Electroneum Price Prediction Today: Daily (ETN) Value Forecast – July 29


  • On the upside, if the bulls break above the EMAs, the crypto’s price is likely to rise to retest the Ƀ0.00000070 price level.
  • As the price is ranging below the EMAs, the crypto is likely to face either a bullish or bearish breakout.

ETN /BTC Medium-term Trend: Bullish

  • Resistance Levels: Ƀ0.00000060, Ƀ0.00000065, Ƀ0.00000070
  • Support Levels: Ƀ0.0000004 0, Ƀ0.00000035, Ƀ0.00000030

Last week the price of ETN was trading below the 12-day EMA and the 26-day EMA. The EMAs are trending horizontally indicating that price is in a sideways trend. As the price is ranging below the EMAs, the crypto is likely to face either a bullish or bearish breakout.

In retrospect, on June 17, the ETN market reached a high of Ƀ0.00000070. On June 18, the bulls were resisted and ETN market was on a downward correction to a low at Ƀ0.00000039.On the upside, if the bulls break above the EMAs, the crypto’s price is likely to rise to retest the Ƀ0.00000070 price level.

However, if the bulls failed to break the EMAs, the crypto will be in a range bound move below the EMAs. Meanwhile, the price of ETN is in the oversold region of the daily stochastic but above 40% range. This indicates that the price of ETN is in a bullish momentum and a buy signal.

ETN/BTC Short-term Trend: Ranging

On the 1-hour chart, the price of ETN is in a sideways trend. The 12-day EMA and the 26-day EMA are trending horizontally. The crypto’s price is fluctuating below and above the 12-day EMA and the 26-day EMA indicating that price is in a sideways trend. However, the ETN price is in the oversold region of the daily stochastic but below the 20% range. This indicates the price is in a bearish momentum and a sell signal.

Live Electroneum (ETN) Price:

1 ETN/USD =$0.0088 change ~ 3.09%

Coin Market Cap

$157.02 Million

24 Hour Volume

$249.16 K

24 Hour VWAP

$0

24 Hour Change

$0.00

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

 

 

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide