Electroneum Price Analysis: Watch Out As The Electroneum (ETN) Future May Not Be Doomed Yet
- Electroneum’s new app may be the much-awaited move to save the downfall
- Electroneum increases ETN usage through instant anywhere payment options
Electroneum holders across the globe may be cringing and regretting their decision to invest in the currency as there has been no respite for the last five months. But the second half of the year may bring an upward trend as the firm invests in increasing Electroneum app download.
Check out the Electroneum M1 in all its glory … sporting the new speedy registration process! Available now on Amazon for only £59.95: https://t.co/b7y55r48jY
A huge thanks to @msystem9 for producing and supplying the video. #Electroneum #ETN #ETNEverywhere pic.twitter.com/Z2EfOu1dRi
— electroneum (@electroneum) May 20, 2019
Moreover, the availability of payment option from anywhere in the world is also making is accessible from the remotest areas. The current market data shows a mixed picture.
Great use of ETN instant payment! In-game top up with #crypto.
Watch the video here👇
https://t.co/RxWnP4O1gY
#Electroneum #ETN #ETNEverywhere pic.twitter.com/Llg8fe5uEM— electroneum (@electroneum) May 24, 2019
ETN Price Statistics:
The below graph represents the price movement of ETN coin over the last three months, and as depicted very clearly, there has been a constant downtrend in the ETN value with not even a single moment of respite. The graph is observed on June 1, 2019, at 07:40:31 UTC and showcases below statistics:
- The price of the ETN coin is trading at $0.0041 & 0.00000048
- The 24 h volume has reached $437,141
- The market cap is noted at $39,467,433
- The ROI of Electroneum coin is noted at -95.62%
- The circulating supply of the coin is now 9,537,666,360 ETN
In the last three months, the price of the ETN coin has fallen from $0.0057 or 0.00000155 BTC to 0.00000048 BTC or $0.0041. At the beginning of 2019, the price of the ETN was noted at $0.0073. The business model of the coin has the potential for mass adoption, but there has been a lag in the implementation approach. In the last 30 days, there has been a downtrend of over 21% in the overall coin value. As shown in the RSI indicator, the ETN asset was overbought during mid-April and was oversold during the beginning of May.
Electroneum Price Prediction:
There is enough recovery time for ETN still left in 2019 and as this year is predicted to be the year for cryptocurrencies the hope is still alive. The price of ETN can reach up to $0.09 by the end of 2019 and can reach $0.9 in the next two years.
Conclusion:
This may be a time when the coin is falling to its low, but it may just be a storm before it takes an upward swing. It is advised to hold on to the currency and wait for revival.
