Electroneum Price Analysis: ETN Software Update: No out-turn in the prices for next 3 days

ETN has informed all their users about the software updates that will help in improving their network. Meanwhile, the ETN services will not be available to the users from Friday, 5^th July, 17:00 UTC to Monday, 8^th July 17: 00 UTC.

Hi all, we are pleased to inform you that we have a software update aimed at improving our network. This means that all our services will not be available from 5pm BST, Friday, 5 July until 5pm BST, Monday. For more info click here. https://t.co/tdafmrJUof pic.twitter.com/C0eFVVOf47

— electroneum (@electroneum) July 4, 2019

This might bring the ETN price below the baseline again since the supplies might get affected by the same. However, let’s see what ETN chart has to say as of today.

ETN Price Analysis:

The value of ETN is trading at $0.004586 at 08:56 UTC time on 5^th July 2019. The other factors are as follows:

• Return on Investment: -95.14%
• 24 Hour Volume: 349,891 USD
• Market Cap Value: 44,544,402 USD
• Total supply/Circulating Supply: 9,712,151,077 ETN/ 9,712,151,077 ETN
• 7 Day high/low: 0.005097 USD / 0.003903 USD

Electroneum Price Comparison:

Considering the analysis from the past few days, the ETN/BTC value saw the lowest of the trading at 0.00000041 with the start of 4^th July. The value, however, escalated upwards by 4.84% at 23:20 UTC time yesterday with 0.00000043.

But a few minutes back, it was seen that the value went further down by 6.96% when the trading value of ETN/BTC was seen at 0.00000040. However, the value now is increased by 5% now.

Electroneum Price Prediction and Conclusion:

ETN right now is fluctuating and is hoped to escalate in the upward direction for a while. Only then, traders will be able to trust the coin and make profits in the same. However, ETN has been unpredictable, considering the trades from quite a few days now.

However, with the unavailability of services from today till coming Monday, the valuation is expected to go further down. But the expectation of the traders lies after Monday with a hope that it will escalate to result in some profits for the traders in the pool already. Let’s see what ETN has to offer in the coming days and weeks!