Electroneum Price Analysis: ETN Continues To Exhibit The Bullish Trend

ETN is becoming a part of popular discussions on twitter. Many followers are already talking about the bulls’ nature of ETN by updating videos and MEMEs of the same. However, whether ETN coin will continue to run in the bulls’ trend or not remains a question looking at the previous trend. Let’s look into the current trading scenario of the coin:

Price Analysis of Electroneum on 20th June 2019

The value of ETN is trading at $0.005826 at 10:45 UTC on 20th June 2019. The other essential factors in the statistics are as follows:

Return of Investment -93.83%
Market Ranking 117 (which was 115 yesterday)
Circulating Supply 9,636,383,804 ETN
Total Supply 9,636,383,804 ETN
Market Cap 56,143,210 USD
24 Hour Volume 272,944 USD

ETN Price Comparison:

Electroneum price chart - june 20

If we notice the trends from the past 30 days, the value now is trading above the baseline. Currently, the price (BTC) is valued at 0.00000063. The value now has increased over 36 % from the lowest of 3rd June with value trading at 0.00000046 BTC but is dropped by 11.26% from the highest of 17th June with value trading at 0.00000071.

Electroneum Prediction and Conclusion:

As compared to the former time frame of the said 30 days, the current trend has a bullish outlook. After acquiring the highest on 17th June, it has surely engaged the users on the Electroneum network. In fact, many users are waiting for ETN to the official launch in their respective countries.

It is expected that the value of ETN coin price might reach up to $0.008 by the end of 2019 if the trend continues to move in the upward direction. Till then, traders can bid under the resistance level and support level between $0.00645 and $0.00527 respectively.

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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