NEM STILL NOT READY FOR A POSITIVE BREAKOUT
The weekly technical chart of NEM highlights a bullish move for the coin.XEM price has also seen a gain of 1.42% on the weekly time frame.The daily chart of NEM highlights a consolidated move for the next few trading sessions. On coming to the shorter time frame of 4 hours, the coin has formed a accumulation zone.If the price breaks above the accumulation zone than a big rally can be seen in upcoming trading sessions.NEM price can also see a new low if it comes below the supply zone.
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Kindly comment your thoughts below
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