Price Analysis

Electroneum Price Analysis: ETN After Escalations In last One Month Is Now Showing Downtrend!

With Brazil expansion in the picture, ETN might be able to improve their ranking and number of suppliers and users in the network. Let’s hope that ETN can switch to a strong bullish zone soon!

Current Statistics of Electroneum:

ETN price is recently seen trading at $0.004751 at 02:08 UTC on 8th August 2019. The other essentials are as follows:

  • Return on Investment: -94.97%
  • Total supply/Circulating Supply: 9,764,868,728 ETN/ 9,764,868,728 ETN
  • 24 Hour Volume: 212,733 USD
  • Market Cap: 46,392,689 USD
  • 7 Day high/low: 0.005295 USD / 0.004495 USD

ETN to BTC Price Comparison:

Electroneum Price Prediction
Electroneum Price Chart by TradingView

On 9th July, the value was initially trading at 0.0000005526 BTC value at 07:30 UTC. The value dropped by 15.71% by 14:30 UTC on 12th July. The value was seen escalating by 28.49% on 14th July at 09:00 UTC trading at 0.0000005983. The value saw a drop again by 20.81% on 23rd July at 05:30 UTC trading at 0.0000004783.

ETN price was slightly increased by 6.63% on 25th July at 19:00 UTC trading at 0.0000005052. The value saw a drastic drop after that by 25.55% on 8th August at 08:30 UTC trading at 0.0000003761. The value by 6th August was escalated by 19.77% at 13:30 UTC trading at 0.0000004498, which is dropped again as of now.

Electroneum Price Prediction and Conclusion:

ETN is as of late observed exchanging the bearish zone, which means new entrants purchasing Electroneum may be a decent exchange choice starting at now. Traders, be that as it may, might need to sit tight for some more opportunity to build a solid portfolio and appreciate the profits soon. Be that as it may, they can definitely choose their exchange venture under the resistance and support level of:

Resistance Levels:

R3: 0.0053

R2: 0.005166

R1: 0.004997

Support Levels:

S1: 0.004694

S2: 0.00456

S3: 0.004391

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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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