- The ETN coin price is in an uptrend, around 6.3%, during the intraday trading session.
- The 24-hour trading volume is at $1 million.
- ETN/BTC pair is trading positive by 2.4% at 0.00000050 BTC.
Daily technical chart and price trend of ETN coin are showing a bullish trend. Based on the pivot level, the first support zone is 0.0180 USDT. From another perspective, if it rushes, the resistance level to watch is 0.0300 USDT. Thus, the graph made a bullish engulfing candle pattern yesterday, and the cost is relied upon to remain upside with unwavering high force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost is above the green ribbon, so it will guarantee an upswing in Electroneum until it’s above the ribbon.
Trading volume (240.399K) is underneath the 20-day moving average (1.707 M). To put it plainly, the volume is low, making the cost dwell at the pivot levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is normal in the following trading days.
The Stochastic RSI (bearish) with a value of K-25 D-28 presents a sell signal in the coin. Investors may observe a declining slant and a positive crossover in the index. It may remain in negative territory for future trading sessions.
ETN Coin Price Action Showing Signs Bearish Move for Short Term
Electroneum price today is $ 0.02214166 with a 24-hour trading volume of $ 1,727,501. The price of ETN has risen 6.3% in the last 24 hours. It has a circulating amount of 18 billion ETN coins and a total amount of 21 billion. The Stochastic RSI points to a selling indication, and the traders have prompted low volume. In fact, the cost remains at the pivot level. In like manner, with the general market perspective, the pattern looks bullish for coming trading days.
Resistance Level: $0.0300
Support Level: $0.0180