NEM Price Prediction Today: Daily (XEM) Value Forecast – July 1


  • The price of NEM is trading between the levels of $0.7000 and $0.1000. Today, the bulls may likely test the upper price .
  • However, the bulls pulled back price to break the EMAs.

XEM /USD Medium-term Trend: Ranging

  • Resistance Levels: $0.1000, $0.1100, $0.1200
  • Support Levels: $0.0800, $0.0700, $0.0600

In the previous week the price of NEM had been in a sideways trend. There had been no significant price change. The moving averages were trending horizontally in between the price range. The price of NEM is trading between the levels of $0.7000 and $0.1000. Today, the bulls may likely test the upper price .

Nevertheless, the small body candlesticks like the Doji and spinning tops are responsible for the range bound move. The candlesticks describe the indecision between the buyers and sellers at the current market price. These Doji and Spinning tops contribute to the consolidation of price action. The crypto has choppy price action. Nevertheless, the price of NEM is in the oversold region of the daily Stochastic but above 40% range. This indicates that price is in a bullish momentum and a buy signal.

XEM/USD Short-term Trend: Ranging


On the 1-hour chart, the price of NEM is in a sideways trend zone. The moving averages are sloping horizontally. On June 23, the bears broke the 12-day EMA and the 26-day EMA to the $0.0890 price level.

However, the bulls pulled back price to break the EMAs. Meanwhile, the stochastic is in the overbought region above the 60% range. This indicates that price is in a bullish momentum and a buy signal.

Live NEM (XEM) Price:

1 XEM/USD =$0.7916 change ~ 11.61%

Coin Market Cap

$7.12 Billion

24 Hour Volume

$379.01 Million

24 Hour VWAP

$1

24 Hour Change

$0.09

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide