Electroneum Price Analysis: Parabolic Drive of ETN

Electroneum Price Analysis:

Electroneum (ETN) is different from any other cryptocurrency because of many reasons. First, the target of Electroneum (ETN) is mobile audience and smart phone users. Secondly, the transactions of this token is five time faster than Bitcoin.

Electroneum Price Analysis will help traders and investors who invested in in this coin by understanding the trends of coin at present as well as in future through Electroneum Price Prediction.

Electroneum (ETN) News:

The official account of Electroneum (ETN) tweeted on June 27

First dental clinic in Thailand to accept ETN!#Electroneum #ETN #ETNEverywhere

 

It means patients can use Electroneum coins to pay their bills.

Electroneum claimed that they have 3M users now

We’re very happy to announce we reached 3M users today. A massive Thank You to every single one of you in the ever-growing Electroneum Family.#electroneum #etn #ETNEverywhere

 

Electroneum Statistics:

  • The total market cap of Electroneum is $45,745,822 USD and 4,012 BTC.
  • The 24 hour volume is $407,669 USD and 35.75 BTC.
  • The total circulating supply of Electroneum is 9,703,773,138 ETN and maximum supply of coin is 21,000,000,000 ETN.
  • The ranking of Electroneum on Coin Market Cap is #133

 

Price of Electroneum:

The current price of Electroneum (ETN) is $0.004714 USD and 0.00000041 BTC. The price value of Electroneum coin is increased by 9.33% in 24 hours.

Electroneum Price Comparison:

There was a parabolic movement of trend line in whole month of Electroneum. Neither bullish trend win nor bearish trend but there was a continuous fight between them.

Source: Coin Market Cap

The price values of whole week show a volatility of trend line from downward to upward and upward to downward. The price value of Electroneum on june26 was at $0.005388 USD and on July 1 was at $0.005077 USD.

Today, the current value is $0.004722 USD. These closely related price values give us the notion about alongside movement of trend line rather than bending in upward or downward direction.

Source: Coin Market Cap

Electroneum Price Prediction:

If you are pondering about investment in Electroneum (ETN) for a long term, then it may be very risky as trend showing that its value may be devalued in near future.

But price value of Electroneum may increase in next coming day but not for longer period of time.

The price value of Electroneum may fall from $0.004714 USD to 0.00185 USD.

The expected resistance values are 0.00528 USD, 0.00490USD and 0.00470USD respectively.

The expected support level values are 0.0041 USD, 0.00373USD and 0.00352USD respectively.

Conclusion:

The detailed analysis of Electroneum (ETN) tells us clearly about its parabolic movement from whole last week. The technical analysis and charts delivering notion about its plummet in future

 

  • Please feel free to share your prediction about price value of Electroneum (ETN) coin. We will consider your point of view and it will motivate us to present you with price analysis of different coins.
  • If you want from us to give a detailed analysis of any coin, please leave a comment in comment box.

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Josh Welson

A writer & digital marketing expert working in this industry from past 12 years.

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