Ethereum (ETH) $3,383.9 price It has not yet been able to initiate a period of great rise as desired. But when you do this PEPEWe will also see big movements in leading cryptocurrencies on the network such as , ENS. The delayed rise always increases the size of the jump in such periods, and this is the hope of investors. well popular cryptocurrency What are analyst Efloud’s latest predictions?
ENS Coin Price Prediction 2025
Popular Turkish cryptocurrency analyst Efloud shared his predictions for the end of the year and 2025 today. One of the most popular altcoins ENS CoinThe analyst, who also puts , on his agenda, explains the scenario we are likely to see soon, as well as the current situation, with the chart he shares below. So what did he say?
“As you can follow from the quoted analysis, we took 80% profit from our positions with a 100%+ profit and left the rest as a moonbag.
Currently, the price is in the support zone, but there are gradually decreasing jumps (you can also see a similar structure in coins such as $ATOM etc.). If the price loses this zone (approximately $31) I will sell my remaining 20% #ENS. I will consider adding similar amount from the $27.5 region. I will consider a new full risk position setup if the price drops to the blue boxed area around $24.2.
If you are more confident, it would be beneficial to keep direct purchases from such regions to small amounts and look at bullish confirmation structures in micro-LTF (low time frames).
Remember, creating a strategy is as important as technical/fundamental analysis. It relaxes your psychology and ensures that you do not disrupt your plan. For this reason, I recommend that you try to thoroughly understand the mentality in the lines I wrote above and the trade modeling, partial purchases/sales, correct balance usage, etc. that I have shared in past analyses. “There are not just buy/sell ideas out there.”
The analyst’s rally target of up to $65 remains current if the rise continues.
Cryptocurrencies Latest Status
A $292 million position was liquidated in the last 24 hours, and $201 million of it was long positions. Cryptocurrency investors suffered serious losses in the extreme fluctuation in the last 24 hours, despite it being a holiday week. While open positions decreased to $111 billion, short positions are dominant with 50.22% with the latest BTC rise.
While the total transaction volume on cryptocurrency exchanges increased by 32 percent compared to yesterday with 140 billion dollars, the fear index decreased to 48. BTC started to erase losses in weekly performance.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
