Ethereum Name Service (ENS) has been relatively more volatile compared to the crypto market. So far Saturday, the Governance has lost 0.85% to $25.35.
InvestorsObserver is giving Ethereum Name Service a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethereum Name Service!
Highly Volatile
InvestorsObserver gives Ethereum Name Service a high volatility rank of 99, placing it in the top 1% of cryptos on the market.The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ENS's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
Ethereum Name Service price is in a favorable position going forward. With support near $23.75 and resistance set at $26.87. This positions Ethereum Name Service with room to run before facing selling pressures.