{"id":20257,"date":"2023-04-26T13:11:54","date_gmt":"2023-04-26T13:11:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/band-xem-price-prediction-as-bitcoin-bounces-to-29k\/"},"modified":"2023-04-26T13:11:54","modified_gmt":"2023-04-26T13:11:54","slug":"band-xem-price-prediction-as-bitcoin-bounces-to-29k","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/band-xem-price-prediction-as-bitcoin-bounces-to-29k\/","title":{"rendered":"BAND, XEM price prediction as Bitcoin bounces to $29k"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1682510096301-963b92a5-afb0-4d24-be0a-676d8b41d806-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1682510096301-963b92a5-afb0-4d24-be0a-676d8b41d806-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1682510096301-963b92a5-afb0-4d24-be0a-676d8b41d806-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/1682510096301-963b92a5-afb0-4d24-be0a-676d8b41d806-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Band Protocol (BAND) price was up 16% to $1.90 as major exchanges including Binance announced support for its network upgrade.<\/li>\n<li dir=\"ltr\">The uptick in cryptocurrency prices, with Bitcoin (BTC) price bouncing to $29,000, also saw NEM (XEM) price rise 4% to $0.04.<\/li>\n<li dir=\"ltr\">The price prediction for BAND and XEM is for a continued bullish flip, although buyers need to hold critical support levels.<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin (BTC)<\/a> flipped higher from key support that has held over the past few days, with the bump to $29,000 providing a fresh bullish outlook for the cryptocurrency. With BTC price 6% up in the past 24 hours and crypto bouncing as new concerns hit the banking sector, a few <a href=\"https:\/\/coinjournal.net\/news\/tag\/altcoins\/\">altcoins<\/a> look primed to make some decent moves.<\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/band-protocol\/\">Band Protocol (BAND)<\/a> and NEM (XEM) are green today, but what\u2019s their short term price outlook?<\/p>\n<h2 dir=\"ltr\">Band Protocol price prediction: BAND bullish above critical support level<\/h2>\n<p dir=\"ltr\">The Band Protocol network upgrade is coming on 27 April 2023 and the native BAND token is surging. Major exchanges, including <a href=\"https:\/\/coinjournal.net\/exchanges\/binance\/\">Binance<\/a> are set to support the upgrade, and that has the community excited. But what\u2019s the BAND price outlook?\u00a0<\/p>\n<p dir=\"ltr\">BAND\/USD recently broke down from a rising parallel channel on the daily time frame to hit support around $1.65. Today\u2019s double digit gains (BAND price is up 16% at the time of writing) has the coin trading above both the 50-day and 200-day exponential moving averages.<\/p>\n<p dir=\"ltr\">While the upside momentum is likely to push the price of Band Protocol higher, the key resistance zone is at the $2.0 psychological level. A bullish performance over the next few days could see buyers target $2.8.<\/p>\n<p dir=\"ltr\">On the downside, failure to consolidate gains above the $1.8 level could leave sellers eyeing $1.33.<\/p>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 600px\"><span class=\"fr-img-wrap\"><\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/03\/26\/1682509783708-0d334e66-f2ef-4185-b5fd-fad9bc2d2255.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"263\"\/><span class=\"fr-inner\"\/><\/p>\n<p dir=\"ltr\">Band Protocol price chart. Source:<a href=\"https:\/\/www.tradingview.com\/x\/FNkYUhp7\/\" rel=\"noopener noreferrer\" target=\"_blank\">\u00a0<u>TradingView<\/u><\/a><\/p>\n<p><\/span><br \/>\n<\/span><\/p>\n<h2 class=\"fr-img-space-wrap2\">NEM price prediction: can XEM break higher this time?<\/h2>\n<\/div>\n<p dir=\"ltr\">The XEM cryptocurrency has largely plateaued since its descent from highs of $0.77 reached in March 2021. Having corrected to lows of $0.028 in December 2022, XEM\/USD flipped positive to hit $0.056 in February 2023.<\/p>\n<p dir=\"ltr\">The cryptocurrency retested the $0.028 support level again today, 26 April 2023. But bulls are battling to recoup gains amid the overall crypto bounce.<\/p>\n<p dir=\"ltr\">The coin currently trades near $0.04, with about 4% upside in the past 24 hours. But XEM remains negative on the week and in the past 30 days, trading 11% and 5% down respectively over these time frames.<\/p>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 600px\"><span class=\"fr-img-wrap\"><\/p>\n<p dir=\"ltr\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/media.igms.io\/2023\/03\/26\/1682509857933-5096b07a-89ad-4f17-912d-bbe9d81b7a09.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"236\"\/><span class=\"fr-inner\"\/><\/p>\n<p dir=\"ltr\">XEM price outlook on the daily chart. Source:\u00a0<a href=\"https:\/\/www.tradingview.com\/x\/ysCKdlEL\/\" rel=\"noopener noreferrer\" target=\"_blank\">TradingView<\/a><\/p>\n<p><\/span><br \/>\n<\/span><\/p>\n<p class=\"fr-img-space-wrap2\">A bearish crossover preceded the dip to the multi-month low and buyers have to reclaim $0.04 to extend today\u2019s upside. Also, the daily RSI below the 50 line does not suggest much joy for bulls and a potential downward break to $0.033 and then $0.028 is a more likely short term scenario.<\/p>\n<\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/band-protocol-band-and-nem-xem-price-prediction-as-bitcoin-bounces-to-29k\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Band Protocol (BAND) price was up 16% to $1.90 as major exchanges including Binance announced support for its network upgrade. The uptick in cryptocurrency prices, with Bitcoin (BTC) price bouncing to $29,000, also saw NEM (XEM) price rise 4% to $0.04. The price [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":20258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/20257"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=20257"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/20257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/20258"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=20257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=20257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=20257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}