Ethereum Name Service (ENS)

$ENS If you’ll notice something important, price is sitting right back at that major long-term trendline support around the 6–7 zone. This isn’t a random level. It’s a descending base that has been respected for years. Every time ENS has compressed into this region, it has eventually built a base and produced a strong upside move. This time, we saw a sharp wick below the level followed by a quick reclaim. That kind of move usually signals liquidity was taken and buyers stepped in aggressively. On top of that, weekly RSI is sitting near oversold territory, historically where reversals begin and momentum shifts upward. As long as ENS continues holding this trendline on weekly closes, the path opens toward $13. This isn’t just support, it’s a high-probability accumulation zone. Now the question is: are we witnessing the early stages of the next expansion? DYR, NFA #ENA #CryptoTrading

$ENS 📊🔥🧠 🎯 Multi-TF RSI breakout + engulfing = repeatable bottoming model. There’s something more important here than “where it goes next.” The signal itself. On the 8H chart, RSI trendline broke with a bullish engulfing candle and CISD confirmation. On the Daily chart, at the same time, a bullish engulfing printed, RSI trendline broke, MA reclaimed, and RSI pushed from oversold into the neutral zone. That dual timeframe shift wasn’t random. Daily followed with a ~20% expansion. 8H gave a controlled retracement from $6.13 to $5.65, tapping the golden pocket perfectly after bouncing from $5.40 lows. From that retracement low, price expanded ~27%. This wasn’t luck. It was structure: HTF momentum shift → LTF retracement → continuation. That’s a repeatable framework for identifying bottoms if you wait for confirmation instead of predicting it. #BTC #ETH #ALTCOINS #TRADING #ENS #PREDICTION

$ENS Scalp Short Trade. Entry: 6.961– 7.013 TP1: 6.902 TP2: 6.845 TP3: 6.774 TP4: 6.594 🔴 SL: 7.077 (Must Use) 💰 Book profits step-by-step and move SL to entry after TP2 hits. #DYOR #NFA https://t.co/KqfiRrFz5W

ENS Labs decided to cancel the #Namechain project as a second-layer network, and instead fully move the #ENSv2 upgrade to the #إيثريوم mainnet. This step aims to strengthen direct security and leverage the parent network’s liquidity for decentralized domain name services. #ENS #بلوكتشين

ENS (the Ethereum naming system) originally planned to build its own layer‑2 (Namechain) to make domain registration cheaper and faster when Ethereum gas fees were very high. However, after recent upgrades, gas fees on Ethereum have dropped dramatically (by about 99%) and the network is scaling faster than expected. Therefore, ENS has decided not to pursue a L2 and will instead upgrade to ENSv2 and run directly on Ethereum, as L1 is now cheap enough and fast enough.

ENS Labs announced a change in its plan for the #Namechain system, where it decided to move the #ENSv2 project entirely to the main #إيثيريوم network instead of being an independent second layer. This step aims to enhance security and directly benefit from the liquidity of the parent network, which was welcomed by developers. #ENS #ETH