Neo is showing weak strength on the RSI where it broke the support line which could indicate a further push down towards 10$ where we will be looking for the uptrending channel to hold support.
8.65$ is another level to watch for. Could potentially be a good place to pick up some for a long position.
Neo has been consolidating in a range for almost 1,5 years in the range of 5-20$.
I personally believe a crypto run will come sooner than later and the recent attention and small rallies we had all across the crypto board could be a testament for a break out is on the horizon.
(YTD at their recent peak level)
BTC 53%
Litcoin 120%
Zcash 190%
8.65$ is another level to watch for. Could potentially be a good place to pick up some for a long position.
Neo has been consolidating in a range for almost 1,5 years in the range of 5-20$.
I personally believe a crypto run will come sooner than later and the recent attention and small rallies we had all across the crypto board could be a testament for a break out is on the horizon.
(YTD at their recent peak level)
BTC 53%
Litcoin 120%
Zcash 190%