ELECTRONEUM Price Prediction Today: Daily (ETN) Value Forecast – July 11
- ETN/USD has managed to surge a bit northwards past B0.0000005, and, got resisted around a high point at B0.0000006 in the process to continue with the previous range moving mote.
- The ETN/USD bears may press down the market value to the south towards approaching a low at B0.0000004 or a bit below it.
ETN/BTC Medium-term Trend: Ranging
- Resistance levels: B0.0000007, B0.0000008, B0.0000009
- Support levels: B0.0000003, B0.0000002, B0.0000001
The market operations between ELECTRONEUM and the BTC still feature in a range over a couple of days back. The crypto has although managed to surge a bit northwards past B0.0000005 mark on July 8. But, the pair got resisted around a high point at B0.0000006 in the process.
All the indicators now point towards the east direction as both the Bollinger Lower Band and the 50-day SMA are conjoined. The Stochastic Oscillators now attempting to cross a bit above range 40. And, they are likely to point to the south afterward.
The pair, having had a rejection around the B0.0000006 mark, is now prone to seeing a downward price movement in near time, especially while the SMA indicator has to breach southward in the aftermath.
ETN/USD Short-term Trend: Ranging
In the short-term run of ETN/USD market, price has been witnessing an intense range movement today. The choppy price movements have been aligned most visibly around a mark at B0.00000045.
Yesterday, the crypto’s value went down at point to test a low mark around $1.41 or thereabout. As at the time of writing, the market has continued to hover around the B0.00000045 mark. All the indicators are also found around the said price line. And, they point to the east direction. The Stochastic Oscillators now join the hairs together to consolidate at range 40.
To some reasonable extent, indications are in support of seeing the bears pressing down this market value to the south. And, while that sentiment plays out, a low price point may be seen at around B0.0000004 or a bit below it.
Live Electroneum (ETN) Price:
1 ETN/USD =$0.0063 change ~ 2.68%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.