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Price Analysis

Electroneum Lingers at $0.0034 Amidst Huge Volatility

Electroneum price has stagnated at 0.0034 USD in the last one day. The change in the value is minimal, but the volatility remained at a higher degree. ETN may fall to the next support of 0.0033 USD.

ETN to BTC Price Comparison-

Electroneum Price Chart
Electroneum Chart By TradingView

Electroneum got a hike of 0.74% between 01:03 and 08:26 UTC and it has added 0.0000000025 BTC to the coin. This figure, however, could not be sustained for long and it fell by 2.75% over the next 2 hours. Later ETN coin recovered 2.21% in the next 2 hours and 54 minutes starting from 10:30 UTC. The fourth swing, at 17:08 UTC, was one of the most important ones, as the fall cost 2.48% and made ETN be placed at the lowest of the day at 0.0000003314 BTC. The last variation happened between 17:08 and 05:24 UTC today. This increment had a break at 0.0000003415 BTC and it added 0.0000000105 BTC with the overall growth of 3.16%.

ETN Price Prediction-

ETN may stoop to 0.003300 USD, as its next support and owing to the market condition may find it hard to grow. The next resistance and support levels are listed below.

ElectroneumSupport & Resistance Levels
1st Resistance$0.003487333
2nd Resistance$0.003550667
3rd Resistance$0.003612333
1st Support Level$0.003362333
2nd Support Level$0.003300667
3rd Support Level$0.003237333

 

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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