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XEMBTC

Will NEM (XEM) Maintain Its Undercover Status?NEM (XEM) is known as a dark horse in the crypto community and for good reason. Despite its position as the 14th largest coin by market cap (which used to be a lot higher), very few investors actually know and understand what this cryptocurrency is all about. The coin owes its rankings to an ever increasing interest from Japan. According to Coinmarketcap.com, XEM/JPY pair accounts for more than 40% of its trade volume. Next in line is XEM/BTC at 15% and XEM/KRW at 12.5%. This means that a combined total of more than 67% trade volume is from Asia. Read Detailed Anaysis Here: cryptodaily.co.uk
POLONIEX:XEMUSD
by Jefe
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
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
XEMBTC NEM Big move ahead!NEM is making all the right moves! Things to note: moving average cross in small purple circle presently coming. ABOVE THE 20/50 period moving average! RSI high on daily and can go higher according to past. Look at December on the left. The moving average cross and high RSI did well. This might pan out same now. What happened on March 10-12th? The 50 moving average acted as resistance and the 20 was below 50 so it was a clear bear market. I drew fan lines for resistance. Check out John J. Murphy's TA book on this. I excpect to consolidate and restest the highest fan line resistance. IF WE BOUNCE OFF THE 20-50 to the upside bear market is over and moon boots time! WHAT'S DIFFERENT THIS TIME???? VOLUME. Volume is second in importance next to PRICE in TA. We had a HUGE boost in volume to kick off the rally, right now it is anemic in comparison. If we break through the .618 fib level then everyone might wake up to this. Red lines are support that is now resistance...
Long
by orbsatchel
2
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