InstaForex

July 7, 2021

Ethernity Chain (ERN) Popular NFT -Based Digital Art!

 Ethernity Chain is a blockchain-based platform that produces limited edition authenticated non-fungible tokens (ANFT) and trading cards created by artists and authenticated by well-known figures, created by Nick Rose Ntertsas.


In the Ethernity Chain ecosystem, all NFTs can be bought and sold on-chain.


Ethernity’s primary goal is to popularize NFT -based digital art and support charity, as well as aiming to build the most exclusive ANFT library and reward creators and the community.


More interestingly, Ethernity Chain empowers celebrities to advertise artwork while raising money for charity. Ethernity Chain offers an easy way for artists, brands and influencers to sell NFT on the platform.


Supported by Black Edge Capital, Morningstar Ventures, Spark Digital Capital, Woodstock and Genesis Block Ventures.


Meanwhile, look at the current movement chart of the ERN/USDT price.


ERN which was just listed on the platform on June 22, 2021 has produced an all -time high (ATH) level reaching the price level of $ 9.80.



From a technical point of view, the ERN price movement is seen hovering to try to reach the SBR zone (support become resistance) around $ 5.80 where the zone has been tested several times before.


For further expectations, if the price movement sees an uptrend, the SBR (support become resistance) zone around $ 5.80 will be tested first before continuing higher.


However, if the price movement tracks a downtrend, the price movement will re -test the support zone around $ 5.40 either to make a rebound or continue the decline and record the latest low.


That level will be the next observation by analysts and investors.


At the time of writing, ERN/USDT is trading at around $ 5.6 with a market value of over $ 64 million in the last 24 hours. Coins are currently ranked 372nd in the crypto market.