Price Analysis

Electroneum Price Analysis: Electroneum (ETN) Price Indicates Downtrend in the Intraday Market

Electroneum coin is currently dropping. A few days back, the currency was dealing with high digits in the market. The coin jumped to 98th rank but now is back to 107th rank. The traders who regularly deal in Electroneum understand the momentum. The coin would again rise and shine. However, the coin is not showing any improvement indications and is likely to remain the same for the rest of the day.

ETN to BTC Price Comparison:

The chart is taken from TradingView on 27th July 2019 at 10:04:04 UTC.

Electroneum price chart - july 27
Electroneum Chart By TradingView

Electroneum is reflecting a downtrend since yesterday. The ETN coin price opened today at 0.0000004802 BTC. The coin jumped to 0.0000004851 by 1.01%. The coin couldn’t hold itself to the level and fell tremendously. The price counters changed from 0.0000004851 BTC to 0.0000004729 BTC by 2.52%. Yesterday, the coin opened with a downfall of 3.18%. The price shifted from 0.0000004946 BTC to 0.0000004789 BTC. Later, the coin jumped from 0.0000004794 BTC to 0.0000004972 BTC by 3.71%. There was another recovery in price which took it to 0.0000004935 BTC from 0.0000004752 BTC by 3.85%. The recoveries could keep the in progression and hence registered an intraday regression of 2.93%.

Summary of ETN Price:

  • ETN price is at 0.0000004729 BTC.
  • ROI recorded for Electroneum is -95.24%.
  • The market cap is noted as $43,778,502 USD.
  • Circulating Supply has 9,750,420,787 ETN.
  • The 24-hour volume is marked as $137,828 USD.

Electroneum Price Prediction and Conclusion:

Electroneum might be disappointing the intraday traders. The same is expected to improve by the beginning of the next month. The traders who have already invested in Electroneum should hold the investment for some time.

By the end of 2019, the coin might be seen dealing in 0.00000070 BTC. The traders should divide the investment to deteriorate the risk.

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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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