Price Analysis

Electroneum Price Reaches 0.00000036 BTC, Can It Surge Back To 0.00000040 BTC?

Electroneum was valued at 0.00000036 BTC prior to five days on 26-Aug-19 at 05:00 UTC. It rose marginally to 0.00000038 BTC before falling again to 0.00000035 BTC. It did rise to 0.00000040 BTC on 30th Aug, before falling again to 0.00000035 BTC. Over the past 5 days, the movement of the coin has seen several steady rises and falls with the ETN coin being traded in the range of 0.00000036 and 0.00000040 against BTC. While writing this analysis, the movement of the coin was indicating a bearish run.

Price Comparison of Electroneum is herewith given below:

 

ETN Price Analysis and Future Predictions:

ETN price was trading at 0.00000040 BTC on 30-Aug-19 at 02:45 UTC and is currently valued at 0.00000036 BTC which indicates that the coin is at present reflecting a bearish trend by 10%.

We anticipate that ETN will slowly begin to rise upwards and may reach 0.00000037 BTC by the end of the day tomorrow. In the coming month of October,19 the coin may be traded in the range of 0.00000036 and 0.00000037 against Bitcoin.

As per the present trend of Electroneum, you may purchase new coins or sell the old coins as per your discretion. The MACD indicator also points out that ETN coin is at present reflecting a downward movement. The coin may be traded close to 0.00000040 BTC by the end of this year. Trading on short-term basis on Electroneum may not be that fruitful

John Spann

John Spann is a full time news writer in CryptoMoonPress team. He holds post graduate degree in english language and literature. He is engaged to financial markets from 2010. He has written for some of foremost magazines of corporate firms. From last five years, he is closely involved in writing and analyzing of cryptocurrencies.

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