NEO following a similar pattern to other alts
Thought I would post a NEO chart since its another alt that I like.
It is rather attractive to investors in that it pays dividends (GAS), that said, for it to survive long term they need to launch more tokens.
Price is heading toward the previous trend line (purple) which is coincidentally near the 0.786 fib retracement level.
Keep an eye on price but take note, it is fully driven by what Bitcoin does. This is just for reference.
If it breaks through the trend line, next stop could be around the previous spike low of $31.
It is rather attractive to investors in that it pays dividends (GAS), that said, for it to survive long term they need to launch more tokens.
Price is heading toward the previous trend line (purple) which is coincidentally near the 0.786 fib retracement level.
Keep an eye on price but take note, it is fully driven by what Bitcoin does. This is just for reference.
If it breaks through the trend line, next stop could be around the previous spike low of $31.
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