As I've written about a few days ago, NEM (XEM) was a cryptocurrency to watch, because it was about to break out either above the resistance trend line or below the support one. It wasn't very obvious then that it would break out above the resistance line rather than below the support line, due to the very long downtrend and the overall uncertainty in the market these past week or two.
However, now we have confirmation of a break out above the resistance line. Ideal entry point would be below 7,500 sat. Profit potential could be around 2x over the span of a few days.
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