Electroneum Price Prediction Today: Daily (ETN) Value Forecast – July 8


  • The ETN is currently facing resistance at the Ƀ0.00000055 price level.
  • On the upside, if the price is sustained above the EMAs and the Ƀ0.00000055 resistance is broken; the crypto will rise and retest the Ƀ0.00000070 overhead resistance level.

ETN /BTC Medium-term Trend: Bullish

  • Resistance Levels: Ƀ0.00000060, Ƀ0.00000065, Ƀ0.00000070
  • Support Levels: Ƀ0.0000004 5, Ƀ0.00000040, Ƀ0.00000035

Last week the price of ETN was in a bullish trend. The bulls attempted and broke above the 12-day EMA and the 26-day EMA. The ETN is currently facing resistance at the Ƀ0.00000055 price level. On the upside, if the price is sustained above the EMAs and the Ƀ0.00000055 resistance is broken; the crypto will rise and retest the Ƀ0.00000070 overhead resistance level.

In the first two weeks of June, the crypto’s price was making a series of higher highs and higher lows. 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.

The moving averages are now trending northward indicating that price is rising. On the upside, if the bulls break above the EMAs, the crypto’s price is likely to rise. 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: Bullish

On the 1-hour chart, the price of ETN is in a bullish trend. The 12-day EMA and the 26-day EMA are trending northward. On July 1, the bulls reached a high of Ƀ0.00000046. The crypto s price fell above EMAs and commence a range bound move above it. t However, the ETN price is in the oversold region of the daily stochastic but above the 20% range. This indicates the price is in a bullish momentum and a buy signal.

Live Electroneum (ETN) Price:

1 ETN/USD =$0.0057 change ~ -13.59%

Coin Market Cap

$101.6 Million

24 Hour Volume

$332.24 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.

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