NEM Price Analysis: XEM Coin Pullbacks From The 55-EMA

  • The XEM coin price manages to stay above the several EMA’s during intraday.
  • The 24-hour trading volume is at $43 million.
  • XEM/BTC pair is trading positive by -3.0% at 0.00000299 BTC.

Moving Average (EMA) In the XEM coin daily price chart containing 8,13,21,55 EMA, it is reliable support for currency price movements. Investors can find that price moves above the yellow line and guarantee a XEM uptrend as long as prices are above the moving average.

The volume (17.341 M) is below the 20-day moving average (88.197 M). The volume is low, so the cost is struggling for several days. Investors may also mark a decrease in volume. This indicates that unusual changes are normal on the following trading days.

XEM Coin Price Expecting to Test Resistance Zones Once Again

The daily price chart of the XEM coin bounced from the support zones. Depending on the price action, the support area is within $0.14. On the flip side, the resistance range to look for is around $0.24.

The RSI showed a signal of 53 (bullish) with a short-term buy sign. Investors may find that the indicator’s RSI line is sloping upside. A surge can happen on future trading days.

The MACD shows a (bearish) cross below the signal line on November 10, indicating a sell signal for the currency. In addition, investors can see red bars in the histogram indicator.


Today’s price of NEM is 0.197192 on a 24-hour trading volume of $43,431,305. XEM prices have increased 2.2% in the past 24 hours. There are 9 billion XEM coins in circulation, and there are a total of 9 billion coins.

RSI shows a buy sign, and MACD indicates a sell signal. Traders have directed low volume. In fact, the cost bounced from the support zone. A market overview also shows that this pattern will continue to surge in the coming trading days.

Resistance Level: $0.24

Support Level: $0.14

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