- The Electroneum crypto is in an uptrend, around 13.8%, during the intraday trading session.
- The 24-hour trading volume is at $10 million.
- ETN/BTC pair is trading positive by 16.1% at 0.00000044 BTC.
Daily technical chart and price trend of Electroneum crypto are showing an upward trend. Based on the pivot level, the initial support level is 0.013 USDT. From another perspective, if it accelerates, the resistance level to watch is 0.025 USDT. Although the chart created a Doji star candlestick pattern during the day, the price is expected to remain flat with medium reliability.
Ichimoku Cloud is composed of lead-1 and lead-2, and the displacement value is 1. It operates as a pivot level and leading indicator of asset price changes. Investors can see that the price breaks above the Red Moku Cloud and now trades above the Green Moku Cloud, ensuring the bullish trend of ETN if the price stays above the cloud.
Trading volume (997.213 K) is above the 20-day moving average (893.127 K). In short, the high volume caused the price to break above the resistance zone. Investors may also notice that the volume bars on the chart are inclining, which indicates that surprising volatility is expected in the next trading days.
The Schaff Trend Cycle indicator (bullish) with a 87 represents a buy signal in the coin, projecting an uptrend. Additionally, Investors can see a green buy signal and an upward slope in the index.
Electroneum Crypto Trend Cycle Seem Bullish For Long Term
Electroneum’s price today is 0.01968542 US dollars, and the 24-hour trading volume is 10.107.682 US dollars. The price of ETN has increased by 12.9% in the past 24 hours. There are 18 billion ETN coins in circulation, with a total of 21 billion. The STC indicator shows a buy sign, and the traders have led to low volume. Technically, the price sustains at the resistance areas and continues in an uptrend. Accordingly, as with the overall market viewpoint, the trend remains bullish for upcoming trading sessions.
Resistance Level: $0.025
Support Level: $0.013