NMR Numeraire 4H Chart - NMRBTC NMRUSDT NMRUSD NMRETH NMRBNB
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💎Technical Analysis Summary💎 BINANCE: NMRBTC -NMR broke the local support at the 2800s sat -It is now facing selling pressure from the Bears -The most likely scenario is a retest of the recent swing low at the 2500s sat -If the Bulls can hold that area, we might expect an upside correction -For now, let's wait for further market...
NMR is following this bearing channel. Until there is a succesfull break-out it is bearish.
Retrace from the massive pump, now consolidating, looks like it wants to continue going. Interesting top 100 project, it's DeFi with very little social media hype.
NMR/BTC -The price is back at the previous resistance zone -The 50MA dynamic area is catching the price now -Also, the last Fib level of support which is 0.786 -It is currently trying to break the trendline resistance -If this will level will hold for the next 1-3 days -There is a chance of potential bounce up to 6000 sat or higher -Bearish side, candle body...
Coinbase Effect: The Altcoin Numeraire (NMR) Jumps 130% On Listing News It appears that the Coinbase Effect is in full swing. An hour ago, the leading cryptocurrency exchange announced that it will be listing a new coin on its professional trading platform, Coinbase Pro. The cryptocurrency it listed is Numeraire (NMR), a popular altcoin project from 2017, and it...
"Just For Educational Purposes" NMRUSD Possible future trends: NMRUSD has a Bullish wedge. If successfully manage to make the bullish movement, the Heaviest resistance ahead is Fibo-1. If it also manages to pass through this resistance line then it can go as high as the next possible resistant points: Fib- 1.61 and 2.61 and higher.
📌 A timely update to the NMR BTC chart after almost completing the retrace. Although AUM is still under 150m, it only highlights how undervalued NMR is. The number of stakers doubled since Q12020 from 300 to 600 and total stakes are now up to +/- $3.5M. The foundations are strong and in this position we are going to overprotect the support as follows: ...
$NMR buy and sell levels. Not financial advice. Trade carefully and good luck!
I was recently asked about Numerai I haven't looked much into it but it looks like a very complex project I have doubts it will get off the ground but maybe its just my state of mind, always open for another interpretation. From a TA perspective Scythes are being printed, which result in bullish continuation. So from a TA perspective it looks quite strong. This...
A good time to review the NMR chart almost a Quarter after ErasureCon... For those who attended you will know it was a major game changer with Numeraire introducing censorship resistant file sharing is here with Erasure (a decentralised data market with an immutable ledger). This is a new chapter for NMR with one of the few Crypto's with an established use case. ...
A short update here essentially with one intention to shed some light over the pending impulsive wave for Numeraire. Bulls wish to occupy the retrace, a swing in order to deliver; but if he tries to crack resistance at 99.000 bears have time to prevent him doing so. So the correct move here is loading on the retrace into our loading zone, leading sellers into...
Of course with the USD chart influenced by Bitcoin's performance. However, NMRBTC chart is similar, currently at the typical retracement for a handle (~50% of the height of the cup):
BITTREX:NMRBTC Hello Friends, I was looking for coins and got this massive potential guy. Coin price is at the bottom. It is climbing, so Buy and add later. I will update the post with Targets. This is pure technical call on breakout, need to study Fundamentals. If you have any info on fundamentals, please post here or let me know. More about the coin :...