Price Analysis

Nem Price Analysis: NEM (XEM) Bounces Back to Cross $0.088 Soon

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  • XEM coin is likely to continue the upward surge in the weekend
  • Hold tight as XEM may showcase a bullish trend soon

XEM coin has not always gone by the market predictions although the coin has always shown immense potential for long term sustenance through marvelous performances on the crypto market exchange. Whenever the market has shown a bullish run, NEM is one of the coins to board the train fast and go on its steep growth curves. The current market performance is only paving the way for a brighter and better future.

NEM Coin Statistics:

As on June 6, 2019, at 07:46:32 UTC, XEM coin is trading at $0.082 and moving upwards again. The last three months show an interesting pattern of the coin movement. It started at a price of over $0.048 and now has grown almost 2x times to trade above $0.080. This shows an uptrend of 70% in the last three months, which depicts a phenomenal growth. However, the NEM had its share of dips post-April 10 till mid-May when the XEM value dropped from $0.077 to almost $0.047. Then, there came a steep surge, reaching a high of $0.10 in May.

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XEM/USD 3 Month Price Chart – TradingView

XEM/USD 3 Month Price Chart - 6 June

  • Currently, XEM is trading at $0.082 and 0.00001064 BTC
  • The market cap of the NEM coin is noted at $746,294,758
  • The NEM 24 h volume stands at $29,366,992
  • The ROI of the XEM coin sits at >9000%
  • The circulating supply has reached over 8,999,999,999 XEM

NEM coin will further rise to reach or maybe move past the $0.10 value in the coming weeks.

NEM Price Prediction:

The roadmap of future looks bright and shining for XEM coin, and the price can reach as high as $0.3 by the end of 2019. It may cross its all-time high value of $2.09 in the next three years or may even take a little longer subject to market volatility.

Conclusion:

Traders are more optimistic than ever about the future of NEM coin as it gives ROI of more than 9000% and hence investing in bulk may be a good option for now.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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