oliviermo75

XEM/USD Cryptocurrency Markets Haven’t Stabilized Yet

POLONIEX:XEMUSD   NEM / Dollar (calculated by TradingView)
Here we have XEM/USD on the 4H chart.

The past two to three days have been somewhat positive for most cryptocurrencies as ETC/USD, LSK/USD in existence. After a terrible weekend and start to the week, most markets have reclaimed a lot of lost value. We are still months, if not years, away from seeing new all-time highs across the board. NEM             is one of the few altcoins to have lost value relative to both USD and BTC             in the past 24 hours.

As we can see the current NEM             price dropping below $0.55 again, things are not looking all that impressive. Even though the NEM             price reached US$0.60 following the massive dip to US$0.40 a few days ago, things are now starting to head in the right direction.

I am expecting XEM             to get back up to the higher levels soon but slowly.

Bare in mind, that
Now we are seeing a minor NEM             price correction, there is a new buy opportunity for cryptocurrency holders looking to diversify. Bare in mind that NEM             rise hit an all-time high of US$1.90 (03-01).

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