$13.61
+ $0.06 (0.43%)
End-of-day quote: 2022-10-25
ENS/USD

Is Ethereum Name Service on an upswing?

No, since October 25, 2022, Ethereum Name Service has been in a long-term downward trend and has decreased by -19.71 percent over that period. The 200-day line is currently 24.64 percent away from the current price. It is 12.42 percent away from the 100-day line and 19.73 percent away from the 50-day line.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Ethereum Name Service Forecast for 2023

Let's take a deeper look at the one-year forecast since it is the most precise of the analysts' forecasts.

Analysts had a wide range of forecasts for the Ethereum Name Service price over the next year. The most optimistic predicted a 12-month price target of $16.07, implying an 87 percent raise, while the worst-case scenario would be $12.26.

The most recent average price target for the next year is $13.94, and it's the most crucial.

That equates to a potential gain of 2.39 percent.

ENS - Relative Strength Forecast

Ethereum Name Service broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

ENS - Trend Prediction

ENS - Price Volatility Prediction

ENS - Relative Strength

ENS - Momentum Forecast

In we then see weak volatility for Ethereum Name Service for a longer period of time which led to negative signals for Ethereum Name Service.

What Does the Future Hold for Ethereum Name Service?

Ethereum Name Service's long-term prospects appear to be excellent. 4 analysts predicted that Ethereum Name Service would reach $14.61 by March 2025. The Ethereum Name Service price is expected to be $15.32 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $16.44.