NEM (XEM) Price Falls By 21.18% Over The Last 12 Hours, Breakout Near $0.04: Is This The Beginning Of A Parabolic Drop?

(VIANEWS) – Over the last 12 hours, NEM (XEM) (XEM-USD) is 21.18% down at 12:25 EST Thursday, 25 January which is 1639.22% lower than the last 48 hours average change.

Volume

Today’s last reported volume for NEM (XEM) is 130039235, 100.55% above its average volume of 64840902.97.

Volatility

NEM (XEM)’s last week, last month’s, and last quarter’s current intraday variation average was 2.86%, 0.87%, and 3.21%, respectively.

NEM (XEM)’s highest amplitude of average volatility was 7.18% (last week), 4.46% (last month), and 3.21% (last quarter), respectively.

Market Cap and Supply

NEM (XEM)’s current market cap is at 372832355

Social Status

Currently, NEM (XEM) (XEM-USD) has 342460 Twitter followers.

As of now, on Github, there are 62 forks, 101 stars, and 38 subscribers.

All TIme High and Low

NEM (XEM)’s current value is at $0.04 which is 97.78% below its all time high of $1.87 at Sunday, 7 January.

NEM (XEM)’s current value is at $0.04 which is 48741.58% above its all time low of $1.87 at Saturday, 5 September.

News about Bitcoin

  • Bitcoin forecast: Bitcoin continues to languish after ETF announcement – 24 January 2024. According to DailyForex on Wednesday, 24 January, "Either way, we’re about to see some type of decision made with Bitcoin that could last for quite some time recapturing the 42,000 level would be extraordinarily bullish, but right now things don’t look good.", "With that being the case, I think you have to look at this as a market that doesn’t know what to do with itself because quite frankly, we just got the ETF and all we have done since then has been falling so with that being the case, I think you have to look at Bitcoin as a market that’s in serious trouble because this has been, yet another sell the news type of event if you remember when we originally had the futures contract released That was the actual top of Bitcoin in the first bull market."
  • Btc/usd signal: Bitcoin multi-timeframe analysis – 24 January 2024. According to DailyForex on Wednesday, 24 January, "In most cases, Bitcoin and other assets tend to drop after a major move or news. ", "The daily chart shows that the BTC/USD pair peaked at 49,107 after the spot Bitcoin ETF approval. "
  • Btc/usd signal: Bitcoin gets extremely oversold – 23 January 2024. According to DailyForex on Tuesday, 23 January, "Therefore, the outlook for Bitcoin is bearish, with the next point to watch being at $38,000. ", "The ongoing Bitcoin crash is primarily because of investors who are selling the ETF news since the coin jumped from below $20,000 in 2023 to over $40,000 as it became clear that the SEC would approve the funds."
  • Bitcoin forecast: Bitcoin continues to look for floor – 23 January 2024. According to DailyForex on Tuesday, 23 January, "What I find interesting is that the Bitcoin market has done nothing but fall since the announcement of the Bitcoin ETF.", "His lungs is going to be the case, I just don’t see how Bitcoin takes hold of the financial markets for anything more than just pumping and dumping. "
  • Bitcoin forecast: Bitcoin continues to wrestle with $40,000 – 25 January 2024. According to DailyForex on Thursday, 25 January, "After all, it is worth noting that Bitcoin has done nothing but sell off since we got the Bitcoin ETF announcement, which is much like when we had the new futures contract come out a few years ago we saw Bitcoin fall apart. ", "If we can get a daily close above that 50 day EMA, then I think it’s very likely that Bitcoin will continue to go higher. "

More news about NEM (XEM) (XEM-USD).

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