It has become overduidelijk most cryptocurrency markets will head ter a very interesting decision moving forward. Spil of right now, the NEM price is making some big sways, even tho’ this is primarily due to the fresh listing on an exchange. From a technical point of view, there are no efectivo switches to warrant a NEM price increase.
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NEM Price is Moving up Again
Even tho’ the year has not bot overly kleintje to NEM te many different ways, things are still looking pretty positive spil of right now. Even tho’ the NEM price succesnummer $0.Five a few days ago the value quickly dipped to $0.24 again overheen the weekend. Right now, wij are looking at a nice 13.28% increase to thrust the NEM price to $0.323 merienda again.
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It seems most of this surge is fueled by a latest listing of NEM on the Binance exchange. Albeit Binance is the largest altcoin exchange ter the world right now, it is overduidelijk them adding NEM should never cause any major price spikes. Technical currencies like this one should appreciate te value whenever the developers make some big switches. Right now, that is not happening for NEM, even tho’ one could argue the NEM price has bot suppressed due to the latest negative market pressure.
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With this latest 13.28% increase ter NEM price, things are looking pretty good for this altcoin. It is also interesting to note how NEM has appreciated by Ten.78% overheen Bitcoin, which is also rising ter value. Merienda again wij see altcoins thrive only when Bitcoin is moving up. It seems this correlation will not be violated for quiebro some time to come, albeit it remains to be seen how high the NEM price can go moving forward.
With $306.39m ter 24-hour trading volume , the request for NEM is not slowing down by any means. It is not the highest trading volume this currency has everzwijn seen, yet it goes to vertoning the overall liquidity ter cryptocurrency is leisurely returning. There is still a very long way to go before things get “good”, however, but every puny victory should be welcomed with open arms.
Spil of right now, Upbit, Bittrex, and Zaif are the three big exchanges for NEM. Coinmarketcap has not added Binance to this list yet, hence it is difficult to gauge how popular the particular market is right now. Without the request from South Korea, NEM’s trading volume would be half of what it is right now. It is overduidelijk that particular market is attempting to make things toebijten for all cryptocurrencies spil of right now.
Whether or not wij will see more NEM price gains ter the near future, remains to be seen. The cryptocurrency markets are still subject to serious volatility, and positive trends have not lasted all that long via . It is certainly possible wij will see a NEM price of $0.35 straks today, but merienda people commence taking profits, the druppel to $0.Three or perhaps lower can occur pretty quickly.