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NEM Price on the Rise Due to Name Service Partnership

NEM (XEM) price has been on quite a rally the past day, gaining almost 10% in the past 24 hours. This is mostly due to the partnership with Portal Network regarding a name service that will be introduced to NEM.

Using Fib retracements we can see some key inflection points for XEM. When the price will touch these levels, more likely than not there will be some movement.

Those key points are:
Supports at: $0.101, $0.095, and $0.089
Resistance at: $0.107, $0.115, and $0.125

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