ELECTRONEUM Price Prediction Today: Daily (ETN) Value Forecast – July 18
- The ETN/BTC market has been fluctuating around the median and the lower range spots.
- A bullish correction of the market in against of its 50-day SMA indicator may aide bearish move’s return in the short run.
ETN/BTC Medium-term Trend: Ranging
- Resistance levels: B0.00000065, B0.0000007, B0.00000075
- Support levels: B0.00000045, B0.0000004, B0.00000035
The market activities between ELECTRONEUM and the US dollar have been witnessing variant rises and falls around B0.0000006, B0.00000055, and B0.0000005 price levels. The pair hovered around the upper range spot on July 16. But, now, the market has been fluctuating around the median and the lower range spots.
All the trading indicators are in the range lines pointing towards the east. The Bollinger Lower Band and the 50-day SMA are near to the B0.0000005 lower range mark. The Stochastic Oscillators now move in a consolidation mode around range 20.
The ETN/BTC market’s resistance point remains at the B0.0000006 upper range mark. Meanwhile, the B0.0000005 lower range point may suggest an end to more probable upswings of the bulls if eventually broken downward.
ETN/USD Short-term Trend: Ranging
The ETN/USD market has been trading in ranges of B0.00000054 and B0.0000005 points today. As at the time of writing, the crypto’s price is fluctuating around the upper range spot in the short-term run of the market. Yesterday, almost the same range price levels were witnessed.
The 50-day SMA with the Bollinger Upper Band is located at the upper range spot, slightly indicating southward direction of the market. The Stochastic Oscillators have opened the hairs at range 40. And, they briefly point to the north.
The ENT/USD trade may face resistance around B0.00000058 price level. And, that point, the bears could potentially find a decent entry of the market. A bullish correction of the market in against of its 50-day SMA indicator may also be an added advantage to signify a bearish move’s return in the short run.
Live Electroneum (ETN) Price:
1 ETN/USD =$0.0169 change ~ -13.83%
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