When it comes to the different cryptocurrencies on the market, there are always opposite trends and developments to take into account. Whereas most markets try to note some form of bullish momentum, Electroneum is heading in the opposite direction. So much even that the Electroneum price has now officially turned bearish, at least temporarily.

Where is the Electroneum Price Headed?

In the cryptocurrency world, there is no such thing as individual markets making sense to the average onlooker. Electroneum is a very interesting example in this regard, a sit follows a completely opposite trend compared to  Bitcoin and other top markets. Although some bearish pressure looms ahead for most cryptocurrency markets right now, one wouldn’t necessarily expect ETN to be one of the first to note pretty steep losses at this time.

Over the past 24 hours, the Electroneum price has lost 0.86% in USD value and 1.44% in BTC value. As a result, one ETN is now priced at $0.006040, or 148 Satoshi. It is rather interesting to keep an eye on…

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Source: https://themerkle.com/electroneum-price-begins-to-slide-despite-ongoing-growth-in-south-africa/