Currently, NEM is one of the top cryptocurrencies that saw some gains on 21st November. Some cryptocurrencies, like Bitcoin Cash, made gains against the fiat, rising by more than 17% at a point, while hours later the whole market began to drop again. Despite this, NEM is showing signs of a rebound
NEM (XEM) Price Today – XEM / USD
Price 24H (%) 2.51%
NEM Price Prediction for 2018: Will NEM Rise?
Although the price of NEM reduced from 0.092$ to 0.086$ in seven days. Compared to other top trading cryptocurrencies, NEM is still less affected by the recent market dip. NEM lost just -15% during this period, compared to cryptocurrencies like BTC, ETH, and BCH that lost from -25% to -49% against the fiat.
In Addition, NEM was able to rise during the rebound on 20th November, and despite the fact that the rest of the market went into the red again, NEM kept rising. In January, NEM reached its all-time high when it was priced at 1.87$ per one unit. Since then, NEM dropped by -95% also went down by almost -60% on the year to date chart.
Considering NEM’s current pace of growth in the market, by the end of December, its maximum price could reach $0.090.
NEM’s 2019 Price Prediction: Will NEM get to $1 in 2019?
Back in January, NEM almost made it to the value of $2 having an all-time high of $1.87. With this, a good number of people expects the price of NEM to at least get back to $1 in 2019.
If there is no improvement in trends, NEM could start year 2019 with a value of $0.060. This tells us that, for now the $1 value is unrealistic. Considering NEM’s previous momentum in the market, it could drop to $0.030 by the end of 2019 and if there is no improvement in market trends.
It will surely be a great challenge for NEM to acquire a positive momentum that will be strong enough to get it back at $1, as the market seems to dropping continuously.