NEM(xem)market reviews and price predictions

NEM market statement for 2022-11-27

Yesterday the price of xem stood at $0.03. The market capitalization of the asset was $295 128 272. NEM’s volatility was established at 0.22%. The trading volume of the coin reached $7 376 537.

NEM prognosis for the next days:

We estimate the price of NEM to be $0.03 tomorrow 2022-11-29 and $0.03 on 2022-12-05;

We estimate the market capitalization of NEM to reach $291 927 717 tomorrow 2022-11-29 and $296 011 265 on 2022-12-01;

We estimate the volatility of NEM to become 2.62% tomorrow 2022-11-29 and 2.42% on 2022-12-01;

We estimate the trading volume of NEM to amount to $30 112 778 tomorrow 2022-11-29 and $20 593 449 on 2022-12-01.

Our recommendation for the pair XEM/USD for tomorrow, 2022-11-29, to sell.

NEM(xem)week price prediction
1%
Price
Volatility
Capitalization
Volume
Oct 30Nov 06Nov 13Nov 20Nov 27Dec 04Oct 30Nov 06Nov 13Nov 20Nov 27Dec 040.0300.0320.0340.0360.0380.0400.0300.0320.0340.0360.0380.040
Today's review

The bullish pressure subsides between November 21 and November 27 as NEM gains only 1%.

Between November 21 - November 27, NEM has been mostly as its price has been in the rising mode. XEM was caught in a period of medium volatility, which was reflected in its price action. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the increasing trading volume.

Latest reviews

NEM slid down by 2% last week (November 19 - November 25) as the sellers pushed back.

The downward movement of the NEM price last week indicates the chosen market is. The volatility of XEM has been low throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

A 9% price increase last week (November 18 - November 24) confirms the bullishness of NEM.

The price of NEM was rising last from November 18 until November 24, giving enough reason to conclude that the market is. The price swings of XEM pointed to the presence of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The price action of the crypto coin last week took place on the back of increased trading volume.

November 17 - November 23 price action recap: NEM sees a weak 3% gain as the buyers take a step back.

The price of NEM was rising last from November 17 until November 23, giving enough reason to conclude that the market is. The price swings of XEM pointed to the presence of low volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the increasing trading volume.

Buyers weakened their grip on the NEM market (November 16 - November 22) as the price rose only by 2%.

The analysis of last week’s price action shows that the NEM market is in the bearish phase since the price has been moving upward. The volatility associated with the XEM market was low, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

NEM market stayed flat from November 15 - November 21.

NEM portrayed neutral behavior last week, with no changes in the price. XEM was caught in a period of medium volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

November 14 - November 20 price action recap: NEM sees a weak 3% gain as the buyers take a step back.

Between November 14 - November 20, NEM has been mostly as its price has been in the rising mode. XEM was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.

A 6% price increase last week (November 13 - November 19) confirms the bullishness of NEM.

The upward movement of the NEM price last week indicates the chosen market is. The volatility associated with the XEM market was medium, as were its price fluctuations. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.

Slightly bearish : traders witnessed NEM moving down 4% from November 11 till November 17.

NEM has been bearish last week as its price has been predominantly falling. The situation on the XEM market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

The bleeding market: NEM loses 8% between November 10 and November 16 as the selling pressure grows.

The behavior of NEM last week was characterized by the occurrence of downswings. The situation on the XEM market shows that the underlying asset is currently experiencing a period of medium volatility. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the increasing trading volume.

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