Looking at the four-hour ETN/USD chart, traders can see that the asset is trending bullish. In late October, Electroneum broke through the 200-Day Moving Average and is currently consolidated above it. If Electroneum manages to stay above $0.0045, then $0.005/$0.0057/$0.0066 are the resistance levels to watch. Currently, ETN is trading at $0.0049 per token, above the double bullish cross of the 200MA and 12- & 26- Day Exponential Moving Averages, respectively. If the asset drops below $0.0045, watch for $0.0043/$0.0037 as the closest support levels.
Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. Electroneum’s 14-day RSI is at 50.55, indicating that ETN is currently neutral. This could be an indication that Electroneum is a bad buy in 2023. However, it’s important to consider both technical factors and fundamental factors (on-chain activity and development) before making the decision to buy Electroneum or not. Currencies that are positively correlated with Electroneum indicate that the movement of one has a statistically significant weight to lead the other in the same direction. Real-time analyst ratings, insider transactions, earnings data, and more.
50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the ETN price moves above any of these averages, it is generally seen as a bullish sign for Electroneum. Conversely, a drop below an important moving average is usually a sign of weakness in the ETN market. Moving averages are among the most popular Electroneum price prediction tools.
Electroneum’s price for 2032 according to our analysis should range between $0.022 to $0.033 and the average price of ETN should be around $0.027. Electroneum’s price for 2031 according to our analysis should range between $0.017 to $0.025 and the average price of ETN should be around $0.021. Electroneum’s price for 2030 according to our analysis should range between $0.013 to $0.019 and the average price of ETN should be around $0.016. Electroneum’s price for 2029 according to our analysis should range between $0.01 to $0.015 and the average price of ETN should be around $0.012. Electroneum’s price for 2028 according to our analysis should range between $0.0078 to $0.011 and the average price of ETN should be around $0.0097.
So, with offering different way to earn https://bitcoin-mining.biz/ and HODL in official App, they do not recommend uses any third-party wallet and application. Electroneum as of writing completed 6 years in the market and their team continues to upgrade their product as per current requirement. ETN prices need to be pump for better because recent volume drop causing downfall of token price.
Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision. However, Electroneum has not shown similar levels of performance. Investors who look at past performance as a measure of success may not be interested in investing in Electroneum. Apart from being very user-friendly and easy to mine, there are few other significant differences between Electroneum and Bitcoin.
Electroneum Price Prediction 2023 | 2025 | 2030 – Future Forecast for ETN Price
If we estimate the five-year plan, it is estimated that the coin will easily reach the $0.016 mark. The future of Electroneum is highly dependent on the overall performance of the crypto industry. When it comes to investing in ETN, you need to make sure that you are using the right strategy. This type of investment is not suited for those with an asymmetric risk profile. However, it is still an excellent investment for those who have a high tolerance for risk and a solid financial position.
- In January 2020, Google introduced cosmetic improvements to their “mobile mining” process, which will give them $3 each month for using their app.
- The bad news continues according to the technical analysis from Coinliker.
- The info contained herein is based on data that was gathered from a variety of sources.
- Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2.
The currency can be generated by a unique mobile miner running in the background on a smartphone. Thanks to the speed of ETN transactions, it is easy to transfer between different users and applications on the smartphone. Electroneum’s value is projected to climb further as scarcity encourages price increases. Simply invest in what you can do before drawing any judgments and conducting as much research as possible.
Electroneum (ETN) price prediction 2030
For game owners, Electroneum features become a tool for additional retention of the users. Having an opportunity to earn a rare game currency and sell it, a player will remain in the system at least for the sake of earning money. For a user, this aspect becomes an excellent opportunity to save the accumulated funds and withdraw them to another game or real money. Time spent in games is not wasted for nothing, creating a prospect of earning.
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
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In the first quarter, the value of ETN fluctuated between $0.005 and $0.007. Now the third quarter is underway and Electroneum is still trading at $0.002 $0.003 per token. For Q4 2022, most analysts, including DigitalCoinPrice and PricePrediction, agree that the coin has a chance to hit $0.004.
Electroneum is the first British-based cryptocurrency with its own blockchain. Its ICO dates back to fall 2017, when it attracted about $40 million. By the way, ETN ICO is considered to be unbeaten given the number of participants to date. The campaign was very successful at that time, and, pretty soon, the crypto entered all the major cryptocurrency exchanges. Cryptocurrencies and derivative instruments based on cryptocurrencies are complex instruments and come with a high risk of losing money rapidly due to leverage and extreme asset volatility. You should carefully consider whether you fully understand how cryptocurrency trading works and whether you can afford to take the high risk of losing all your invested money.
You can practise https://currency-trading.org/ CFDs risk-free by opening a Libertex demo account. Expert opinions, as well as Electroneum price predictions, significantly differ since this cryptocurrency is highly volatile. Since Electroneum hasn’t managed to become popular yet, you may not find ready-made technical analysis on the web, at least not for free. That’s why understanding the basics is vital if you’re seriously considering trading this cryptocurrency.
Electroneum is facing a hard time getting on board with other crypto coins. The coin is still showing risking framing segments for past few days, the coin might have strong fundamentals but, we don’t think that it would a profitable asset in short term. However, it shouldn’t be the reason to indulge in a panic since it’s mostly the sign of maturation, while our mid-term and especially long-term forecasts play out almost to perfection. This puts an enormous emotional strain even on experienced investors and traders, especially during times of market downturns.
According to the Electroneum Price Prediction model above, ETN’s price in 2029 would be $0.012. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation.
Long-Term Electroneum Price Predictions by Experts
FUD or Fear, Uncertainty, and Doubt around digital assets tend to influence market behavior and decision-making. There are several factors that could be contributing to the recent decline in Electroneum’s price. First, the FTX contagion has a negative impact on the cryptocurrency market whereby cryptocurrency prices declined in prices amid the global sell-off. Additionally, there has been increased regulatory uncertainty around cryptocurrencies in general, which may also be contributing to ETN’s price decline. The top cryptocurrency exchanges for trading in Electroneum stock are currentlyKuCoin,Huobi, HitBTC, CoinEx, and ProBit Global. The goal of Electroneum is to reach out to the millions who do not have access to a banking system but own a smartphone, like PayPal, but with cryptocurrencies.
How areregular people making returns of as much as 70% in a year with no risk? By properly setting up a FREE Pionex grid bot – click the button to learn more. Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend. Is always harder so you might want to avoid this curremcy if you are not a veteran. Always read up on optimal investment strategies if you are new to investing.
Electroneum price prediction 2023 using technical analysis
With a brokerage, however, there is no “other person” – you come and https://cryptominer.services/ your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses are usually just thrown under the umbrella term – exchange. Electroneum price predictions indicate that they may be a good long-term investment but there are mixed forecasts.