So, let’s first learn a little bit about Electroneum itself before getting into ETN price predictions. While cryptocurrency is an extremely unpredictable market, the aim of this guide is to provide as much information as which currency pair is most profitable in forex possible. It is always recommended to consult a financial expert before making an investment in cryptocurrencies. In August, the price fell even harder, breaking the $0.004 support level, but that wasn’t its bottom.
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Electroneum. The chart below shows how search volume has changed for the phrase “Electroneum Coin” over the last 90 days. Meanwhile, our long-term ETN coin price prediction 2021 is bullish. It has a high possibility of surpassing bill hood auctions its current all-time-high at about $0.236 this year. However, that will only happen if it breaks many previous psychological resistances. As of the time of writing this Electroneum price analysis, ETN trades at $0.034 with a 24-hour trading volume of $3.75 million. The price of ETN has decreased by 4.04% in the last 24 hours.
Electroneum (etn) Overall Value Predictions In The Future
Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the ETN price. JioMobilePhone1500 , a cryptocurrency predictor and influencer, forecasts that ETN price might reach $3 by August 2020. During 2017, there were two quibi valuation major leaps in the value of this asset. It all started at $0.09, but later the price has fallen to $0.08. On January 10, 2017, a record was set – the value of the token rose to $0.22. As for the power and use of data, Electroneum is not very specific in relation to its requirements.
In this modern digital world, it is becoming more and more common for people to work remotely or from home. This facilitates independent contracting work as many of the jobs do not require that the freelancer come to the office in order to work. By the end of 2020, ETN is likely to reach $0.05796, which might be possible because of this growth and developments. Electroneum is the first-ever British-developed cryptocurrency and represents a huge change of pace in the market. It’s built on its own unique blockchain – a blockchain is the underlying technology infrastructure beneath any crypto and has been designed to dominate the mobile market. Firstly, it is unbelievably easy to manage and even mine on a mobile app. The top crypto exchanges that have Electroneum available for trading, ranked by 24h trading volume and the current price.
Bullish And Bearish Price Prediction Patterns
It grew from $0.06 in November 2017 back up to $0.22 in January 2018, recording a growth of 122% in less than 3 months. While they had a very successful ICO, they faced a major hiccup soon after.
Is Electroneum any good?
It is a top-ranked currency and seen to be more user-friendly than Bitcoin. It is widely available in different languages (20 of then, actually), which helps with their plans on reaching various parts of the world. Electroneum provides a method for secure instant transactions to other global network platforms.
Electroneum also recently launched a smartphone specially designed for carrying out ETN related transactions. The M1 smartphone also aids faster microtransactions like making app payments, transferring money, purchasing airtime, mobile mining, etc. However, situation quickly stabilized and bitcoin as the flagbearer took the crypto market back up. We are in a major bull run since the summer and, if we are listening to the analytics from social media and journalistic desks, we are far away from its local zenith. Every resurgence of bitcoin in recent period, was met with the inability of altcoins to rally with it. Reason for that can be rookie investors learning from their mistakes, while smart money that was previously watching from the sidelines has begun to enter.
Easily discover all details about cryptocurrencies, best crypto exchanges & wallets in one place. Read fact-based BitDegree crypto reviews, tutorials & comparisons – make an informed decision by choosing https://en.wikipedia.org/wiki/Treasury_stock only the most secure & trustful crypto companies. As I have said before, cryptocurrency is highly unpredictable, and it is always a good idea to reach out to a financial consultant before investing.
It aims to make it happen by making it extremely simple for smartphone users (of which there are 2.2 billion) acquire Electroneum. Bitcoin is still the biggest cryptocurrency, but it is definitely not the only one. After the initial success of Bitcoin, over 1500 cryptocurrencies have been launched into the market. Electroneum is one of the cryptocurrencies with a practical application. The team is actively working with citizens of developing countries, as well as in gambling and telecommunications industries. All these features and the concept underlying the project show that Electroneum is an ambitious project with a mission and a real vision for how to achieve its goals.
Electroneum (etn) Frequently Asked Questions
Electroneum is interested in reaching out to the unbanked (about 1.7 billion globally). This is a sure way to facilitate adoption as well as create a strong and large user base. This is beneficial in the long run as it will ensure sustainability and a slow but steady increase in price. According to the analysis, the price of 1 ETN is expected to be around $2.4 in the year 2025. forex recommendations Many schools of thought believe Electroneum is more sustainable, and so is sure to have a steady growth over time. This is because it creates value and is looking to ensure more use cases for its token ETN. The NGO focuses on ensuring girls get access to education, and women receive funds to help them start a business, thereby providing them with a means of livelihood.
Look at ETN’s coin market cap, look at other coins market cap, think “Is it under or over valued”. Think about the team, the utility, the agreements in place, the tech. Compare it to other coins, find one that looks to be in the place you think ETN will be. For when use last years data for when the market spikes and dips, better than nothing. For example, let’s assume the overall crypto market cap is $10 trillion by June of 2019.
Etn Coin 2017
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. Electroneum produces its own wallet software that is available for download on its website, which allows you to store Electroneum on your computer. Users can obtain ETN tokens by purchasing them from cryptocurrency exchanges such as Huobi Global or BiONE. Electroneum is the first cryptocurrency to provide an instant payment system and expands to the digital payments ecosystem. Conversely, if the investors turn against the crypto, the bears might take over and dethrone ETN from its uptrend position. In simplier terms, the price of ETN might plummet to almost $0.01, a bearish signal.
Another important detail regarding Electroneum is that the developers created their own blockchain. This blockchain is created using Bitcoin and CryptoNote’s source codes. To learn more about CryptoNote protocol’s origin, please read our Monero price prediction. Moencash has listed their 11th cryptocurrency Electroneum, allowing users in South Korea to convert ETN into the MCH token. It will enable people from worldwide to earn ETN by selling freelance digital tasks on its global freelance platform AnyTask.
Iost Price Prediction 2021
CoinLiker predicts that ETN might touch the $2.44 level by 2023. Their forecasts are completely algorithmic, but they well reflect the general trend. Which is useful for compiling a complete picture free forex books of the possible future price of Electroneum. Yet, no one dares to provide any exact ETN price prediction, so let’s find out what technical websites tell us about the future of Electroneum.