ENS price drops 8.56% below key moving averages
Ethereum Name Service (ENS)
tradersunion.com reports that Ethereum Name Service (ENS) has declined 8.56% to trade at $5.34. The asset remains positioned below its MA-20 at $5.61, MA-50 at $5.68, and MA-200 at $5.40 across all timeframes. Technical indicators confirm a bearish outlook, with the MACD and ADX showing a pronounced sell bias.
The RSI sits at 28.7, while both CCI and Stoch RSI are in oversold territory. Bull/Bear Power signals indicate intraday seller dominance, supported by the Awesome Oscillator. The Ichimoku Kijun at $5.61 acts as immediate resistance for any potential recovery.
Short-term trading is expected to occur between $5.05 and $5.54. A close below $5.05 could trigger deeper losses, while a rebound requires surpassing the $5.61 resistance. Earlier analyst views suggested a balanced or bullish stabilization, but current action marks a clear reversal. The $5.05 level is now critical for monitoring further selling pressure escalation.
How the market reacted
Whalio's own Binance spot order flow for ENS, measured when this story was written up on 16 September 2026. Not the outlet's figures.
Whalio spot data shows ENS trading at $5.33 with a 1-hour buy ratio of 45.3% and a 4-hour buy ratio of 48.4%. These short-term figures are lower than the 24-hour buy ratio of 46.8%, indicating that buying pressure is fading relative to the daily average. The Volume Delta reflects this weakness, sitting at -$1,045 for the hour and -$2,898 for the four-hour period. Over the full 24 hours, the Volume Delta totals -$36,295, meaning sellers have dominated the flow. This negative delta confirms that the market is currently being driven by net selling rather than accumulation. The CVD at the 24-hour close matches this total, reinforcing the sustained downward pressure on the order book.
The latest daily buy ratio of 52.2% sits at the 74th percentile of the last 322 days, against a median of 50.0% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ENS, averaged over the days leading up to the story.
Over the preceding week, ENS experienced a 14.4% price change with a total Volume Delta of +$358,232. The current 24-hour buy ratio of 46.8% is 4.2 percentage points below the 7-day average of 51.0%. Additionally, spot volume is running at 0.49x the weekly average, showing significantly reduced activity. While the weekly delta was positive, the current day shows net selling in 16 of the last 24 hours. This shift from net buying to net selling marks an unusual day compared to the broader weekly trend.