Price Analysis

Electroneum Price Analysis: Electroneum (ETN) Price Chases Bears; Plunges With the Intraday Movement

  • Electroneum (ETN) slips down in the intraday movement.
  • The day doesn’t seem to have much activity.

Electroneum (ETN) price is currently dropping. The day has not much expectation from the coin. The coin was trading with a good momentum until yesterday, but today the coin was spotted slipping. The current downfall could be because of the selling pressure. The coin is expected to rise again soon.

Yesterday, the coin touched a high at $0.005315 and a low at $0.005100. The volume marked on 23rd July 2019 was $174,390.

Current Statistics of Electroneum (ETN): 

The chart is taken from Trading View on 23rd July 2019 at 05:52:41 UTC for price analysis.

Electroneum price chart July 23
Electroneum Price Chart by TradingView

Looking at the chart, the coin climbed from 0.0000004868 BTC from 0.0000004964 BTC by 1.98%. Further, the coin escalated from 0.0000004889 BTC to 0.0000005036 BTC by 3.02%. The coin closed at 0.0000004967 BTC. The intraday escalation was of 2.07%. Today, the coin opened from the downtrend. The price counters changed from 0.0000004967 BTC to 0.0000004727 BTC. The regression was of 4.83%. The coin is anticipated to remain dull for the rest of the day.

Particulars Electroneum (ETN) 
Price$0.004844
Rank104
ROI-94.87%
Market Cap$47,209,994
24hr Volume$187,697
Circulating Supply9,745,402,598 ETN

Electroneum Price Prediction and Conclusion: 

The coin is seen plunging with the intraday movement. The momentum in the market is not as impressive as it was a few days back. The coin climbed to 98th position from 105th position in the crypto market. Short-term investors can go for the coin to book the profits. The long-term investment in the coin would be risky. By the end of 2019, the coin is expected to touch 0.00000070 BTC.

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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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