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Price Analysis

Electroneum Price Analysis: Electroneum (ETN) Price Reflects Downtrend Over Last 3 Months

Electroneum fell with a huge difference in the last 3 months. The first two-quarters of ETN brought a good momentum in price. However, the third quarter has been a little disappointing. The currency still holds some hope in the coming years.

Yesterday, Electroneum price touched a high of 0.005531 USD and a low at 0.005011 USD. The volume marked on 22nd July 2019 was 322,416 USD.

ETN to BTC Price Comparison:

The chart is taken from Trading View on 22nd July 2019 at 03:21:57 UTC for price analysis.

Electroneum price chart - july 22

Three months ago, the ETN coin price was at 0.0000010164 BTC. The coin climbed to 0.0000011701 BTC by 15.49%. Later, ETN price fell from 0.0000011701 to 0.0000006749 BTC by 42.32%. The currency dropped to 0.0000004700 BTC by the starting of June. The month witnessed jumped from 0.0000004700 BTC to 0.0000007603 BTC. The escalation was of 62.57%. The coin later, drowned from 0.0000007603 to 0.0000003580 by 52.16%. The ongoing month took the ETN price from 0.0000005933 BTC. The coin is currently dealing at 0.0000004866 BTC.

Current Statistics of Electroneum-

Particulars Electroneum (ETN)  
ETN Price0.005205 USD
Rank105
ROI-94.49%
Market Cap50,712,843 USD
Circulating Supply9,743,874,065 ETN
90 Day High / Low0.007045 USD / 0.003642 USD

ETN Price Prediction and Conclusion:

Electroneum has great potential. The coin was seen recovering during the heavy downfall. However, the three-month chart tells a different story. The traders are recommended to hold the currency if they have already an investment. The traders who are interested in the coin should hold on to their investment for some time. The coin could lay better result in the long term.

Electroneum is likely to touch 0.0000007 BTC by the end of 2019. In the coming years, the coin can go up, but the chances are thin.

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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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