Electroneum Price Analysis: Electroneum(ETN) Price Falls in the Intraday Market

Electroneum (ETN) is currently falling on the intraday chart. The downtrend in the coin started yesterday. In the last few days, the coin was seen struggling to climb up. On the day before yesterday’s upsurge activity in Electroneum (ETN) took the price up and even helped the coin to rise in the market. Electroneum was dealing at 98th position and later at 100th position on the crypto list by coinmarketcap.

Well, the drop is sudden and showing legs now. The downfall is likely to be lifted soon.

Let’s have a look at the chart.

Electroneum Price Analysis:

The chart is taken from Trading View on 19th July 2019 at 04:21:25 UTC for price analysis.

Electroneum price chart July 19
Electroneum Price Chart by TradingView

Yesterday, the coin opened at 0.0000005574 BTC. The coin kept dealing at the same level for half of the day. Later, the coin fell from 0.0000005586 BTC to 0.0000005116 BTC. The intraday loss was of 5.01%. The closing price of the coin was 0.0000005286 BTC. Today, the coin opened with a downtrend. The coin fell from 0.0000005286 BTC to 0.0000005130 BTC by 2.95%. The coin would remain boring for the rest of the day.

Price Statistics of Electroneum:

Particulars Electroneum (ETN)
Price 0.005369 USD
Rank 104
ROI -94.31%
Market cap 52,298,990 USD
Circulating Supply 9,740,237,718 ETN
24hr Volume 352,705 USD

Electroneum Price Prediction and Conclusion:

Electroneum (ETN) would be dropping in the market, but the future of the coin is bright. The coin has shown huge potential during the latest price drop. We are confident about the upsurge in the coin. Electroneum (ETN) is likely to touch 0.00000070 BTC by the end of 2019. The short term investment is recommended for the coin. The long term investment would be risky for Electroneum (ETN).

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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