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Cryptopolitan 2025-01-09 03:30:32

Ethereum Name Service price prediction 2025-2031: Is ENS a good investment?

Key takeaways Ethereum Name Service price prediction suggests a peak price of $40.92 in 2025. By 2028, ENS could see significant growth, with predictions suggesting a potential maximum price of $157.81. ENS could achieve its highest price yet, reaching up to $256.44 by 2031. Ethereum Name Service is a network that allows crypto-enthusiasts to rename their crypto addresses into something simpler, making them easier to remember. 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 and hitting an ATH of $85.69. As the adoption of decentralized identities and Web3 technology continues to grow, ENS continues to position itself as a key player in this transformative space. How will this affect investors’ perceptions of the Ethereum Name Service (ENS) token? Will ENS go up? How high can ENS go? Will ENS recapture its ATH soon? Let’s get into the Ethereum Name Service price prediction for 2025-2031. Overview Cryptocurrency Ethereum Name Service Token ENS Price $32.45 Market Cap $1,153,113,307.64 Trading Volume $204,959,217.68 Circulating Supply 34,357,630.51 ENS All-time High $85.69, Nov 11, 2021 All-time Low $6.70, Oct 19, 2023 24-h High $34.00 24-h Low $32.00 Ethereum Name Service technical analysis Metric Value Price Prediction (February 7) $105.40 (228.10%) Volatility (30-day Volatility) 37.45% 50-Day SMA $34.57 14-Day RSI 46.39 Sentiment Bearish Fear & Greed Index 70 (Greed) Green Days 16/30 (53%) 200-Day SMA $24.06 Ethereum Name Service price analysis: Bears remain in control of the market TL;DR Breakdown Ethereum Name Service’s price analysis shows a bearish trend. A breakout above $34.91 could renew bulls’ interest. The resistance for ENS is present at $37.11. The ENS price analysis for January 9 shows a recent decline, indicating bearish pressure after initial upsides. The resistance level is near $37.11, where selling pressure has been observed, while support is identified around $32.00, providing a potential rebound zone. The movement reflects a short-term downward trend, with traders watching for a breakout above resistance or further dips toward support to determine the next direction. Ethereum Name Service 1-day price chart: Will ENS see renewed bullish momentum soon? The Ethereum Name Service (ENS) chart shows a bearish trend, with the current price of $32.51 trading below the 20-day SMA of $34.91, indicating weakened bullish momentum. Recent price corrections from highs above $48 in mid-December reflect profit-taking and high volatility. ENS to see renewed bullish momentum soon? The RSI at 43.02 suggests neutral to mildly oversold conditions. Another indicator, the MACD, shows a bearish crossover with a negative histogram, signaling limited buying momentum but hinting at a slowdown in selling pressure. A breakout above $34.91 could signal renewed bullish momentum, while a drop below $30 might lead to stronger support levels around $28. ENS/USD 4-hour price chart analysis: ENS struggles as bear pressure intensifies The Ethereum Name Service (ENS) 4-hour chart shows the price struggling at $32.29, hovering just above the Chande Kroll Stop-long level of $32.00, which highlights bearish pressure. The Chaikin Money Flow (CMF) at -0.12 suggests sellers are slightly stronger, with limited buying activity in the market. ENS/USD 4-hour price chart analysis Similarly, the Balance of Power at -0.11 points to bears having the upper hand, but not overwhelmingly so. To regain momentum, ENS needs to break above $37.11. Until then, the market remains under pressure, and further downsides or consolidation can be expected. ENS technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $41.00 SELL SMA 5 $40.43 SELL SMA 10 $35.64 SELL SMA 21 $35.75 SELL SMA 50 $34.57 SELL SMA 100 $25.97 BUY SMA 200 $24.06 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $37.23 SELL EMA 5 $38.56 SELL EMA 10 $39.68 SELL EMA 21 $38.12 SELL EMA 50 $31.90 BUY EMA 100 $26.87 BUY EMA 200 $23.50 BUY What to expect from ENS? Ethereum Name Service (ENS) is currently under bearish pressure, with the price near the critical support level of $32.00. A drop below this could push the price toward $28, while a breakout above $37.11 could signal a bullish recovery. 