- The 24 hours trading volume of the token was 220,939,807 and the low of 7.72% was seen. The live price of XEM is $0.1155
- The token has shown the pattern of engulfing bearishness.
- The RSI oscillator for NEM shows the OVERSOLD action.
The NEM has been running above its 200 days moving average and also above its 50 days moving average. The chart above shows the movement of the token with respect to SMA-20, SMA-50 and SMA-200. SMA-20 has crossed SMA-200 after a long time and is marked with a circle in the chart whenever it has crossed SMa-200. SMA-50 was achievable at times. The trendline marked in the chart shows the movement of SMA-20 above SMA-50 and SMA-200 and the returns are calculated on that basis. We see the gradual fall in returns starting from 15% to 9.91% and so the returns are expected to be lower than the other two for recent scenarios. However, we could see the hike in returns compared to the previous one.
An RSI oscillator is also present in the chart which shows the proper time to buy or sell the token. RSI for the last 5 hours shows the value of 35.464 and marks the sell action. MA-5, MA-10 and MA-20 show the sell action as well. However, the NEM at present is all set to SELL. If you have got the expected returns then sell it.
The bull/bear power has the value of -0.0348 and shows the sell action. The high/low marks the neutral action with the value of -0.0232.
The NEM-BTC pair is trailing at the level of 0.000003917 and the low of 18.78% was seen whereas the NEM-ETH pair is trailing at the level of 0.00006688 and the low of 16.76% was seen in the last 24 hours. The token has shown the percentage change by 23.25% since yesterday’s open.
The volume/market cap of the token is 0.2139 and its market dominance is 0.09%.
Conclusion: The days range for the coin is 0.11365 – 0.15232 and presently is at 0.1167. The token has shown a decent gain to make its holder happy. It is expected to show a rise in the coming time but that would be more risky to hold it that long and also when the NEM has provided the fine returns, do not wait for that condition. If you wish to purchase this token then wait until SMA-20 goes below SMA-50 or 200.
- The unit is USD
- SMA-20: Green colour
- SMA-50: Red colour
- SMA-200: Blue colour