Price Analysis

Electroneum Price Analysis: Electroneum (ETN) Price Continues the Drop; Intraday Records a Slight Hike

Electroneum is seen leaking since the past few days. The coin opened the month with a price drop which continued till date. The upsurge in the coin is destined hence purchasing ETN at the moment would be the right decision.

Yesterday, the ETN coin touched a high at 0.005165 USD and a low at 0.004584 USD. The volume recorded in Electroneum on 05th August 2019 was 320,630 USD.

ETN to BTC Price Comparison:

The chart is taken from TradingView on 6th August 2019 at 07:18:28 UTC.

Electroneum price chart - Aug 6
Electroneum Chart By TradingView

The month opened at 0.0000004807 BTC. The first day brought a drop of 5.15% in the coin by touching 0.0000004560 BTC. Day 2, the coin was a little stable. The coin changed from 0.0000004560 BTC to 0.0000004573 BTC. Day 3, the coin again slipped from 0.0000004573 BTC to 0.0000004372 BTC by 4.39%. Day 4, the coin marked a loss of 5.24% as the price counters changed from 0.0000004368 BTC to 0.0000004138 BTC. Day 5, the coin jumped from 0.0000004138 BTC to 0.0000004228 BTC. The escalation was of 2.31%. Today, the coin opened with an upsurge. The coin escalated from 0.0000004233 to 0.0000004402 by 4.21%. The coin slipped from 0.0000004402 BTC to 0.0000004004 BTC.

Current Statistics of Electroneum:

ParticularsElectroneum (ETN)
Price0.0000004029 BTC
Rank108
ROI-95.90%
Market Cap45,266,164 USD
24hr Volume399,133 USD
Circulating Supply9,762,791,684 ETN

Electroneum Price Prediction and Conclusion:

ETN price has a high prospect of an upsurge in the future. The coin has reflected a remarkable potential in the last month’s price drop. The current drop would soon be recovered. By the end of 2019, the coin would be near 0.00000070 BTC. As per the current scenario, we would recommend to dig in for a short term to avoid risk in the crypto market.

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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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