ETN has acquired tremendous attention in Brazil. In fact, they recently tweeted that 95% of Brail population can now use ETN for top-up service. Isn’t that incredible? This will acquire attention from many users in the ETN network which might help with better ETH valuation.
Did you know, 95% of Brazil's population is on 1 of 4 mobile networks? We're pleased to announce, airtime and data across Brazil's four largest networks can now be purchased with #ETN via the #Electroneum app! Watch the video to find out more: https://t.co/XxoM6UXbTg
— electroneum (@electroneum) September 6, 2019
Electroneum Price Analysis on 14th September 2019
|Trading Value||$0.003839 at 07:14 UTC time|
|Return of Investment||-44.70%|
|Market Cap||37,974,723 USD|
|24 Hour Volume||329,852 USD|
|7 Day High/Low||0.004024 USD /0.003364 USD|
Considering the data statistics of Electroneum from last 5 days, on September 8, 2019 the coin was trading at the lowest point of 0.00000033 BTC. The trading value from then escalated by 5.96% on September 10, 2019 when ETN was seen trading at 0.00000035 BTC. Further, the price further moved upwards by 14.17% today at 03:15 UTC, and ETN price was marked at 0.00000040 against BTC. The value from then is slightly dropped by 4.92% against BTC as of now.
If we notice the ETN trend from the past, they it has surely improved and seems to be acquiring he markets globally. It is predicted that users might get impressed by the marketing schemes of ETN and will follow the network eventually.
Long-term investment might not be an ideal trade decision for the users considering the constant drop in the trade. Short-term investment, on the other hand, might omit little incentives only if the investors hit buy/sell on the lowest/highest touch points.
Meanwhile, the resistance and support level might just help to watch the trade closely:
R1: 0.003918, R2: 0.004037, R3: 0.004264
S1: 0.003572, S2: 0.003345, S3: 0.003226