It’s true that Electroneum was a great disappointment for investors in 2019. ETN price went down from $0.007287 on January 1st 2019 to $0.003530 on December 31 2019. However, it is worth monitoring our Electroneum price prediction algorithm: Electroneum might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, ETN might be the coin to watch closely now.
The current Electroneum price is $0.003732, its circulating supply is 9 969 758 569 ETN. Our algorithm predicts that based on historical data Electroneum price will be at $0.004458 in 1 week and $0.005289 in 1 month. Our deep learning algorithm predicts the ETN price will be at $0.006395 in 6 months. Analysis of the cryptocurrency market shows that Electroneum price may reach $0.013613 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that ETN will stay around $0.012276 in 2020, $0.013613 in 2021, $0.014371 in 2022, $0.016488 in 2023 and $0.018338 in 2024.
While creating the Electroneum prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.006395 and lowest possible predicted price is $0.004826.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Electroneum has the potential to stay within "survivors" team. Our Electroneum short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Electroneum Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Electroneum forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Electroneum (ETN)?
The current price of Electroneum is $0.003732.
What is the current market capitalization of Electroneum (ETN)?
The current market capitalization of Electroneum is $37 204 913.
What will be the price of Electroneum (ETN) Tomorrow?
Our algorithm forecasts that the price of Electroneum will reach $0.003818 tomorrow.
In 1 year from now what will 1 Electroneum be worth?
As per the forecast and algorithmic analysis, the the price of 1 Electroneum will be around $0.012276.
Is it profitable to invest in Electroneum (ETN)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Electroneum (ETN) as a short term investment. Electroneum can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Electroneum be growing in the Future?
Electroneum is potentially one of the most profitable among digital coins.
How high can the Price of Electroneum go?
Our algorithm forecasts that the price of Electroneum will reach $0.018338 by 2023.
Is Electroneum (ETN) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Electroneum now.
Nearly all technical indicators that I use for the trading show that it is a good time to add Electroneum to the portfolio. The coin is about to exit the prolonged period of correction, which signifies the possible trend reversal. ETN was particularly impressive in 2019, as it finishes the year lower than it's start-of-the-year price by 54%. But it doesn't matter to me, because I am only thinking about buying this coin, so for me, it is only a matter of when it would reach the final dip.
Electroneum has been so boring lately, doing nothing but consolidating at $0,0035, such a horrible feat for an active trader like me. I have only a small fraction of my portfolio in ETN, but its laziness still bums me out, because I like my money to be working and moving constantly. The end of this year has been bad for the crypto market in general, but the coins like Electroneum really had nothing to show for. Well, at least it didn't tank, which is kinda relief.
Frankly speaking, I don't understand why Electroneum is ranked so high on Coinmarketcap. The 104th position given to a coin that has totally unimpressive fundamentals and a market capitalization of $36 million. That looks undeserved to me - I would have put it at least 50 spots lower. I literally cannot say anything good about this crypto. It has a negative ROI; the price movement is uneventful; the trading volumes are low.
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