XEM plunged by 20.2% over the last 24 hours and was priced at $0.186. The coin recently broke below its almost month long-standing support line of $0.184. With a further bearish push, the altcoin will trade near the $0.159 price line. The token hasn’t traded below the aforementioned support line in over a month’s time.
The best entry point is after retesting the...
In the digest "Weekend Bitcoin" 12 , you voted for the analysis of the XEMUSDT pair
A now spoiler - there will be little positive.
For 2 years, the XEM coin rattled the nerves of investors, trading in the $0.03-0.10 range.
But in the fall of last year - it happened, the price of XEMUSDT was able to break out of a protracted trade and continued to grow.
Here is possible scenario of XEM price developing.
Aftet XYM airdrop was made, price of XEM dropped almost 91%. Since June it retraced ~190%, but price was strongly rejected at 0.23x.
XEM also slowly but continuously looses positions at coinmarketcup(#72 at time of writing).
NEM puts efforts on its new token "XYM" and further development/support of XEM seems...
🌟this alt still moving in a descending channel but the movements are getting lower and lower so that could mean a turn back in bias for this alt and we are getting the advantage of leaving a sideway from its movements in its resistances directions
👉This idea has the confirmation of "advanced price action" 👍
👉Follow us and invite your friends too, this way we can...
* XEMUSDT is in uptrend with respecting the below trend-line as it's support.
* Currently the price is trading between the upper trend-line as resistance and it's support zone around $0.185 forming a Descending triangle.
* RSI indicator also forms bullish divergence , divergence occurs when there is no longer the same momentum between the price and RSI...
For the first time, the XEM currency is approaching its 200-day moving average
I guess it breaks this point and flies for higher purposes
Buy at the current price and wait for another 3 months :)
Futures signal X5
$XEM /USDT long 0.1941 0.2064
Targets : 0.2684 0.4131 0.7724
Telgram Channel VIP : NaserTrader
A quick look at NEM (#XEMUSDT, 1D, Binance):
Price is on the rise, it retested support at $0.1806, and looks like an easy run up to the next resistance at $0.2229. At the time of writing, that would be a +11.58% profit.
If it breaks the next resistance, would be at $0.2691.
If you want to read more about NEM on...
Hello to you all. Mars Signals team wishes you high profits at all times.
We are in daily time frame. As you can see, the price could not move strongly from the region after breaking the resistance line, and we see a slight weakness in the trend. The price is fluctuating inside the channel. If it breaks from above and stabilizes, we can enter the trade. But if...
It seems Nem/Usdt @ 2h time made H&S and need to test resistance level.
Some indicators showed positive environment to get buy .
I bought it but you can wait after break it up to buy it. It's depend to you!