Electroneum Price Prediction Today: Daily (ETN) Value Forecast – June 24


  • The ETN market was on a downward correction to a low at Ƀ0.00000053.
  • If the bearish trend continues, the crypto will reach the low at Ƀ0.00000046.

ETN /BTC Medium-term Trend: Bullish

  • Resistance Levels: : Ƀ0.00000060, Ƀ0.00000065, Ƀ0.00000070
  • Support Levels: Ƀ0.00000050, Ƀ0.00000045, Ƀ0.00000035

Last week the price of ETN was in a bullish trend. On June 17, the crypto’s price reached a high of Ƀ0.00000070 but was resisted. The ETN market was a downward correction to a low at Ƀ0.00000053. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall. If the bearish trend continues, the crypto will reach the low at Ƀ0.00000046.

From the Fibonacci tool, ETN price has broken the continuation zone of 0.236 and 0.382 Fib. retracement level. The crypto’s price has also broken the downtrend zones but found support at the 0.786 Fib. retracement level. The current trend of ETN has been reversed. Meanwhile, the price of ETN is in the oversold region of the daily stochastic but above 20% 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 sloping horizontally. The price of ETN is below and above the EMAs which indicates that price is in a sideways trend. 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 =$0.0106 change ~ 2.83%

Coin Market Cap

$108.41 Million

24 Hour Volume

$787.74 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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