Price Analysis

Electroneum Price Analysis: Electroneum (ETN) Price Dropped By 9% in Last 4 Days

After their announcement with an NGO, Electroneum (ETN) might improve in terms of genuine supplies which might help in the better capitalization. However, Electroneum must work a little bit more on their digital assets to join back the marathon on top 100 currencies.

Current Statistics of Electroneum:

ETN price is currently trading at 0.00000049 BTC at 05:44 UTC on 24th July 2019. The other essential factors are calculated as follows:

  • Return of Investment: -94.97%
  • Total supply/Circulating Supply: 9,746,444,458 ETN/ 9,746,444,458 ETN
  • 24 Hour Volume: 170,639 USD
  • Market Cap: 46,249,397 USD
  • 7 Day high/low: 0.005727 USD / 0.004645 USD

ETN to BTC Price Comparison:

Electroneum Price Chart - 24 July
Electroneum Chart by TradingView

In the past 5 days, the trades of Electroneum were quite impressing. On 19th July at 05:15 UTC trading at 0.00000050 BTC. The value escalated by 7.90% on 20th July at 11:45 UTC seen trading at 0.00000054 BTC value. The value then saw a drastic drop by 12.81% on 21st July at 13:50 UTC trading at 0.00000047 BTC value.

The value was increased by 8.33% on 22nd July at 20:00 UTC with a trading valuation of 0.00000051 BTC value. Yesterday, the value was dropped again by 7.62% at 17:25 UTC seen trading at 0.00000047 BTC value, which now increased by 4% as of now.

Electroneum Price Prediction and Conclusion:

ETN coin price is fluctuating in the ‘buying’ zone as of now. So for the new traders who feel confident on ETN trades, this might be a good time for them to jump in the network. For a safer bid, you might want to consider the trade under the resistance support level as:

Resistance Levels: $0.005131, $0.005405 and $0.005616

Support Levels: $0.004646, $0.004435 and $0.004161

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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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