ENS just pumped 40% to hit $24.96 today 🚀



After being trapped under a downtrend for 710 days (since Jan 2022), it finally broke through. Hit bottom at $6.65 last October, now sitting near $25—that's a 3.75x from the lows.

On-chain signals still bullish: weekly RSI above 50, uptrend intact. But here's the catch—daily chart is showing signs of exhaustion. Wave analysis suggests we might be at the end of wave 3 in a 5-wave rally, and there's already a bearish RSI divergence forming.

So realistically? Could see a 25% pullback to $18 (0.382 Fib level) before deciding if $50 is actually in the cards. Not financial advice, but watch that $25 resistance—if it cracks, next stop is unknown territory. If it bounces hard, grab your bags.
ENS3,73%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin