$NMR is up 40% in 24 hours, with the $17.7 level rejecting price exactly three times

Two days ago, $NMR was still moving sideways around $12. A single 1-hour candle sent the price soaring to nearly $19 on volume hundreds of times higher than usual, before cooling off soon after.

Since then, the price has been choppy within the $15.4–$17.7 range. The $17.7 level has rejected the price three times in a row over the past two days, pushing it back down each time.

Below, the $15.4 level has held firm through multiple tests — each time the price touched it, buying pressure immediately stepped in.

The price is currently between these two levels, around $16.5, and volume in recent hours has fallen considerably compared with the spike.

Personal observation, not investment advice

#NMR #Numeraire #Altcoin #Crypto