$ENS is among market leaders with a 21% price increase in the last 24 hours, and price performance is the main reason
, which has suddenly spiked by more than 21% in the last 24 hours, making it the most profitable asset in the top 100 of the biggest digital assets in terms of capitalization in the world.
According to the official social media accounts of the project, no fundamental updates or events related to the project have occurred in the past and are not planned for the future, which makes the reasoning behind the strong growth purely speculative.Despite the current state of the cryptocurrency market, in the last 100 days ENS has been showing nothing but positive priceTradingView
The asset successfully broke every existing technical resistance on the chart and is now showing all signs of a trend reversal: the 50 and 200 day moving averages are about to cross, the trading volume switches to ascending and the Relative Strength Index is moving in the bullish zone.ENS is moving in a firm uptrend with the trend's support located at around $13.8.
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