Long

XEM/BNB 100% Plus PP

89
Hello Everyone.

As you can see on the chart, we have a possible breakout signal in the form of a bullish divergence. This coin has been sleeping for some time now and has been seriously oversold. It could be worth a look, keep eyes on this one and watch for the break out.

NEM has struggled since Coincheck was hacked JAN 2018. 523 million XEM coins were stolen, worth over $500 million at the time. NEM at its peak price so far was $1.92 on January 3, 201 and now is being traded for $0.05. Nem is still ranked as #16 at coinmarketcap.com and still has potential to recover. We could easily see 100% gains and beyond when this coin decides to bounce.

This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.

Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.

If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!

Cheers!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.