Swap Ethereum Name Service (ENS) to Ethereum (ETH)

At the end of October, 2022, the price of the ENS token was outperforming Ethereum, and the ENS to ETH price chart at that point was around the level of 0.0129, but in just a matter of days the price of ENS in ETH started to decline as Ethereum was gaining value recovering its previous loses. It made the price of ENS in ETH drop to the level of 0.0101 on November 2. 

As Ethereum couldn’t keep the high price and started to drop, the ENS to ETH price chart grew to 0.011 by November 3 and stayed at this level for a few days, but fell lower on November 6-7. The ENS to ETH exchange ratio continued to decline, dipping to the lowest point of the period on November 10. At that time the ENS to ETH conversion rate was at 0.0092. The next day it went up to 0.0101 and then fell back to 0.0092 before going even more up. on November 15 the ENS to ETH conversion rate grew to 0.015, and then continued in the moderate uptrend that lasted for the next 10 days. By November 19 the ENS to ETH reached 0.0109 and stabilised around that level for almost the whole month, slightly bouncing between 0.0112 and 0.0108. 

From December 11 the ENS to ETH price chart started to go down as the price of Ethereum was growing while the ENS token didn’t perform as well. The ENS/ETH trading pair price kept declining for 2 weeks until it reached the level of 0.0088 by December 24. The situation stabilized in the next month with the ENS to ETH price chart bouncing between 0.0094 and 0.0089. On January 20 the price started to go up again, but could reach only 0.009.