WILL THERE BE A POSSIBLE SWING OR ANOTHER PRICE ACTION?
Therefore, you're in the proper place if you're searching for a thorough analysis of $ENS.
This is the reason.
Since this year's January markup, ENS has been staying inside its monthly range. This turned into a good market environment for swing, position, and intraday traders. Every daily market open and close that was easy to read allowed intraday traders to gain profits. Swing traders were able to wait with assurance for each market swing to finish. Because the market is still in its markup period, position traders were allowed to keep starting more buys and doing some partial selloffs. Many traders are currently speculating about what ENS might do next.
This is how we, for one, are viewing it.
Although ENS is still in its markup phase, it has already built a solid base above the significant resistances that were just breached in 2022 and 2023. This indicates when stronger buying pressure appears. It is reasonable to predict that the price will continue to increase.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
