XEM Has an Upside Potential to Catch Up the Market
NEM (XEM) is currently trading neutrally around $0.0352 for the week, lagging behind the market as Bitcoin (BTC) leads with a 8.5% increase to $46,400 per coin. From a technical standpoint, XEM has a positive aspect as the support of its uptrend at $0.0350 holds. While there is no specific news to support the altcoin, there are also no negative developments putting pressure on it. Therefore, based on technical analysis, a rise to the resistance at $0.040 is considered justified.
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