Price Analysis

Electroneum Price Analysis: Electroneum Comes Out of the Market Pressure; Price Rally Begins

Electroneum has fascinated many traders in the market. Amid the plunge, the coin managed to grow and reach the 100th position. At the beginning of the month, the coin was hovering between 105-110th rank. The said change has dragged many eyeballs towards the coin.

Today, the intraday traders might expect a flourishing day. The ETN coin is anticipated to close with a positive number.

Current Statistics of Electroneum:

The chart is taken from TradingView on 18th July 2019 at 04:18:16 UTC.

Electroneum price chart - july 18

Yesterday, the ETN coin price opened at 0.0000005717 BTC. The first few hours took the price down to 0.0000005500 BTC from 0.0000005717 BTC. The regression was of 3.78%. Further, the coin escalated from 0.0000005500 BTC to 0.0000005642 BTC by 2.58%. The major hike was of 3.25%, which took the price up from 0.0000005464 BTC to 0.0000005642 BTC. The coin closed with a loss of 0.37% at 0.0000005697 BTC. Today, the coin opened with a fall of 1.71%. The coin dropped from 0.0000005697 BTC to 0.0000005600 BTC.

ParticularsElectroneum
Price0.0000005665 BTC
Rank100
ROI-94.29%
Circulating supply9,738,904,056 ETN
24hr volume301,179 USD
Market cap52,510,464 USD

Electroneum Price Prediction and Conclusion:

Electroneum has shown great potential during the fall. Where the big forces of the market were dripping, ETN was seen handling itself well. The upsurge in the ETN price is speculated to take place in a short while. However, the intraday traders can still make profits out the same.

Talking about the ongoing year, the coin would end at 0.00000070 BTC. The coin would be flourishing for long term investor. Yet, we would recommend diverging the income to cut short the risk.

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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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