After breaking out, NEO bulls struggle to take it higher. Sustaining supports is key. NEO bulls have not been able to carry on the momentum after the prices broke out of a descending triangle pattern on the medium term charts, as a result, it has been consolidating and giving up gains. NEO/USD is biggest loser of the day among the major cryptos, trading more than 2 percent lower at $32.360, at the low point of the day. On the 480-minute chart, earlier this month, NEO broke out of a falling triangle, which is a bullish sign. For a week NEO has been able to hold on to the gains, but only to give up major part of the gains later. If, this breakout needs to be sustained, then NEO should hold on to $30 levels for now while on the upside crossover of $41 is a must. NEO/USD 480-minute chart: FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Monero price analysis: Is it falling wedge again? FX Street 5 years After breaking out, NEO bulls struggle to take it higher. Sustaining supports is key. NEO bulls have not been able to carry on the momentum after the prices broke out of a descending triangle pattern on the medium term charts, as a result, it has been consolidating and giving up gains. NEO/USD is biggest loser of the day among the major cryptos, trading more than 2 percent lower at $32.360, at the low point of the day. On the 480-minute chart, earlier this month, NEO broke out of a falling triangle, which is a bullish sign. For a week NEO… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
