- Electroneum Price is currently trading in a consolidated zone and is on a verge to give a major breakout. ETN/BTC pair is observing a downtrend but can soon see a major breakout in the future.
- ETN technical indicators project a strong uptrend in the price. In contrast, it has already seen a gain of more than 10X in the past few months.
Electroneum is a mobile based crypto platform which has focused on micropayment for the general public.It is the first UK based currency which has raised more than $40 million in the Initial coin offering. It was launched in 2017and has never looked back ever since. ETN coin price has always been profitable for the investors. Electroneum focuses on providing the quickest and safest crypto transaction with a minimal fee to the unbanked population of the world. This accounts for more than a billion of people around the globe.
They have always aimed to give individuals of the world the cheapest way of transaction around the globe with minimal fees. The launch of ETN wallet in 2017 was a way forward in this direction. The first android mining wallet of ETN was launched in 2018 which took the world by storm. This helps the miners to mine ETN through the use of their android processor.
What Does The Past Of ETN Coin Tell?
Electroneum is the brainchild of Richard Ellis and came into existence in 2017 . ETN coin price has a higher ROI than its competitors in the market and has always made its investors profitable . The asset price has seen a rise of more than 400% in a span of years. If someone had invested $1000 in the Electroneum a year prior then they would be holding more than $40 currently with more to come. The price has seen a 52 week high of $0.04 and is looking to break it soon. One can predict a gain upto $10 in ETN price in the foreseeable future . ETN/BTC pairs can also observe a strong bullish rally in the upcoming days. It can break the previous resistance in the past and climb to a new high. The current price of the asset is giving an amazing discount for the buyers to dip in.
Conclusion
ETN coin price is currently trading in a consolidated momentum but can soon see a major breakout. The price is ready to launch for the moon in the upcoming months . ETN/BTC pair can also see the moon in the near future. An investor should do their due diligence before investing.