XEM (NEM) is one of the oldest and solid project in the crypto space. Recent news about funding can be described with one word: "FUD". For me it's great opportunity to buy. XEM is going to release Catapult later this year with 4000 TPS. This project has one more great advantage - 0% inflation rate.
TA details:
Bullish divergence on weekly chart; Oversold RSI; Falling wedge on weekly; It's landing on 3 year support (around 1100 sats);
Trade carefully and do your own research. Good luck!
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Today price touched 3 year support line. Let's see where it's going to go next, either way it's a good time buy. Risk to reward ratio is quite good.