Electroneum Price Prediction Today: Daily (ETN) Value Forecast – July 31


  • 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.

ETN /BTC Medium-term Trend: Ranging

  • Resistance Levels: Ƀ0.00000060, Ƀ0.00000065, Ƀ0.00000070
  • Support Levels: Ƀ0.00000040, Ƀ0.00000035, Ƀ0.00000030

Yesterday, July 30, the price of ETN was in a range bound move below the 12-day EMA and the 26-day EMA. The  EMAs are horizontally flat coupled with small body candlesticks indicating that price is in a sideways trend.

However, the crypto's price is characterized by small body candlestick  like the Doji and Spinning tops which described the indecision between the buyers and sellers at the current market price.  The  price will continue to range below the EMAs as long as the small body candlestick  dominate  the chart.

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 below 20% range. This indicates that the price of ETN is in a bearish momentum and a sell 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 likely to fall. 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 =$0.0241 change ~ 4.44%

Coin Market Cap

$430.33 Million

24 Hour Volume

$2.37 Million

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.

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