NEM (XEM) is seen as a strong altcoin that is following Bitcoin to the upside. The major cryptocurrency added more than 14% to $30,960 per coin. NEM is following with 9% up to $0.2816 for the same period. This is impressive amid disappointing moves of most of the other altcoins that have moved down after the “fake news” about spot Bitcoin-ETF approval by the SEC on October 16.

Bitcoin is seen to move up towards $36,000-38,000 per coin, while XEM may follow to $0.300.