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Price Analysis

Electroneum Price Analysis: ETN Price Surge In Market; Future Prospects Look Good

Electroneum is reflecting a bullish trend in the market. The ETN coin price is at the highest as compared to the last week’s prices. The market is also moving upwards. The uptrend is anticipated to have legs.

The crypto market was anticipated to open the third quarter with a big smile. But, contradictory to everyone’s belief the coin started falling down. However, the mid of the week tried to bring the price up, but the same remained a dream.

The second week of the third quarter has started. The same has brought some hopes as the price is moving up. We are positive that ETN coin will score well on the chart today. Also, the trend is expected to continue with the same momentum.

ETN Price Analysis:

The price chart is taken from Trading View on 8th July 2019, at 04:36:33 UTC for price analysis.

Electroneum price chart - july 8

The first day of the third quarter opened with 0.0000004050 BTC. The coin jumped from 0.0000004050 BTC to 0.0000004678 BTC and booked a progression of 15.52%. Later, the coin slipped from 0.0000004678 BTC to 0.0000004208 BTC by 10.02%. The lowest price of 0.0000003960 BTC was touched on 2nd July. On 3rd and 4th July, the token kept it tight around 0.0000004300 BTC. From 5th July, the coin embarked the upsurge. Since 6th July there were two escalations marked which took the price up from 0.0000004280 BTC to 0.0000004600 BTC by 7.47% and 0.0000004369 BTC to 0.0000004756 BTC by 8.85%.

Particulars Electroneum (ETN)
Price (USD)0.006711 USD
Rank105
Market cap65,271,603 USD
Circulating Supply9,726,509,642 ETN
ROI (Return on Investment)-92.89%
24hr Volume588,406 USD

Electroneum Price Prediction and Conclusion:

The traders have always kept an eye on Electroneum (ETN) due to its price momentum. The same has resulted fruitfully, and now after a heavy price drop, ETN is back with the bullish trend. The coin is anticipated to cross 0.00000060 BTC by the end of July. Towards the end of 2019, Electroneum is anticipated to cross 0.00000100 BTC.

The short-term investment in the coin is showing great signs. The traders with a similar period in mind can dig in, to book profits.

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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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