Will XEM Retest Support Of $0.48?NEM price is down by 1.45% on Monday's trading session. The price is above the SMA of $0, investors may expect the price to progress towards the resistance of $0.5862. All technical indicators suggest a neutral signal in the coin for a short while.
Resistance: $0.5862
Support: $0.4808
Key stats
About NEM
💡 Don't miss the great buy opportunity in NEM/USDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.31). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEMUSD is in a range bound and the beginning of uptrend is expected.
.The pr
Will XEM Have A Positive Breakout Above $0.30?XEM performed a positive momentum on Wednesday’s trading session
NEM coin price is $0.2753, which is up by 2.91% in the last 24-hour time-frame and 15.43% up from the previous week
NEM/BTC pair is negative with a loss of 2.55% in Wednesday’s trading session (0.00000763)
themarketperiodical.com
There is a trading opportunity to buy in NEMUSDTechnical analysis:
. NEM/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 85.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0575
There is a possibility for the beginning of an uptrend in NEMUSDTechnical analysis:
. NEM/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0850 to
There is a possibility for the beginning of an uptrend in NEMUSDTechnical analysis:
. NEM/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
Trading sug
There is a possibility for the beginning of an uptrend in XEMUSDTechnical analysis:
. NEM/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is i
There is a possibility for the beginning of uptrend in XEMUSDA trading opportunity to buy in XEMUSD
Technical analysis:
. NEM/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
. The price downtrend in the daily chart is broken, so the probability
A long-term trading opportunity to buy for NEMUSD !Technical analysis:
.NEM/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 41.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.298 to 0.195
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of NEM (XEM) is 0.015843714 USD — it has fallen −6.29% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing XEM price chart.
The current market capitalization of NEM (XEM) is 142.59 M USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
NEM (XEM) trading volume in 24 hours is 18.65 M USD. See how often other coins are traded in this list.
NEM price has risen by 3.09% over the last week, its month performance shows a −18.06% decrease, and as for the last year, NEM has decreased by −54.16%. See more dynamics on XEM price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
NEM (XEM) reached its highest price on Jan 4, 2018 — it amounted to 2.117813130 USD. Find more insights on the XEM price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
NEM (XEM) reached the lowest price of 0 USD on Jul 10, 2023. View more NEM dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of NEM (XEM) is 9.00 B USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
NEM has the limit of 9.00 B coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying XEM is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade XEM right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for NEM (XEM): today its technical analysis shows the strong sell signal, and according to the 1 week rating XEM shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in NEM trading ideas and keep track of what's moving crypto markets with our crypto news feed.
NEM (XEM) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, NEM is estimated as 6.86% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about NEM, you can find more inspiration in our curated watchlists.
You can discuss NEM (XEM) with other users in our public chats, Minds or in the comments to Ideas.