The MACD and other technical Reports lean towards a Bullish trend.
Launched in March 2015 NEM(XEM) stands for NEW ECONOMY MODEL ( XEM) holds the 27 ran in coinmarketcap with a current market Supply worth $38,22,28,000 USD. It’s a two-layered blockchain with a POI (Proof of Importance ) Consensual model.
NEM is also called as XEM for trading Identity and as an official cryptocurrency of NEM organization.
In the Early Stage
- NEM had a Good opening and recognition as a digital coin in the Japan region only, further taking to list of Asia’s top Cryptocurrency list in 2 years
- The mining of NAME is also popular for its unique distribution with financial support.
NEM (XEM ) Price Statics
NEM had the launch supply of 8,999, 999,999 XEM with an initial market cap of $407,147,499 USD. If one has invested in NEM in the launch the ROI would be 9000% high.
Currently, NEM(XEM) is trading at $0.042470 against US dollars.
NEM’s all-time high of $2.09 was in Jan 2018 and the last traded at $0.000079 back in Sept 2015. In the last 7 days, the price traded Swung from $0.045610 USD / XEM to $0.037670 USD/ XEM.
In the Last 24 hours, the asset managers to trade from as high as $0.043184 USD to as low as $0.041000 USD with a 24-hour trade volume
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The Price Chart
After the March performance when it finally managed to break the sustainability above the price level of $0.030 the market continued with a new RSI of $0.040 which was hit on 4th April and made a serious bullish correction to 6% low.
It was on April 27th the price surged back to $0.040 and took the bull ride again passing a small bullish ride.
Currently, the Assets are 1% high on 24 hours trading volume of $1,11,60,385 USD and is the doesn’t seem to stop low. The reports are bullish and the Asset can reach the next price level of $0.05.
The Support is at $0.309 below which the bulls will have a play but with various support at $0.045, $00.47. $0.005.
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