Price Analysis

Electroneum Price Analysis: Electroneum (ETN) Price Has Dropped By 8.9% In Just 5 Days!

With the mainstream move towards adoption of cryptocurrencies in Brazil, ETN has definitely tilted few heads towards the network. Let’s hope that we shall see some growth in the Electroneum.

Current Statistics of Electroneum:

ETN price is trading at 0.0000003923 BTC at 02:30 UTC on 12th August 2019. The other essential factors of Electroneum are as follows:

  • Return on Investment: -95.17%
  • Total supply/Circulating Supply: 9,769,762,681 ETN/ 9,769,762,681 ETN
  • 24 Hour Volume: 130,784 USD
  • Market Cap: 44,556,565 USD
  • 7 Day high/low: 0.005295 USD / 0.004366 USD

ETN to BTC Price Comparison:

Electroneum Price Prediction
Electroneum Price Chart by TradingView

Electroneum price from last 5 days was initially seen trading above the baseline on 7th August at 09:05 UTC with the trading price of 0.0000004309 BTC. The value dropped by 10.12% on 8th August at 05:40 UTC trading at 0.0000003873 BTC. Then, the ETN price was slightly increased by 3.36% on the same day at 11:00 UTC with the trading value of 0.0000004 BTC. This value was then dropped by 6.83% on 9th August at 13:55 UTC trading at 0.0000003727 BTC. The value then saw an increase of 7.26% today at 01:35 UTC when the price of Electroneum changed to 0.0000003995 BTC.

Electroneum Price Prediction and Conclusion:

ETN coin is indicating bearish characteristics, which implies that clients may need to sit tight for some more opportunity to appreciate the profits. For safer trading, traders must play under the resistance and support levels, which are calculated as follows:

Resistance Levels:

R3: 0.004885

R2: 0.004753

R1: 0.004676

Support Levels:

S1: 0.004467

S2: 0.004335

S3: 0.004258

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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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