Ethereum Name Service (ENS) Breaks Out, Can Price Hit $20?

• ENS price continues its bullish structure after a reclaim of the $15 region as the price stays on track to retest major resistance.  
• ENS trades above key support as price reclaim 8 and 20-day EMA.
• The price of ENS aims to continue its rally as the price shows bullish strength after breaking out of the descending triangle.

Ethereum Name Service (ENS) has looked more decent in price action against tether (USDT) after breaking out of a descending triangle to set up a more bullish sentiment. The price of Ethereum Name Service looks set to breach the $20 mark. Ethereum Name Service (ENS) has had a favorable response as the prices of altcoins and the crypto market look to bounce from their key support areas, with BNB price looking more stable for a retest of key resistance at $20. (Data from Binance)

Ethereum Name Service (ENS) Price Analysis On The Weekly Chart.

Despite struggling to break above $17 in recent weeks, with the price rejectin