📊NEUTRAL: $ENS (1D)

#ENSUSD | #ENS | #EthereumNameService

Current Price $35.25

Market Cap $1.17B

Change 1h +1.40% | 24h +45.34%

Daily Indicators:

• RSI: 79 - Overbought 🟢

• MACD: 3.00 - Bullish 🟢

• EMA: 20 - Trading Above 🟢

Analysis:

ENSUSD has been cruising in a 1-year upward channel and recently spiked post the US elections. It's on track to challenge the upper trendline. Keep an eye on whether it breaks through or pulls back. The ongoing momentum suggests substantial buying interest.

Price Targets:

If it breaks out, the next target could be around $84.860. However, if it gets rejected, look for a drop back to approximately $23.850. Stay sharp; this could be a pivotal moment!