Review on Nimiq by Mehdi hazni
NIM price and chart
The NIM currency has been on an uptrend in the last 3 months, which is why it has attracted many traders. Nim is currently ranked 143rd in coinmarketcap, due to growth in recent months.
Of course, even after a good price increase, the NIM price is still about 89% lower than its All Time High, which was related to 2018.
The 4H time frame and BTC Pair diagrams show a triangular pattern. Of course, due to the distance of the end point of the triangle from the current price, this pattern may be broken at any moment and a sharp price jump up and down (I have shown the trend line in the screenshot below).
If the trend line is broken down, the next support level is 40 Satoshi, which may continue to rise again after entering this limit and reach much higher prices.
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Pros
- In recent months, a good uptrend has taken place, and given the stability of this trend, we can hope for a further uptake of the NIM currency.
- The project's Twitter page has about 22,000 followers, which helps increase its popularity
- This is a coin and mineable, and I see a better future for projects that offer a dedicated network (of course, this is my personal opinion).
Cons
- The price is still much lower compared to the all time high.
