After reaching the target and surpassing it with great force, NEM / XEM is demonstrating its power and protagonism. I even encourage to say that it will be one of the main cryptos this year.
Of a healthy, gradual and progressive behavior, it is an ideal long-term investment. It is very probable that with the fall of the BTC (orange line) successfully exited the...
I think that getting down to the previous highs, before the big pump, XEM is a good buying opportunity. Even if I am not a fan of Proof of Stake coins, the NEM team has done some pretty nice developments which could potentially boost the project.
It has broken the RSI down trend and has had some nice upside divergence over the last few months.
Within the next...
Being one of the top 10 currencies in the market cap ranking, NEM /XEM: slow, gradual and progressive is showing a bullish trend, rising 70% in 6 days.From 2862 to 4795
Now after forming a double top pattern is very likely to perform a retracement, ideal to become super long in this crypto that did not show even a small part of its power.
A TAKE INTO ACCOUNT THAT...
Strongly beaten by the BTC rally, NEM suffered an unstoppable crash.
On my previous chart I saw a possible change in the trend, but the BTC continued to mark annual highs.
Today timidly this currency is having signs of recovery and especially of mobility.
Technically very slow, but movements at last.
We will see how it continues evolving
Thanks for your time and follow!
I honestly can not believe that the tenth coin with the largest market capitalization suffers this free fall forming a new minimum.
With a triangle I pointed out so they can see how NEM is affected by the BTC rally.
However I see a small light behind the bridge, something like a change of trend. Neither does he need strength and cross the kumos ahead of him.
Let's...
What do you see?
Please, help me to understand where NEM are going.
Thanks to everybody!
NEM NUMBERS
386 Nodos online
875095 Altura de bloque
$30.79m Capitalización de mercado (USD)
0.6.82 Última versión de NIS
nemflash.com
NEM has a nice setup here, I just swapped my $ABX shares for $NEM here. Risk is $2.53 per share here, and upside is modest, until we break the earnings resistance above, but the entry is pretty safe now.
Good luck!
Ivan Labrie.
