The ENS technical analysis shows a double-bottom breakout rally gaining Momentum after a retest, highlighting a buying opportunity. Despite a 10% drop on 8th October, the ENS prices shot up by 24% in the last three days, creating a streak of bullish candles. With a 13% jump yesterday, a bullish engulfing candle sabotages the drop of 8th October and projects a high likelihood of an uptrend to the $23 mark. Key Points: Rising 50-day EMA teases a golden crossover. The spike in buying pressure avoids a bearish crossover of the MACD and signal lines. The intraday trading volume in Ethereum The post ENS Technical Analysis: Buying Spree Shoots Prices Above 200 DEMA appeared first on Cryptoknowmics-Crypto News and Media Platform.
