Electroneum Price Analysis: ETN Is Losing The Bullish Characteristics Soon!

Electroneum is proudly marketing its initiatives with the South East Asian region as one of the accepted currencies in that region. This might help in increasing the number of users in the network, but they really need to work on some big fat partnerships for the valuation to grow in the right direction.

Price Analysis of ETN on 29th June 2019:

The value of ETN is trading at $0.004636 at 08:35 UTC time on 29th June 2019. The other factors contributing to the ETN chart are as follows:

Electroneum Price Chart - 29 June
Electroneum Price Chart
  • Return on Investment: -95.07%
  • 24 Hour Volume: 344,071 USD
  • Market Cap: 45,066,837 USD
  • Total supply/Circulating Supply: 9,681,717,412 ETN/ 9,681,717,412 ETN
  • 7 Day high/low: 0.006142 USD / 0.004413 USD

Electroneum Price Comparison:

The value of ETN is only moving in the downward zone now. The highest from past 5 days was last seen on 24th June with a trading value of 0.00000057 against BTC which dropped by 33.59% and was realized as the lowest with a trading value of 0.00000038 on 26th June 2019. The value from then is fluctuation in the same zone.

Electroneum Price Prediction and Conclusion:

Considering the data of ETN since the beginning, Electroneum is still showing some characters of Bulls’ trend, which may or may not continue to follow in the same direction. The fluctuations before were seemingly in a good direction where traders might have made some profits, but as of now, the best thing to do is to watch the trend closely.

The resistance and support levels are calculated between $0.00544 and $0.00424, respectively. ETN surely has acquired attention in the network but still, need to work on the upsurge of their valuation.

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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