XEM (NEM) is one of the oldest and solid project in the crypto space. Recent news about funding can be described with one word: "FUD".
For me it's great opportunity to buy.
XEM is going to release Catapult later this year with 4000 TPS.
This project has one more great advantage - 0% inflation rate.
TA details:
Bullish divergence on weekly chart;
Oversold RSI;
Falling wedge on weekly;
It's landing on 3 year support (around 1100 sats);
Trade carefully and do your own research.
Good luck!