You can't keep a good XEM down! Or can you?
XEM has been in a clear down trend since the high at $2 and we are still getting rejected by the MA, keeping me bearish at this stage.
We have good buying pressure from 0.80c and I would expect strong support at 0.90c.
Buyers looking to speculate on the market longer term could do well to stack some orders inbetween 0.70c and $1.
Current resistance is between $1.2 and $1.3 and we could see a nice little run if the bulls can push the prices past those levels.
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We have good buying pressure from 0.80c and I would expect strong support at 0.90c.
Buyers looking to speculate on the market longer term could do well to stack some orders inbetween 0.70c and $1.
Current resistance is between $1.2 and $1.3 and we could see a nice little run if the bulls can push the prices past those levels.
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