Cryptoknowmics
2022-11-22 09:01:41

ENS Technical Analysis: ENS Struggles to Maintain Recovery Rally

According to ENS technical analysis of ENS, prices are struggling to sustain the reversal rally despite the 200-day SMA signals an uptrend in the market with RSI showing balance in the demand and supply. With a drop of 25.8% over the last 14 days triggered by a recent market crash following the collapse of the crypto exchange, FTX, Ethereum Name Service Token (ENS) has been consolidating between the range of $13 and $11, escaping from breaking below the psychologically important mark of $10 where ENS takes support at the moment. Failing to maintain the recovery momentum, ENS declined around 0.45% The post ENS Technical Analysis: ENS Struggles to Maintain Recovery Rally appeared first on Cryptoknowmics-Crypto News and Media Platform .

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