NEO’s bullish momentum stalls around $15 as sideways trading kicks off. NEO/USDT perpetual contract trading starts on Binance Futures. NEO is in the green on Monday during the European trading session. The bullish momentum is taking action after a couple of days of the bulls enduring battering from the bears. The losses on Sunday and Monday tested the support at $13.00. However, an ascending trendline support came in handy and put a stop to the bearish pressure. Advancement towards $20 appears to be losing momentum at $15. Besides, the $16 level is an immediate seller congestion zone that must come down for gains towards $20 to materialize. The bulls remain relatively in charge at the time of writing. The RSI at 64, although in levels lower than those seen last week, shows that the bulls have the power to hold above the first support at $14.00. Besides, the bulls’ position and influence are reflected in the gap between the 50 SMA and the 200 SMA. Therefore, the price will remain in the hands of the bulls but further movement north will require a significant boost. Binance Futures launches NEO perpetual contract Binance Futures, the platform that offers future contracts trading for various cryptoassets has added support for NEE perpetual contract (NEO/USDT). Trading of the contract started on Monday and gives an opportunity for traders to access up to 50x leverage. NEO/USD daily 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 Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. Crypto News share Read Next GBP/USD slips back below 1.30 as UK wages miss estimates with 2.9% FX Street 2 years NEO’s bullish momentum stalls around $15 as sideways trading kicks off. NEO/USDT perpetual contract trading starts on Binance Futures. NEO is in the green on Monday during the European trading session. The bullish momentum is taking action after a couple of days of the bulls enduring battering from the bears. The losses on Sunday and Monday tested the support at $13.00. However, an ascending trendline support came in handy and put a stop to the bearish pressure. Advancement towards $20 appears to be losing momentum at $15. Besides, the $16 level is an immediate seller congestion zone that must come… Top 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.
