the price of Ethereum Name Service is forecasted to be around a minimum value of $26.11. Ethereum Name Service (ENS) can reach a maximum price of $32.31 and an average trading value of $27.06. Ethereum Name Service price prediction 2026 In 2026, Ethereum Name Service price prediction is projected to experience significant growth. The maximum forecasted price is $44.50, with an expected average trading price of $39.32 and a minimum of $38.24. Ethereum Name Service price prediction 2027 The Ethereum Name Service price forecast for 2027 projects a peak price of $66.85. The average price is projected to stabilize around $58.25, with the minimum price being $56.68. Ethereum Name Service price prediction 2028 In 2028, Ethereum Name Service is expected to reach a minimum price of $80.10, a maximum price of $98.42, and an average value of $83.01. Ethereum Name Service price prediction 2029 The price of Ethereum Name Service is expected to reach a minimum level of $114.15 in 2029. Traders can expect a maximum level of $139.76 and an average price of $118.30. Ethereum Name Service price prediction 2030 Ethereum Name Service price for 2030 suggests a minimum price of $156.26. As per expert analysis, ENS could reach a maximum possible level of $196.56 and an average price of $162.72. ENS price prediction 2024-2030 Ethereum Name Service market price prediction: Analysts’ ENS price forecast Firm Name 2024 2025 Gate.io $28.29 $32.29 CoinCu $226.49 $377.48 Digitalcoinprice $33.23 $39.25 Cryptopolitan’s Ethereum Name Service (ENS) price prediction Cryptopolitan’s overall Ethereum Name Service price predictions present a promising outlook through 2030. ENS is expected to experience substantial growth, with 2025 projections showing a peak of $32.31 and prices continuing to rise to a maximum of $196.56 by 2030. Ethereum Name Service historic price sentiment ENS price history ⏐ Source: Coinmarketcap ENS started at $10.75 in January 2022, peaked at $15.21 in March, then declined to $9.28 by June. The price stabilized around $8.01 in September and rebounded to $10.75 by December. In early 2023, ENS rose sharply from $15.90 to $22.41 in March with high trading volumes. It then dropped to $9.28 by June and saw a modest recovery to $9.67 by December. By 2024, ENS surged to $30.69 by March, fell to $14.60 in April, then rebounded to $25.85 in May. It peaked at $31.06 in July, reached $21.1 in September, and currently trading between $17.18 – $18.88 in October. In November ENS is currently trading between $32.88-$31.60 range.
