NEM (XEM) Price Charts

There is another thread on this on Reddit: https://www.reddit.com/r/nem/comments/m1u0z0/trading_xem/?sort=new

I think we shouldn’t be fazed by this drop. Look at how extended XEM price is in the chart. This drop is a healthy correction.

We will have multiple announcements of partnerships tomorrow as well as PR, blogs and sponsorship & ad activity throughout the rest of the weekend and beyond. As it happens, we are sharing the output with the community.

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Great! Looking forward for tomorrow! I guess we can see something ninja style movement tomorrow. 🥷


do you really believe it?

One more analysis, which blames it on technical (apart from fundamental) reasons:

https://invezz.com/news/2021/03/10/nem-price-analysis-xem-dips-hard-as-it-breaks-the-triangle-formation/

Yet I think I tend to disagree with the analysts that this is to be blamed just on some obscure “technical reasons” (or as they put it, “the sudden dip came as a result of a technical formation”). In such a situation (and generally bullish market) I would not believe a sharp drop for purely technical reasons. Since fundamental analysis gives no good reason either, this must be an anomaly.

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what reason for the anomaly?

Maybe someone is deliberately bringing the price down. I would suppose that a normal drop in bullish market just before the launch of a mainnet and a lot of forecoming positive activity would not be so sharp. But why, I do not know. One plausible reason would be selling big quantities short to make weak bulls go with the panic and sell off. And then the short seller could buy a large quantity at a cheap price just before the opt-in. But I may be wrong.

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you are optimistic about xym ?
and if so, what do you expect as a price…

Just x2 my all xems on -10%, and again doubled on -20%. Hope it will go up soon :slight_smile:

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Seems that something is starting to change to better moments…
image

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better and better actually…

image

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Come on NEMbers! XEM is cheap right now! Let’s pump it up :rocket: :waning_gibbous_moon:

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Hey, can anyone explain this???

The snapshot for the airdrop will take place at the XEM block height of 3,105,500 or approximately 2021-03-12 00:50 AM (UTC).

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So far so good at $0.61. Let’s pump it up NEMbers :rocket: :full_moon:

Symbolcountdown.com has the countdown of the actual block height time.

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