NEM uses PoI, also known as proof-of-importance. This means that (unlike Bitcoin and Ethereum), NEM is environmentally friendly, and more secure. Unlike mining Bitcoin and Ethereum, network upkeep does not require hundreds and thousands of electricity-hogging mining machines.
A NEM node can be run on a computer as simple and cheap as a Raspberry Pi, which is only...
I am sure that such a coin as XEM should grow in price. And when, if not now? We have two lines that intersect (downtrend line and uptrend line). The coin will have to decide where to go further. I'm sure that XEM will go up.
Guys, I revised the chart scaling.
Firstly, I want to say that the long-term trend line coincides with the 1x8 angle and it holds and this is a good sign.
Secondly, I see signs of the beginning of a new cycle.
I've already seen a similar chart somewhere and this is a BTC chart before he started parabolic growth.
Congrats to all in NEM/XEM, I think that you made...
Very interesting chart.
perhaps there will be a reversal, and perhaps there will be a fall to 0.10.
A lot depends on which candle is next.
I will definitely update tomorrow. Perhaps earlier. Happy Trading
XEM/USD sitting on a long-term support.
I personally believe that buying XEM around 16c is like buying BTC around $800.
Buy as much as you can.
Trade at your own risk!
It's simplified drawing made by me in comparison to the last one chart @XEMUSD
Under 24-28.5cents area XEM is poised to sideways moves with tendency to slow sliding down (in case of BTCUSD pushing higher), or growing dumps and more blood in chart (after the topping @BTCUSD and dumping behaviour, as it was). It is now visible that XEM and overall altcoins did not...
Wondering if we will see some CNH action on XEM. Volume looks like it's playing out as expected with troughs between the edges of the cup. Just need a handle to play out
The 4 hour closes in 3 minutes and the 10 day and 30 day EMAs are crossing. If it holds the current price, the new 4 hour candle is going to open above both EMAs as they are crossing up. There is also a bullish divergence happening with price and Stoch
XEM looks like it is finding good support and testing resistance. Might continue for a couple of days and provide a good entry for the exit of the channel
The graph clearly shows the figure of the triangle, the exit from which is possible most upwards, but there is also a scenario - when the price can drop below the level of 0.236 fibo
