Electroneum Price Prediction 2023-2032: Is ETN a Good Investment?

Electroneum Price Prediction 2023-2032: Is ETN a Good Investment?

full version at cryptopolitan

Key takeaways:

  • Our Electroneum price prediction anticipates a high of $0.0032 by the end of 2024.
  • In 2025, it will range between $0.0042 and $0.0047, with an average price of $0.0040.
  • In 2030, it will range between $0.0293 and $0.0342, with an average price of $0.0301.

The Electroneum development team designed Electroneum to operate seamlessly on mobile devices and to ease and secure smartphone transactions. ETN is one of the first cryptocurrencies to introduce an instant payment system, expanding the digital payments ecosystem and making ETN ideal for everyday purchases and transactions.

The Electroneum network continues to build more utility for its users. But how about ETN’s performance? How high will it go? Is ETN a good investment? Let’s explore these questions in our Cryptopolitan price predictions from 2024 to 2030.

Overview

CryptocurrencyElectroneum
TickerETN
Current price$0.002319
Market cap$41,685,357
Trading volume$967,932
Circulating supply17,976,889,355
All-time low$0.001296 on Dec 19, 2023
All-time high$0.2362 on Nov 2, 2017
24-hour low0.002238
24-hour high0.002444

Electroneum price prediction: Technical analysis

MetricValue
Volatility (30-day variation)4.86%
50-day SMA $0.002507
200-day SMA$0.003557
SentimentBearish
Fear and Greed Index70 (Greed)
Green days12/30 (40%)

Electroneum price analysis: ETN in a gradual decline

Key takeaways:

  • Price action is range-bound on the daily chart.
  • The current trend is a gradual decline characterized by little volatility and momentum.

ETN/USD 1-day chart: ETN volatility drops

ETN/USD price chart. Image source: TradingView

The sleeping William Alligator trendlines show that the ETN has lost volatility since June. The candles are also short, indicating an indecisive market despite higher trading volumes over the last month. The price action is range-bound, with rejection and support levels at $0.003211 and $0.002099, respectively. As ETN approaches the critical thresholds, market participants are closely watching to see the direction of the next breakout.

ETN/USD 4-hour chart: ETN is in a gradual decline

ETN/USD price chart. Image source: TradingView

The 4-hour chart highlights ETN move to overbought territory and the preceding reversal. At the time, ETN rose from $0.002300 to a high of $0.002820, before reversing to previous lows. The current trend is a gradual decline characterized by little volatility and momentum.

ETN technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 30.002199BUY
SMA 50.002273SELL
SMA 100.002405SELL
SMA 210.002409SELL
SMA 500.002507SELL
SMA 1000.003176SELL
SMA 2000.003557SELL

Daily exponential moving average (EMA)

PeriodValueAction
EMA 30.002381SELL
EMA 50.002359SELL
EMA 100.002352SELL
EMA 210.002454SELL
EMA 500.00287SELL
EMA 1000.003315SELL
EMA 2000.003351SELL

Is Electroneum a good investment?

ETN can be used to pay for everyday essentials, including mobile airtime, data, and utilities in over 190 countries. Per the price predictions, Electroneum is a god investment, however negative publicity or market crashes will derail this performance.

What can we expect from ETN price analysis next?

Our analysis shows the current sentiment is bearish, while the Fear and Greed Index shows greed among investors. The charts show ETN is bearish and cpmtinues to drop lower, but with less momentum..

Why is Electroneum down?

The drop in Electroneum value could be attributed to the general market sentiment which has remained bearish in Q3 2024.

Will Electroneum recover?

Electroneum is currently bearish and continues to drop lower. An RSI drop below 30 will be critical in sending ETN to previous highs.

Will Electroneum reach $0.005?

Yes, Electroneum should rise above $0.005 in 2026. During the period, it will reach a maximum price of $0.0069.

Will Electroneum reach $0.01?

