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PAB
PAB
PAB
PAB
PAB
PAB
PAB
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PEN
PEN
PEN
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PEN
PEN
PEN
PEN
PEN
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PHP
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PHP
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RUB
RUB
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SBD
SBD
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SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
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SCR
SCR
SCR
SCR
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SDG
SDG
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SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SGD
SGD
SEK
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SLL
SLL
SHP
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SSP
SSP
SRD
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STN
STN
STD
STN
STN
STN
STN
STN
STN
STN
STN
STN
STN
STN
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SYP
SYP
SVC
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
THB
THB
SZL
THB
THB
THB
THB
THB
THB
THB
THB
THB
THB
THB
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TMT
TMT
TJS
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TOP
TOP
TND
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TTD
TTD
TRY
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TZS
TZS
TWD
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UGX
UGX
UAH
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UZS
UZS
UYU
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VND
VND
VES
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
WST
WST
VUV
WST
WST
WST
WST
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5686
Cryptocurrencies53.49%
Bitcoin Share
Cryptoknowmics
2022-05-14 07:31:08
XEM Technical Analysis: Buyers Rest After Shattering $0.50
XEM price action displays a retest of $0.50 breakout with a Doji candle forming in the daily chart. Should you expect a post-retest reversal to reach $0.10? Key technical points: The XEM prices grew by 17.96% last day. The K and D lines start a new bull cycle. The 24-hour trading volume of NEM is $63.78 Million, indicating a 45% hike. Past Performance of XEM With the start of April 2022, bears overtook XEM prices’ trend control, resulting in the downside breakout of a consolidation zone above $0.10. Then, with the formation of three black crows or three consecutive bearish candles, the downtrend consolidates at $0.09, as we mentioned in our previous article, before succumbing to the recent market correction. The downfall accounts for a 70% decrease in 40 days and brings market value to $0.03, but the morning star pattern with a bullish engulfing candle accounting for a 38% jump retakes $0.50. Source-Tradingview XEM Technical Analysis As we can notice in the XEM/USD technical chart, the freshly bullish candles face higher price opposition above $0.50, resulting in a long-wick formation. Hence, the chances of failure increase which may shortly drive the prices under $0.50. The falling trend of the crucial daily EMAs while maintaining a bearish alignment displays the long-term correction phase. Hence, the EMAs will provide dynamic resistance to bullish growth. The RSI slope surpasses the 14-day average after exiting the oversold ...
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