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Disclaimer: Cryptomover is not a licensed financial advisor. The information presented in this piece is an opinion, and is not purported to be fact. Cryptocurrency is a volatile virtual commodity and can move quickly in any direction. Cryptomover is not responsible for any loss incurred by following this advice.


23.TECHNICAL ANALYSIS: XEMBTC (Published: 14th Jul, 2017)
XEM/BTC has entered the support zone with diminishing volume and might stay at this level for a while. Investors should look for breakouts at around 0.000060. However, if the price continues to fall, a support level is expected at around 0.000035. Hence, it is also possible to short when the price goes below 0.000051 and earn a substantial amount of profit.

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