Home Technical Analysis Electroneum Price Analysis: Electroneum (ETN) Fluctuating With Remarkable Escalations

Electroneum Price Analysis: Electroneum (ETN) Fluctuating With Remarkable Escalations

After the release of the software update, ETN has been rising in the upward direction. It might attract many other exchanges to join hands with Electroneum soon! Let’s hope that it happens soon for ETN to sustain its momentum. Electroneum is fluctuating good profits to the investors right now, and hopefully will continue to do so in the future as well!

Electroneum Price Analysis

Currently, the ETN coin price is trading at $0.006549 at 05:26 UTC on 9th July 2019, which is quite a remarkable hike. The other calculated factors contributing to the ETN chart are as follows:

  • Return of Investment: -93.06%
  • 24 Hour Volume: 1,309,124 USD
  • Market Cap: 63,702,897 USD
  • Total supply/Circulating Supply: 9,727,604,764 ETN/ 9,727,604,764 ETN
  • 7 Day high/low: 0.007045 USD / 0.003929 USD

ETN Price Comparison

 

On comparing the last week data, it was seen that ETN had seen a remarkable escalation in the price against BTC value. The last lowest was realized on 5th Jul with 0.00000040 BTC at 06:05 UTC which was increased by 22.85% by 7th Jul at 20:30 UTC with a trading value of 0.00000049 BTC. This was still a pivot point, and then the value was further increased by 18.80% on 8th Jul 08:25 UTC with 0.00000058 BTC.

However, in a few hours, the value was dropped by 20.80% at 11:25 UTC with 0.00000046. This value is now increased by 10.8% with a trading value of 0.00000051 as of now at 05:26 UTC, 9th July 2019.

Electroneum Price Prediction and Conclusion

ETN is playing quite a strong bullish trend these days. After the software updates, the valuation has seen remarkable progress. But it still needs to work on the trust of traders as the market ranking is not that impressive that. But with the grown seen right now, Electroneum might rank under 100 top coins in the coming months.

For now, traders must enjoy the profits in the bullish nature by ‘selling’ the coin. By the end of 2019, the value might trade around $0.0075.

Marisol Contreras
Marisol Contreras
Marisol is a crypto analyst and crypto trader. She invests in various cryptocurrencies and has a great idea about the finance market. She works as a chief editor of our team and makes the latest crypto news. She can be contacted by email: marisol@forexnews.world.

Must Read

Export Retention Standardized for All Sectors by RBZ

The Reserve Bank of Zimbabwe announced on August 21 that it had set the threshold for foreign currency retention at 70% for all exporters....

Bitmax confirms that COTI is available for Fiat purchase

COTI is the 1st blockchain protocol in the world that has been optimized for decentralized payments. It has been specifically designed to be used...

Fiscal Stimulus of $306 Billion to Revive the Power Distribution Sector of India

The Covid-19 pandemic has brought the power distribution companies (DISCOMS) in India to their knees. They are currently facing massive cash flow problems and...

Dollar Moves Higher Due to Positive Sentiments in the Currency Markets

The dollar moved higher today, snapping a seven week-long losing streak. It was supported by stronger jobs data and global currency market demand for...

No Consensus by Lawmakers on U.S Fiscal Package—Dollar Takes A Hit

As U.S lawmakers, the Republicans and the Democrats fail to reach a consensus on the way forward for an economic stimulus package, the dollar...