The NEM platform is a mix of Ethereum, Bitcoin and Ripple. The NEM team is focused on integration into the banking system and cooperation with banks.
Reason of purchase:
As a result of the appearance of the volume, the decline has stopped-so we can conclude that this is the purchasing volume. The coin is in the area of strong support, and has a good chance to bounce off it. But the price can push it, so stop-loss put for the next support-3000 Satoshi.
Crypto-currencies will soon enter our lives very tightly. I do not think that there will be a financial revolution and everything will go from Fiat money to crypto-currencies. Most likely there will be a transition stage through corporate and banking cryptocurrencies like Xem. Therefore, they have the greatest potential for growth in the coming years. For this reason, you should definitely keep these coins in your portfolio-Ripple, Xem, Stratis, OmiseGo, Stellar Lumens.
Price-3230 Satoshi
Targets-3600, 3800, 4000, 4000
Stop loss-2850 (10%)