NEM (XEM/USD) the rocket is still on the ground

NEM follow its allies as there is no clear direction currently. The currency pair remained in flat during the weekend and fluctuates in a very narrow range in the moment of writing.

As for the current situation, I believe NEM is likely to start the uptrend again. The currency pair is close to the support area at $0.1729 and t5his support is strong. Buyers, I think will resume their attack from there.
My target is at $0.2082 resistance area . However, XEM/USD will have to break through the resistance area at $0.1883 before going there.

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