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XEM

BUY/HOLD Recommendation for New Economy Coin XEMThe New Economy Coin has a long history relative to other altcoins and has recently shown exponential gains in price. It is my recommendation to buy or hold this interesting alt. The coin features are unique such as NEM's multisig solution (details can be found on the coin's website at www.nem.io ). Encrypted messaging is also an interesting feature. Of course this can be done with a multitude of platforms, XEM has the regular features with some 'Easter Eggs' to boot. Japan has recently legislated BTC is able to be accepted at retail outlets throughout the country, and it is logical to think other alts will follow. XEM is also the 4th most popular alt at this time in Japan, arguably a leader in the cryptocurrency space. XEM has a unusually high circulation with a total supply of 8,999,999,999 XEM non-mineable coins . The total circulation is the same, accounting for the relatively low price to BTC ratio. The penultimate supply of coins will stay at 8,999,999,999. It is my recommendation to hold or buy XEM for a targeted gain of .00021000 BTC. This recommendation should not be considered investment advice, and is targeted to experienced and interested parties. You are responsible for your own decisions. Please consult a financial professional before investing. Any investment carries a degree of risk, and while the cryptocurrency market is becoming more widely accepted there are many risks involved.
Long
by ljs411
7
XEM in full bull modeShortly after I posted my last chart, XEM successfully broke out of the falling wedge and made a nice run up to 1784, then consolidated a bit, and shot straight to 1984 hitting exactly the fib level from my fib fan. Right now we are seeing a retracement to 1784 which became a new strong support level. My projection is that we will probably see a bit of consolidation again and then make another attempt at breaking 2000. Once 2000 breaks we will probably see the price jump into the mid to high 2000s.
Long
by mexxer