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Price Analysis

Electroneum Price Analysis: Electroneum (ETN) Entered The Ranking Of Top 100 Coins!

Not only is ETN a daily part of the lives of South Africans, but they recently partnered with NGO miner called Wonder Foundation to help them fight poverty. Well, Electroneum is definitely more than just a cryptocurrency who shares a vision of doing something meaningful for sure.

Current Statistics of Electroneum:

ETN price is trading at 0.00000040 at 01:42 UTC on 19th August 2019. The major factors of Electroneum are as follows:

  • Market Ranking: 96
  • Return on Investment: -95.61%
  • Total supply/Circulating Supply: 9,778,424,453 ETN/ 9,778,424,453 ETN
  • 24 Hour Volume: 144,212 USD
  • Market Cap: 40,515,347 USD
  • 7 Day high/low: 0.004570 USD / 0.003790 USD

ETN/BTC Price Comparison:

ETN Price Prediction
ETN Price Chart by TradingView

Considering the statistics of the last three months, Electroneum price was initially seen fluctuating at the bottom. On 3rd June at 18:00 UTC, the value was trading at 0.00000046 BTC. The value surged upwards by 53.77% to the highest touch down on 17th June at 09:00 UTC with the trading value of 0.00000071 BTC. However, a drastic drop was seen just after that on 30th June at 08:00 UTC when the ETN price dropped by 46.28% trading at 0.00000038 BTC.

In the month of July, the ETN price achieved the touch down by 0.00000059 BTC on 16th July at 15:00 UTC. The value from then is dropped by 31.86% as of now.

Electroneum Price Prediction and Conclusion:

Well, agreed that Electroneum is growing their popularity in different regions. But the fact is that it wasn’t really shown in the chart as of now. However, the chances are that ETN might enter the in the list of top 80 soon, but we might have to wait for a little more time for the same to be realized. Till then, “traders please hang in there!”

The calculated resistance and support levels might help the traders as of now:

Resistance Levels:

R3: $0.004382

R2: $0.004299

R1: $0.004225

Support Levels:

S1: $0.004068

S2: $0.003985

S3: $0.003911

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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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