XEM price traded at $0.38 with a gain of 16% in the last 24-hour and 45.20% down in the weekly time-frame. In contrast, the market capitalization stands at $3.247 billion. Technically, investors may perceive a negative crossover in SMA
. Moreover, the movement of price can be towards the resistance of $0.60 after a pullback from $0.32, Also the Symbol launch may push the price further.