Yes, Electroneum should rise above $0.01 in 2027. During the period, it will reach a maximum price of $0.0105

Will Electroneum reach $1?

Per the Crypopolitan price prediction, it remains highly unlikely that Electroneum will get to $1 before 2030.

Does Electroneum have a good long-term future?

According to Cryptopolitan price predictions, Electroneum will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.

Recent news/ opinions

Electroneum is now on ANKR, a popular web3 RPC provider.

Electroneum price prediction for July 2024

The Electroneum price forecast for July is a maximum price of $0.0027 and a minimum price of $0.00227. The average price for the month will be $0.002307.

MonthPotential low ($)Potential average ($)Potential high ($)
July0.0022750.0023070.002700

Electroneum price prediction 2024

For the second half of 2024, ETN’s price will range between $0.0023 and $0.0032. The average price for the period will be $0.0029.

YearPotential low ($)Potential average ($)Potential high ($)
20240.00230.00290.0032

Electroneum price prediction 2025 – 2030

YearPotential low ($)Potential average ($)Potential high ($)
20250.0040.00420.0047
20260.0060.00610.0069
20270.00880.00910.0105
20280.01270.01310.0151
20290.01940.01990.0230
20300.02930.03010.0342

Electroneum price prediction 2025

The Electroneum ETN price prediction for 2025 is a high of $0.0047. It will reach a minimum price of $0.0040 and an average of $0.0042.

Electroneum price prediction 2026

The Electroneum price prediction estimates it will range between $0.0060 and $0.0069, with an average price of $0.0061.

Electroneum price prediction 2027

Electroneum crypto price prediction climbs even higher into 2027. According to the predictions, ETN’s price will range between $0.0088 and $0.0105, with an average price of $0.0091.

ETN price prediction 2028

Our analysis indicates a further acceleration in ETN’s price. It will trade between $0.0127 and $0.0151, with an average price of $0.0131.

Electroneum crypto price prediction 2029

According to the 2029 ETN coin price prediction, the price of ETN will range between $0.0194 and $0.0230, with an average price of $0.0199.

Electroneum coin price prediction 2030

According to the Electroneum ETN price prediction for 2030, the price of ETN will range from $0.0293 to $0.0342, with an average price of $0.0301.

Electroneum price prediction 2024-2030

Electroneum price predictions: Analyst’s ETN price forecast

Platform202420252026
Digitalcoinprice$0.00489$0.00575$0.00826
Changelly$0.00331$0.0043$0.0064
Swapspace$0.00729$0.007914$0.001737

Cryptopolitan’s ETN price prediction

Our predictions show that ETN will achieve a high of $0.0032 in the second half of 2024. In 2025, it will range between $0.0040 and $0.0047, with an average of $0.0042. In 2030, it will range between $0.0293 and $0.0342, with an average price of $0.0301. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

Electroneum historic price sentiment

  • When Electroneum ICO was launched in 2017, it closed early after reaching a hard cap of $40 million. 
  • Even though Electroneum had a successful ICO, it faced a significant hiccup. Many of its investors got hacked, which led to a drastic price drop in November 2017. ETN dropped in price from $0.23 to $0.06.
  • Afterward, the Electroneum price was revived after the problem was sorted. Hence, the ETN price grew 122%, rising from $0.06 in November 2017 to $0.22 in January 2018. Like most other digital currencies, its price has declined since January 2018. 
  • In 2018, the ETN Network voluntarily and proactively introduced robust KYC and AML compliance procedures ahead of the European 5th Anti-Money Laundering Directive.
  • Later, in January 2021, the Electroneum price dropped again to $0.005.
  • In 2022, it dropped more to $0.002, it maintained the price through 2023
  • It recovered in Q1 2024, rising as high as $0.007 in April. Q2 2024, it lost all the earlier gains and trades at $0.002.
Electroneum price history. Image source: CoinStats

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