NEM (XEM) Upside potential

in trading •  7 months ago

NEM has dropped around 91% from the all time high and it seems that price has been in accumulation in the last few weeks.

Support levels in XEM/BTC have been holding and I believe there is more upside in the near future. The red line support did not let price close below it last week, which could mean that current prices are seen as very cheap.

XEM/ETH also saw a reaction from the support level around 0.0039 and rallied. I expect the rally to resume and target the September highs

Good Luck

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