On January 31, the NEM (XEM) price broke out above a long-term resistance line. The price has increased by 55 percent since.
NEM (XEM) Highlights
XEM has broken out above a long-term resistance line.
A golden cross is about to transpire.
The weekly RSI is bullish
The price is trading inside a short-term ascending channel.
There is resistance at 800 and 1400
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.