Price Analysis

Electroneum Price Analysis: ETN May Catch The Eyes Of Investors With Bullish Trends Soon

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After the presence and involvement of Richard Els, CEO of ETN on Crypto Compare Summit, it has definitely improved the capitalization of ETN. It was about the time when people have started believing in the vision of Richard Els. It has definitely improved the market of ETN in the past few days.

Let’s see if the charm of Richard Els is still shining on the ETN chart.

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Price Analysis of ETN Coin on 21st June 2019:

At the time of penning down, the value of ETN Coin price is trading at $0.005653 at 4:46 UTC on 21st June 2019. The other essential variables of Electroneum market statistics are as below:

Electroneum Price Chart - 21 June
Electroneum Price Chart
  • Return on Investment: -94.01%
  • Total supply/Circulating Supply: 100,000,000 ETN/ 9,640,171,218 ETN
  • Market Cap Value: 54,494,219 USD
  • 24 Hour Volume: 260,709 USD
  • 7 Day high/low: 0.006575 USD / 0.004754 USD
  • Market Ranking: 116

ETN Price Comparison:

The ETN market seems to be plunging as highlighted in the past 24 hours, since the day break yesterday. The highest in the said time frame was seen on 19th June with value trading at 0.00000066 BTC. Today at 4:21 UTC, the value already touched down the lowest in the 24 hours since yesterday at 0.00000057 BTC. However, right now, it is trading at a point above at 0.00000058 BTC. The market has dropped by 12% from the highest of 19th June.

Electroneum Price Prediction and Conclusion:

After graceful days of upward-surging, the value of ETN is dropping again in the bearish zone. However, with the increasing popularity and confidence in ETN, the market might soon rise for the betterment. For new traders, it might be a good time to buy ETN, and for those who are in the pool for a long time now, they must wait for some more time till ETN surges upwards.

Till then traders might want to consider resistance level and support level between $0.00622 and $0.00541 respectively. The market on totality is still bullish considering the data of the past 30 days.

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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