NEM or New Economy Movement is a two chain ecosystem that provides solutions to businesses and individuals.
As is well known, NEM has launched the earliest blockchain evolution on March 17 known as Symbol.
Most recently, NEM has just upgraded Desktop Wallet to Version 1.0.4 which is currently available as announced on the NEMofficial Twitter tweet.
#Symbol Desktop Wallet Version 1.0.4 now available.
This update includes improvements to stability, and bug fixes.
Download the new wallet here: https://t.co/E9ERf353Pp pic.twitter.com/Vd0bgzBPJ8
- NEM (@NEMofficial) July 14, 2021
The launch also makes improvements in stability improvements and resolves a few issues or bugs experienced in the past.
Looking at the XEM/USDT chart, the XEM price movement continued to display a drastic jump of over 25% during today’s market movement session.
The surge has also broken through previous highs to hit the latest high in July around $ 0.147.
The SBR (support become resistance) level of $ 0.15 will be tested and it is also the strongest support level in May and June trading.
If the XEM price movement manages to jump above the SBR level of $ 0.15, the price is seen to be heading to the resistance zone of $ 0.17-0.175 again.
If the rise is not successful, the RBS (resistance become support) zone around $ 0.12- $ 0.125 will be tested again.
The $ 0.12- $ 0.125 RBS zone will be evaluated by investors to determine the next direction of movement for the XEM price.
While the lower decline is expected to lead to a lower RBS level at the $ 0.11 level.
As of 4.00pm local time, the price of XEM jumped over 13% to trade at a price level of around $ 0.13.
