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Айеша

07/24 10:26

ENS traders cautious as shorts outpace longs: Is a

ENS traders cautious as shorts outpace longs: Is a downside ahead?

Ethereum Name Service [ENS] has climbed over 3.5%, but is now losing its gains.

ENS’s Long/Short Ratio is at 0.8034, indicating that bears are currently ruling. The altcoin can only turn bullish if it closes the daily candle above the $30.20 level.

On the 23rd of July, the overall crypto market experienced a price correction.

Amid this, Ethereum Name Service [ENS] reached a key resistance level, where it started facing selling pressure, and at press time, appeared poised for a price decline.

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