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XEM

XEMBTC road to 7000sats - Alternative Elliot WaveHey guys, This seems rather clear, NEM/XEM has succesfully passed the resistance on latest downtrend after the impulsive wave upwards - the support upwards is growing and the only possible stop to this I see is a BTC beatdown, if that doesnt happen, I see this as possible alternation within an impulse elliot wave. We are just finishing the First wave up and correction to that and ready to begin with the 2nd wave up. Most times when market resistance starts decreasing downward the only way is up - and the other way around. Get in to trade and ride the current uptrend and if we fall under you might consider selling, but anyhow now is a good spot to enter a possible very sweet ride. :) Cheers!
Long
by dingdangdong
XEMBTC 50% + 90% + 160% +XEMBTC 50% + 90% + 160% + Good day to all! The market pleases us the last days (although without false modesty I can say that we have worked nice the last 3-4 weeks). And again we have a new opportunity. Bolinger is narrowing, MA 9 strive to rise above the MA 50, these are all very good signs! Confuses only overbought, but in the past it did not stop the coin from flying! When entering the market, I advise you to have a clear trade plan that will protect your capital and help it to increase. And as always, I advise you to remember about profit taking. After all, only the profit that you recorded can be called a true profit, the rest is only a mirage! Good luck and good trading!
Long
by DorisKat
NEM is Now Listed on BinanceJust a few hours ago NEM coin has been added to Binance and XEM/BNB, XEM/BTC, and XEM/ETH trading pairs are now available for trading. This news certainly can add trading volume for this coin and potentially boost the upside momentum that seems already started. After a strong correction for the 13.5k satoshis high, currently, XEM/BTC is trading at 3750 satoshis, which could seem an attractive and cheap price for investors. Technically, XEM/BTC trend remains upwards as the 227.2% Fibonacci channel trendline has been broken on a daily chart. The two Fibs applied to the corrective waves after the downtrend trendline breakout point to the 21k satoshis as an upside target, which is almost 500% potential gain. While NEM is trading above 2440 satoshis support the uptrend is likely to begin. However, break and close below the support could send price back to 800 satoshis and/or extend the consolidation period prior to the uptrend.
Long
by CryptoPAMM
1
NEM have a high media attention.Coin of the day is NEM. NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multi-signature accounts, encrypted messaging, and an Eigentrust++ reputation system. In 2016, NEM jumped in price and become one of the largest cryptocurrency by market capitalization. While the industry was struggling with the DAO hack and recession of the Ethereum, several Japanese banks signed an agreement with NEM to create a payment infrastructure for the blockchain. The 2018 year which started with the depression all around the cryptomarkets pushed the coin to the lows, almost wiping the 2017-year gains. XEMBTC found a bottom around the 0.00003 level and now is drawing a rebound pattern. Media attention on Reddit and Twitter has risen to a new high during last week; such shifts could have occurred due to NEM listing by Binance (in March) and overall positive news background around the coin. As reported via CoinLive earlier last week, Tutellus, a blockchain-based EdTech company aimed to incentivize both learning and teaching, switched from Ethereum to NEM as its main blockchain. XEMBTC brought attention to itself during last days by the strong growth and breaking above the 0.00004 resistance. Last time when the coin went into an uptrend, it ended at the 100-days EMA (14.03.2018), today the price reaching 100-days EMA again. A breakthrough above the EMA will lead the price upwards to the previous high at 0.000057. The break of the 0.000057 high will change overall chart bias to an uptrend. From the below, 0.0004 level should hold as a support to remain bullish sentiment.
Long
by DestinationMoonCrypto