NEM, $NEMBTC

in #steem4 years ago

NEM, $NEMBTC - is in a pretty long consolidation / accumulation targeting further up at around 5800 sats. In general it is also showing signs of bullish divergence (RSI bullish and price bearish) --> price reversal inside an ascending triangle is a possibility.

Fundamental update - Jeff McDonald shows how #NEM might get ahead of #Ethereum eventually, it is worth a read at the very least to get his perspective!

Link: https://cryptocomes.com/nem-puts-coincheck-behind-looks-forward-to-industry-changing-catapult-tech-jeff-mcdonald

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Moving Averages is not producing possitive signal for NEMBTC. May be price could over 4350 BTC level, then technical view can reverse to possitve

it will never over take ETH no matter what Jeff thinks!

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