Electroneum Price Analysis: Electroneum (ETN) Price Continues Monotonous Behavior

ETN is launching KYC mandate regulation for the users. It is significant for users to enjoy the profits and their positions on the ETN network. KYC helps in building credibility among the users in order to judge if the users or buyers are genuine or not. This seems to be the latest discussion with ETN community.

Current Statistics of Electroneum:

ETN price is seen trading at $0.004238 at 01:58 UTC on 20th August 2019. The other major contributions in the ETN chart are mentioned below:

  • Return on Investment: -95.52%
  • Total supply/Circulating Supply: 9,779,671,539 ETN / 9,779,671,539 ETN
  • 24 Hour Volume: 177,646 USD
  • Market Cap Value: 41,397,243 USD
  • 7 Day high/low: 0.004554 USD / 0.003790 USD

ETN to BTC Price Comparison:

ETN Price Prediction
ETN Price Chart by TradingView

In the last five days, Electroneum price trend has been following monotonous behavior. Initially, the price was trading at 0.00000039 BTC on 14th August at 16:20 UTC. ETN price then increased by 5.09% on 15th August at 18:25 UTC with the trading value of 0.00000041 BTC.

The price of Electroneum then dropped back to 0.00000039 BTC by 16th August at 06:15 UTC. The value then increased on 18th August at 04:15 UTC to the same value of 0.00000041. The value from then is dropped again to the 0.00000039 BTC value as of now.

Electroneum Price Prediction and Conclusion:

ETN is fluctuating in the buy zone as of now. So, for the entrants and traders, this may be a decent time for them to bounce in the Electroneum. For a more secure trade, you should consider the following resistance and support levels:

Resistance Levels:

R3: $0.004435

R2: $0.004354

R1: $0.004294

Support Levels:

S1: $0.004153

S2: $0.004072

S3: $0.004012

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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