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LTCUSD Litecoin

80.67

0.610 (0.76%)

04:51:47 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Litecoin	LTCUSD	Crypto	5,990,572,998	Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.610	0.76%	80.67	80.66	80.68

High Price	Low Price	Open Price	Prev. Close	52 Week Range
81.05	79.98	80.08	80.06	57.64 - 114.98

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	04:51:45	0.288484	80.67	USD

Price x Volume	Volume	Base Symbol	Related Pairs
1,602,137.08	19,888.77	LTC	LTCEUR	LTCGBP	LTCBTC

Ethereum Name Service (ENS) Drops To $16 Support; Will Bears Come Out Top?

25/10/2022 4:41pm

NEWSBTC

ENS’ price shows strength as price holds strong above the key support zone to avoid price retesting lower point on the daily chart. ENS rejected a trend higher above $20 as the price faced a sharp rejection to a region of key Support of $16.5. The price of ENS continues to hold strong above the 50 and 200 Exponential Moving Averages (EMA) as the price aims to rally toward $20. The price of Ethereum Name Service (ENS) has continued to hold strong as price trends toward the region of $20 as the price faced rejection earlier from that region. The crypto market has had little volatility compared to previous weeks, with many altcoins and major crypto players like Bitcoin (BTC) and Ethereum (ETH) continuing to move in a range with few exceptions. The likes of Ethereum Name Service (ENS) have had a great time rallying despite the uncertainty in the market, with many wondering if the $20 resistance would be broken for a higher high. (Data from Binance) Related Reading: Litecoin Registers Over $1 Million In Whale Transactions For 2022 – Good News For LTC? Ethereum Name Service (ENS) Price Analysis On The Weekly Chart. Despite many altcoins struggling to trend in a range market, the price of ENS has been a standout performer as price rallied and held strong at key support zones showing the strength of buyers not willing to let go of price to sellers. The price of ENS has had a bad time recently as the price declined from an all-time high of over $100 to a region of $8 before rallying to a high of $17. ENS’ price faced a rejection from $17 to break higher to the region of $20. After the price of ENS was rejected from $17, the price dropped to a region of $11, where the price seemed to have formed strong Support and likely a demand zone for future buy orders. The price of ENS rallied from $11 to a high of $17 as the price broke above to rally with more strength to $20, where it faced resistance back to $17. The overall structure for ENS looks good as there are high chances of price retesting the regions of $20 and even higher. Weekly resistance for the price of ENS – $20. Weekly Support for the price of ENS – $16.5-$17. Price Analysis Of ETH On The Daily (1D) Chart In the daily timeframe, the price of ENS continues to hold strong and trade above the key Support formed at 50 EMA after forming an uptrend line as the price respects this line acting as Support. The price of ENS needs to break and hold above $20 for the price to trend higher to a region of $27 and possibly $30. Daily resistance for the ENS price – $20. Daily Support for the ENS price – $16.5. Onchain Analysis Of ENS The ENS price from the on-chain analysis looks more decent despite a fall of over 70%. ENS produced a reasonable return on investment (ROI) of 72% over the past three months compared to other crypto assets that have struggled for the past months. Related Reading: Shiba Inu Burn Rate Spikes By 1,860% – Why Investors Should Take Note Of This Featured Image From zipmex, Charts From Tradingview and Messari

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