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Numeraire Price Analysis: NMR/USD explodes after listing on Binance, eyes $200M market cap

  • NMR price is currently around $60 after another significant pump from $40.
  • The Numeraire price has been quite flat for the majority of 2020 and had almost no volume.
Numeraire Price Analysis: NMR/USD explodes after listing on Binance, eyes $200M market cap
Lorenzo StroeLorenzo StroeIndependent Analyst

Numeraire got a huge boost in price and volume after getting listed on the top exchanges like Binance, Coinbase Pro and others. NMR now has more than $50 million daily trading volume and is ranked 76th by market capitalization after hitting $60. 

NMR/USD 4-hour chart

NMRUSD

NMR was trading sideways before the last price explosion towards $70. In just a few hours, bulls managed to push NMR from $40.29 to $67.5 – that is a 67.5% jump – and the pullback hasn’t been too steep.

Author

Lorenzo Stroe

Lorenzo Stroe

Independent Analyst

Lorenzo is an experienced Technical Analyst and Content Writer who has been working in the cryptocurrency industry since 2012. He also has a passion for trading.

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