Price Analysis of Ethereum Name Service (ENS) and ICON (ICX)
Time to go ahead and analyze the performances of Ethereum Name Service and ICON to see how well they have performed in the past 24-hours. These cryptocurrencies have risen to fame in the past 24-hours, which is a strong sign for them.
It is being expected that the investors may be highly interested to invest in both cryptocurrencies for their promising gains. The report shows that Ethereum Name Service has gained a 10.10% rally and ICON has gained a 10.16% rally.
Ethereum Name Service (ENS) – Uplifted by 10.10%
Ethereum Name Service has recorded a huge momentum in the past 24-hours, which has managed to increase its value. The data suggests that the value of Ethereum Name Service has been uplifted 10.54% in the past 24-hours.
Following the surge, Ethereum Name Service’s value has surged from a low of $17.51 to its price of $19.61 per ENS.
The analysis report provided by CoinCodex shows that the investors are going for higher gains of Ethereum Name Service. They are constantly building more strength in order to push the price of Ethereum Name Service higher.
The bulls also look very motivated to push higher and bring the RSI to their favor. With such strong sentiments, the bulls may finally be able to elevate the price of Ethereum Name Service to a high of $22.63 per ENS.
If the bears are not able to match the strength and the buying ability of the bulls, then they will end up backing out. This would allow the bulls to launch another strong rally and bring more investors to the positive zone.
As a result, the price of Ethereum Name Service may end up surging to a high of $25.31 per ENS.
ICON (ICX) – Uplifted by 10.16%
ICON has also experienced a 10.16% elevation in its price in the past 24-hours. The rally has reportedly pushed the value of ICON from a low of $0.9676 per ICX to its current high price of $1.08 per ICX.
ICON investors are also going for higher gains and the data suggests that it is the bulls that are currently calling the shots. If the bulls keep controlling the situation, then they may bring in more investors to support the rally.
As the trading volume and the value of ICON grows higher, the RSI for ICON may also travel into the bullish zone. This would result in pushing ICON’s price to $1.15 per ICX.
If the moving averages also start pointing at the strong buying sentiments, then the investors may buy ICON on a high scale without any hesitation. This would result in pushing the value of ICON to a high of $1.21 Per ICX.