Price Analysis

Electroneum Price Analysis: Electroneum (ETN) Price Trend Plunges Again

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South Africa is on the hype of being popular on ETN now. The South Africa team of ETN recently tweeted about Pinetown Taxi Rank, where drivers are accepting more and more ETN from the passengers. This is definitely going to help ETN to grow in term of visibility and supplies.

Price Analysis of ETN on 27th June 2019:

The value of ETN is trading at $0.004525 on 27th June 2019 at 09:52 UTC. The other essentials factors contributing to the chart of ETN are:

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Electroneum Price chart - 27 June
Electroneum Price chart
  • Return on Investment: -95.21%
  • 24 Hour Volume: 588,182 USD
  • Market Cap Value: 43,761,720 USD
  • Total supply/Circulating Supply: 9,671,884,345 ETN / 9,671,884,345 ETN
  • 7 Day high/low: 0.006142 USD / 0.004469 USD

Electroneum Price Comparison:

In the past 30 days, ETN has surely seen some good surges in the market. But it seems to touch down to the lowest again. The highest of the trading value was achieved on 17th June with 0.00000071 against BTC, which is now dropped by 43.66% from then. The lowest was realized since yesterday with a trading value of 0.00000038 and still fluctuating in the same zone.

Electroneum Price Prediction and Conclusion:

It seems like ETN is going to hop away from the Bulls’ trend soon! ETN is now losing the strong attributed to the bullish trend with the price going down every minute. However, with the new partnership and announcement, the price might see some upward movement. But assuming the same to happen and bidding might be a risk factor.

So for now, traders might want to trade under the resistance support of $0.006053 and $0.00445 respectively. Let’s watch the trend if it can grow back to strong bulls!

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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