You can't keep a good XEM down! Or can you?
XEM has been in a clear down trend since the high at $2 and we are still getting rejected by the MA, keeping me bearish at this stage.
We have good buying pressure from 0.80c and I would expect strong support at 0.90c.
Buyers looking to speculate on the market longer term could do well to stack some orders inbetween 0.70c and $1.
Current resistance is between $1.2 and $1.3 and we could see a nice little run if the bulls can push the prices past those levels.
Join the best Crypto Trader Hangout for free
We have good buying pressure from 0.80c and I would expect strong support at 0.90c.
Buyers looking to speculate on the market longer term could do well to stack some orders inbetween 0.70c and $1.
Current resistance is between $1.2 and $1.3 and we could see a nice little run if the bulls can push the prices past those levels.
Join the best Crypto Trader Hangout for free
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.