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 $124.93 by 2027. This implies that reaching $100 is plausible within the next few years, driven by positive market trends and increasing adoption. Will ENS reach $500? Forecasts for ENS indicate significant growth potential over the coming years. However, attaining $500, while attainable, might not happen anytime soon. 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 $250 by 2031. This indicates a positive outlook for ENS, supported by ongoing market developments and growing investor interest. Recent news/opinion on Ethereum Name Service ENS partners with LinearBuild to build a layer 2 solution that scales permissionless user profiles, decentralized website hosting, and DNS interoperability. Big news from ENS Labs🚀 We’ve officially partnered with @LineaBuild to build Namechain, our Layer 2 solution for scaling ENS to the next level. Here’s why this matters for decentralized identity and the future of ENS 👇🧵 pic.twitter.com/LqDMmZW7YS — ens.eth (@ensdomains) December 17, 2024 Ethereum Name Service price prediction January 2025 In January 2025, Ethereum Name Service (ENS) is expected to see a minimum price of $27.54 and an average price of $33.98. The maximum predicted price for ENS is $40.92. Month Minimum Price Average Price Maximum Price December $27.54 $33.98 $40.92 Ethereum Name Service price prediction 2025 Ethereum Name Service (ENS) forecast for 2025 suggests a minimum price of $39.45 and an average price of $49.31. The maximum price for ENS could reach $59.18. Year Minimum Price Average Price Maximum Price 2025 $39.45 $59.31 $79.18 Ethereum Name Service price predictions 2026 – 2031 Year Minimum price Average price Maximum price 2026 $72.33 $82.19 $92.05 2027 $105.20 $115.07 $124.93 2028 $138.08 $147.94 $157.81 2029 $170.96 $180.82 $190.68 2030 $203.83 $213.70 $223.56 2031 $236.71 $246.57 $256.44 Ethereum Name Service price prediction 2026 In 2026, Ethereum Name Service price prediction is projected to experience significant growth. The maximum forecasted price is $92.05, with an expected average trading price of $82.19 and a minimum of $72.33. Ethereum Name Service price prediction 2027 The Ethereum Name Service price forecast for 2027 projects a peak price of $124.93. The average price is projected to stabilize around $115.07, with the minimum price being $105.20. Ethereum Name Service price prediction 2028 In 2028, Ethereum Name Service is expected to reach a minimum price of $138.08, a maximum price of $157.81, and an average value of $147.94. Ethereum Name Service price prediction 2029 The price of Ethereum Name Service is expected to reach a minimum level of $170.96 in 2029. Traders can expect a maximum level of $190.68 and an average price of $180.82. Ethereum Name Service price prediction 2030 Ethereum Name Service’s price for 2030 suggests a minimum of $203.83. According to expert analysis, ENS could reach a maximum possible level of $223.56 and an average price of $213.70. Ethereum Name Service price prediction 2031 In 2031, the price of Ethereum Name Service is forecasted to be around a minimum value of $236.71. Ethereum Name Service (ENS) can reach a maximum price of $256.44 and an average trading value of $246.57. Ethereum Name Service price prediction 2025 – 203 1 Ethereum Name Service market price prediction: Analysts’ ENS price forecast Firm Name 2025 2026 Gate.io $48.36 $49.70 CoinCu $105.80 $233.79 Digitalcoinprice $70.94 $84.05 Cryptopolitan’s Ethereum Name Service (ENS) price prediction Cryptopolitan’s overall Ethereum Name Service price predictions present a promising outlook through 2031. ENS is expected to experience substantial growth, with 2025 projections showing a peak of about $55 (exceeding December 2024 highs) and prices continuing to rise to a maximum of $220 by 2031. 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, driven by 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, and rebounded to $25.85 in May. It peaked at $31.06 in July, reached $21.1 in September, and is currently trading between $17.18 and $18.88 in October. In November, ENS hit a peak price of $46.76. By mid-December, the coin reached a high of $50.22 and closed the year at $32.96. ENS has been quite stable at the start of 2025, maintaining a trading range of $31 to $39.

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