NEM - Bullish divergence and market cycle

XEM/BTC is currently trading on a very strong support which shows a very good opportunity to go long. This shows that NEM has almost completed its market cycle. There's also a bullish divergence on RSI, another good signal to go long. If this support doesn't hold, next one is at ~2200.

Now regarding fundamentals, NEM has a scheduled release to their version 2.0 of Catapult NEM on May 31st or earlier.