Price Analysis

Electroneum Price Analysis: ETN Gaining Attention Of Investors With Improved Ranking

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There is no big fat news and updates posted by Electroneum recently. Seems like, they are still busy with CryptoCompare Summit. However, as analyzed before the marketing strategies and announcements of Twitter and other social media platform is certainly catching the eyes of cryptocurrency followers. But it does seem to increase the potential of ETN in the real market, seeing the overall performance since the beginning of ETN on exchange!

Let’s see if there is any surprise in the trend now!

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Price Analysis of ETN Coin on 17th June 2019:

Electroneum Price Chart - 17 June

The value of ETN is trading at $0.006084 on 17th June 2019 at 06:07 UTC. The value is showing some fluctuations on short term analysis, and as of today. The surging is generally seen in an upward motion.

The Return on Investment of ETN is calculated around -93.56%. The market rank of the coin is positioned at number 107. The Market Cap of ETN is 58,526,158 USD with 24-hour volume calculated at 636,987 USD. The total and circulating supply of ETN is same at 9,619,718,301 ETN.

The ranking and market cap value has definitely shown some better figures, but is it really acquiring attention from the traders?

ETN Price Comparison:

Speaking of the value against BTC, yesterday was a delight for the ETN followers. The highest of 5 days was seen yesterday with value trading at 0.00000071 against BTC. The value has dropped by 8.45%. The lowest, on the other hand, was realized on 12th June with value 0.0000056 against BTC. The value has increased by 16.07% from then. The value since today is surging on the opposite side, but it might surge in the upward direction too!

Electroneum Price Prediction and Comparison:

Traders might want to bid under the resistance support of $0.00572 and $0.0456. Right now, ETN is showing bull’s market, which is acquiring attention from the followers. However, whether it can increase the number of traders in the pool still needs to be looked upon.

ETN has definitely seen the better ranking in the market with amazing marketing approach and visibility of the coin. Let’s hope that it continues to push to increase every essential value and other factors to sustain in the game.

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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