NEM, $NEMBTC

in #steem7 years ago

NEM, $NEMBTC - is in a pretty long consolidation / accumulation targeting further up at around 5800 sats. In general it is also showing signs of bullish divergence (RSI bullish and price bearish) --> price reversal inside an ascending triangle is a possibility.

Fundamental update - Jeff McDonald shows how #NEM might get ahead of #Ethereum eventually, it is worth a read at the very least to get his perspective!

Link: https://cryptocomes.com/nem-puts-coincheck-behind-looks-forward-to-industry-changing-catapult-tech-jeff-mcdonald

Sort:  

Moving Averages is not producing possitive signal for NEMBTC. May be price could over 4350 BTC level, then technical view can reverse to possitve

it will never over take ETH no matter what Jeff thinks!

You got a 7.00% upvote from @brandonfrye courtesy of @cryptoiceman!

Want to promote your posts too? Send a minimum of .10 SBD or Steem to @brandonfrye with link in the memo for an upvote on your post. You can also delegate to our service for daily passive earnings which helps to support the @minnowfund initiative. Learn more here

You got a 9.16% upvote from @postpromoter courtesy of @cryptoiceman!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!