CryptoComes

XEM/USD Aims Upper Targets

HITBTC:XEMUSD   NEM
The currency pair added more than one percent in the past 24 hours but the general picture on the Hourly chart shows that there is no tendency currently and XEM/USD is consolidating. This consolidation may be the beginning of something huge and interesting.
The currency pair has reached the resistance area at $0.2002 on Monday and tried to cross it, but failed and retreated later. However, bulls are still in control as the price is close to this resistance area. It seems like buyers will test it in the nearest future. The possible ways for XEM/USD are the following:
1. Red scenario (bearish). The currency pair will test the support area at $0.1873 and if successful, the sellers will push it lower.
2. Orange scenario (neutral). XEM/USD will stay between the resistance area at $0.2002 and the support at $0.1873.
3. Green scenario (bullish). NEM will jump over the resistance area at $0.2002 and move higher targeting the next resistance at $0.2121.

Check the full crypto analysis HERE>>>.

All trading ideas every day on CryptoComes: u.today/pricewise

Everything about blockchain and crypto, Live 24/7 on CryptoComes: u.today/pricewise

Follow me and trade smarter with our insides!
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.