After 12 long weeks of decline, Ethereum Name Service (ENS) is finally showing signs of life, bouncing back above $15. But not everything is looking bullish—some signs still point to caution for investors.
🔵ENS has bounced back after falling from $35 to $12 in just three months.
🔵Over the weekend, heavy buying pushed the token out of its downward trend.
🔵Some signs now suggest a positive trend, but it’s still too early to celebrate.
🔵Many ENS holders bought at higher prices, so they may sell once they break even.
🔵This creates a barrier around $17, making it hard for ENS to rise quickly.
🔵Selling pressure is still stronger than buying, hinting that the rally might slow down.
🔵If things don’t improve, the price might even dip back toward $12 or lower.
ENS is trying hard to turn things around—but the path forward isn’t clear. Until more signs turn positive, this rebound could fade fast. Will it soar or stumble? Only time will tell.
https://coinpedia.org/price-prediction/ethereum-name-service-ens-price-prediction/

Ethereum Name Service (ENS) - USD
$ 18.73
6 min ago
1.50%
Mkt. Cap.
$ 1.87 B
Vol. 24H
ENS 13.06 k
($ 242.45 k)
Open 24h
$ 18.45
Low/High 24h
$ 18.37
-
$ 18.80
Whitepaper
-
Launch Date
2021-11-01
Max Supply
Not Applicable
Total Supply
100,000,000.00
Circulating Supply
36,481,338.98
Mkt. Cap. Penalty
0 %
Website
Built On
ETH
Token Standard
ERC20
Smart Contract Address
Decimal Places
18
Parent Asset Symbol
-
The Ethereum Name Service (ENS) is a decentralised naming system built on the Ethereum blockchain, designed to map human-readable names to machine-readable identifiers. It simplifies the user experience by replacing complex Ethereum addresses with easy-to-remember names, supporting address mapping, content hashes, metadata storage, and cross-platform usability. ENS was created by Nick Johnson and Alex Van de Sande under the Ethereum Foundation and launched in May 2017.