NEM Price Analysis: XEM Price May Give Upto 50%

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XEM price traded at $0.38 with a loss of 17% in the last 24-hour and 49.53% down in the weekly time-frame. It is trading at the lowest levels so it is a great time to buy on dips. In contrast, the market capitalization stands at $3.456 billion. Technically, investors may not perceive any crossover in SMA. Moreover, the movement of price can be towards the resistance of $0.60.

Resistance: $0.60

Support: $0.32