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Elastos price prediction 2019 : Will Price of ELA Surge to $4 or Drop below $2?

The cryptocurrency market has been going through ups and downs. The bulls and bears are trying to overtake each other. The uncertainty in the values of the cryptocurrencies is there and the momentum of the values of the currencies is not clear. Prices of currencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, Tether, Cardano, Chainlink and others are fluctuating between bulls and bears.

On the other hand, the currencies below 100 rankings are also going through ups and downs. The currency ranking 102 Japan Content Token (JCT) is the biggest loser as it has suffered the loss of -26.73% and trading at the value of $0.17247. The other currencies such as Project Pai, Nebulas, Populous, and Elastos are making some progress in their values. Here we will analyze the 109 positioned (at 23:33 UTC) cryptocurrency Elastos (ELA) and find the elastos coin price prediction.

Current Status of Elastos (ELA): Currently, the currency is trading at the value of $2.76 and its value is increasing by 2.34% at 23:35 UTC. The market capitalization of the currency is trading at the value of $43,535,005 and the 24-hour volume of the currency is $4,436,092. The circulating supply of the ELA is 15,774,704 ELA and the total supply of currency is 34,725,614 ELA. The Elastos’s ROI is -93.73%.

Elastos Analysis: Currently, the value of the currency is bullish and it is going great. If we talk about the weekly analysis of the Elastos, the currency reached to the value of $3.02 with the market cap of $47,642,066 and the 24-hour volume was $7,522,209 on Sunday, July 21 at 15:34 UTC, but later the value goes down. On the other hand, on Monday, at 09:34 UTC the currency again achieves the value of $3.00. The currency’s value later went down hovering between the values of $2.7 to $2.9 for the next day.

On July 24th, the currency value further decreases to the value of $2.6, at 1:34 UTC the currency managed to get around the value of $2.72, but then later the currency fell by 2%. The next day, the currency again gets the bulls momentum and it was trading at the value of $2.85 at 17:34, with the value of market $44,905,255.

On Saturday, July 27, the currency again gains the bullish movement and value of the currency reach around at the value of $2.92, with the $46,109,502 market cap and the 24-hour volume of $6,466,717. The currency again gets down and since then its value is between the values of $2.6 to $2.8. The most well-known news source covering Elastos is Elastos Reddit.

elastos price prediction 2019: If we see the chart of the currency, presently the currency is going good and its value is bullish. If the bullish momentum continues in the value of currency then it will surely cross the main resistance of $3.0 and can achieve the value of $5.0 or maybe $6.0 by the end of this year.

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About Arushi Dubey

Arushi Dubey is a student of Bachelor in Arts( Psychology). She is pursuing Psychology in arts with English literature and French Language. She is well versed in the English language. She is good at expressing her thoughts into words. She is still getting more and more trained in gathering knowledge related to Crypto Currencies and expressing them.

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