ENS Price Hints Rally to $48 As Traditional Bottoming Sign Appears On Chart

ENS, the governance token of the Ethereum Name Service is witnessing a significant inflow defying the current market uncertainty. Over the last three days, the token has seen a remarkable 32.5% increase, climbing from $17 to $22.7. Analysis of the weekly chart reveals that this upward movement is contributing to the formation of a broader bullish pattern, indicating the possibility of a more significant rally ahead.