Price Analysis

Electroneum Price Analysis: Bulls hit Electroneum; Recovery expected from the ETN

Electroneum (ETN) embarks the bullish trend after a long struggle at in the deep waters. The month started with a bearish trend. The coin hovered at a stable price, but the market pressure was scaring many traders in the market. Well, it seems like the heavy storm is passed. We are assuming that the market will keep up the price and soon break the highest counters soon.

Yesterday, the coin touched a high at USD 0.006396 and a low at USD 0.005518. The volume recorded on 15th July was USD 558,071.

ETN to BTC Intraday Price Chart:

The price analysis of Electroneum is done with the help of TradingView chart of 16th July 2019 at 04:29: 38 UTC.

Electroneum Price Prediction
Electroneum Price Chart by TradingView

Summary of the Statistics:

  • ETN price is trading at 0.006219 USD.
  • The circulating supply has 9,736,373,654 ETN.
  • Electroneum 24-hour volume is marked at 543,051 USD.
  • The Market Cap is noted as 60,548,792 USD.

Looking at yesterday’s chart, the coin opened with a drop. It brought a major fall in price. The coin switched from 0.0000005749 BTC to 0.0000005481 BTC. The regression marked was of 4.69%. Further, the coin climbed twice on the chart. The first one took place at 07:40 UTC. The upsurge was of 4%. The coin jumped from 0.0000005481 BTC to 0.0000005750 BTC. The next upsurge was a major one. The price jumped from 0.0000005540 BTC to 0.0000005979 BTC. This time the progression was 7.93%. The intraday upsurge in price was of 2.25%. The coin closed at 0.0000005881 BTC. Today, the day seems moderate till now. There has been no major movement in the price of the coin.

Electroneum Price Prediction and Conclusion:

By the end of 2019, Electroneum is anticipated to breach 0.00000070 BTC. The upsurge in the altcoin market has started. The same is said to continue for quite some time. The traders interested in Electroneum should opt for purchasing.

The best-suited investment plan for Electroneum is long term investment.

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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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