Price Analysis

Electroneum Price Analysis: Electroneum (ETN) Shows A Little Ray Of Positive Trends

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Electroneum has been reaching out to the different edges of the globe. From Thailand to South Africa, the bits and pieces of ETN can be seen everywhere. However, the price trend might not be really impressive for the traders to dive in the pool, but with great visibility and marketing, ETN might shine in the portfolios of the investors soon.

Price Analysis of ETN on 1st July 2019:

ETN is trading at $0.004647 at 08:02 UTC as on 1st July 2019. The other essential factors responsible for the positioning of the coin are calculated as follows:

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Electroneum Price Chart - 1 July
Electroneum Price Chart
  • Return on Investment: -95.06%
  • Market Ranking: 134
  • 24 Hour Volume: 469,408 USD
  • Market Cap Value: 45,229,841 USD
  • Total supply/ Circulating Supply: 9,691,800,221 ETN/ 9,691,800,221 ETN
  • 7 Day high/ low: 0.005952 USD/ 0.004351 USD

Electroneum Price Comparison:

Considering the last few days of June and today, on 26th June, ETN was trading at 0.00000048 BTC which then decreased by 20.79% on the next day. The fluctuations were then seen in the bearish zone only. Yesterday, the coin was trading with an increase of 21.22% at the price of 0.00000046 BTC, which is now decreased by 8.6% from then.

Electroneum Price Prediction and Conclusion:

ETN, in terms of Bitcoin, has been showing a constant downside trend, which is becoming a concern for the traders and investors already. That explains the decreasing 24-hour volume and circulating supplies in the network. However, the market still seems to be in the bullish trend, but there might be lesser chances for the trend to move strongly in that direction for a long time.

It might not be wrong to say that ETN must come up with big fat announcements to acquire the attention of the traders and investors. Otherwise, they might go off the board soon.

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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