NEO/USD long-term picture remains bearish. Critical support comes at $32.00. NEO, the 13th largest coin, is trading at $34.78 to press time, having lost over 6.5% on a daily basis amid global correction after a strong rally. China’s flagship coin with a market value of $2.2B with an average trading daily volume at $113M slipped to the 13th place, which is now taken by Dash. NEO’s technical picture NEO is capped by 50-DMA, currently at $39.30. A sustainable movement higher is needed to provide strong upside momentum with the next aim at $40.00. However, this area has proved to be a hard nut to crack, as selling orders, clustered around key technical levels, pus the coin back on any break attempt On the downside, a lower board of the recent range at $32.00 creates strong support for the coin. That’s where new buyers are likely to join the game and push the coin off the dangerous lows. If this area is broken, the coin will slip to $30.00 and $27.00. NEO/USD, the 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 Crypto News share Read Next Italian Deputy PM Di Maio denies any clash with FinMin Tria – ANSA FX Street 5 years NEO/USD long-term picture remains bearish. Critical support comes at $32.00. NEO, the 13th largest coin, is trading at $34.78 to press time, having lost over 6.5% on a daily basis amid global correction after a strong rally. China's flagship coin with a market value of $2.2B with an average trading daily volume at $113M slipped to the 13th place, which is now taken by Dash. NEO's technical picture NEO is capped by 50-DMA, currently at $39.30. A sustainable movement higher is needed to provide strong upside momentum with the next aim at $40.00. However, this area has proved to be… 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.
