NEO lost 6% since the start of the day. Critical support at $30.00 is at risk. NEO has lost nearly 6% since the start of the day amid global cryptocurrency sell-off. The coin is changing hands at $31.38, off the intraday low registered at $31.39. NEO takes the 12th place with market value $2.0B and the average daily trading volume of about $91M. NEO’s technical picture The technical picture doesn’t look inspiring as the price is moving quickly towards $31.00 and critical $30.00. NEO/USD stays below long-term sloping trendline and under all SMAs on 4-hour chart, which increases the bearish sentiments. The recovery is capped by $34.38 (that’s where the trendline intersects with 100-SMA, 4-hour chart). If we manage to clear this level, the recovery may be extended towards $36.70 (200-SMA). On the downside, the coin supported by the above-mentioned $31.00 level, followed by psychological $30.00. Once below, the sell-off may be extended towards $27/03, which is the lowest level since June 29. NEO/USD, 4-hour 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 EUR/USD sliding in the downtrend channel, but not collapsing Yohay Elam 5 years NEO lost 6% since the start of the day. Critical support at $30.00 is at risk. NEO has lost nearly 6% since the start of the day amid global cryptocurrency sell-off. The coin is changing hands at $31.38, off the intraday low registered at $31.39. NEO takes the 12th place with market value $2.0B and the average daily trading volume of about $91M. NEO's technical picture The technical picture doesn't look inspiring as the price is moving quickly towards $31.00 and critical $30.00. NEO/USD stays below long-term sloping trendline and under all SMAs on 4-hour chart, which increases the bearish… 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.
