Electroneum (ETN) Price Analysis: Let No Expectations Rise From ETN’s Consistent Descending Nature

The price charts of ETN shows that it is invalidating its own support zone and is reaching as low a possible. As there is no fundamental driving force, its hard to imagine that ETN can regain its value back. The only thing that crypto analysts are saying regarding ETN is that to wait for the bull trend and then, to observe the price range of the same. There is no sense from the Electroneum price charts as it is running irrationally low. Electroneum price has also been suffering from terrible brand presence and fragile fundamentals for a long time back.

We must not forget the turbulent nature of BTC. Its hike and lows can drastically impact every other crypto including price of Electroneum. The trading volume of ETN price has got really scantly and is basically nonexistent as it is not listed on any legit exchange. It has been ranked in the “F” category which means total fragile with overall 404 points. There is no such development news regarding this crypto which can give positive vibes to the investors.

Current Electroneum Price Status:

  • Present market cap: 38,822,236 USD
  • Market value: 0.004110 USD
  • Market rank: 128
  • Circulating supply: 9,446,823,565 ETN

ETN Coin Price Analysis and Future Predictions:

electroneum price chart

The above chart shows that at present, price of Electroneum is getting traded at 0.004096 USD or 0.00000052 BTC. Its current 24h volume is worth of 783,081 USD (UTC time 08:19). The same chart shows that approx. 1 month earlier, Electroneum had a trading volume of 0.005395 USD with a market cap of 50,230,657 USD. So, within this one month, the value of ETN coin has shrunk by -24.07%.

Accordingly, we think that by the end of 2019, if the market condition improves, then, ETN coin price can have a value of 0.0300 USD by the end of the year.

 

 

Credits: https://www.cryptonewsz.com

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