Zoye

07/27 15:22

Now, assessing the impact on the price action, the

Now, assessing the impact on the price action, the ENS price was trading around the $30 level. This matched with the shifting market structure of the ENS where it was now making new, higher lows.

Seconding this bullish outlook were the Chaikin Money Flow (CMF) and MACD, which were all in support. The CMF was at 0.1 while the MACD had turned green, at press time, but the momentum was reducing, potentially because of the range around $30.

Alternatively, ENS price could remained around the $30 zone, which could prompt some holders to liquidate their positions in fear of wiping out garnered profits.

A break and sustained stay above $30 could open the door for a move toward $45. A reclaim of the $45 could spark more bullishness, which could in turn drive the price past $50.

#ETH price breaks through $4,600, buy or sell?#Whose “child” is ES — Solana or Ethereum?#What kind of APEPE investor are you?#Do you think Tanssi is promising? #BTC price hits a new high of $120,000!

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