NEO is one of the worst-performing coins, drops to 13th place The key resistance at $50.00 is out of reach as of yet. NEO dropped to the 13th place with current market cap $2B and average trading volumes $55M. It is changing hands at $31.26, mostly unchanged on daily basis and down about 1.5% since the beginning of the day. The coin touched $28.60 low on Sunday, it’s the first time the coin dipped below $30.00 handle since the end of November. NEO is most actively traded at Bitfinex with over 48% of trading volume attributed to NEO/BTC transactions. The coin has lost nearly 60% since the beginning of the year, however, it is still 12% higher than this time last year. NEO has been one of the worst performing coins as it failed to regain ground after a strong downside movement of the previous week. From the longer-term point of view, the upside is capped by the sloping trendline from February 27 peak, currently at $34.00. A sustainable move above this level is needed for extended recovery with the ultimate goal at $50. On the downside, the local support is produced by Sunday’s low at $28.60, followed by $24.00, which is the lower line of the trading range that dominated for the most part of 2017. 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 EUR/USD extends the rebound to 1.1650 on IFO FX Street 5 years NEO is one of the worst-performing coins, drops to 13th place The key resistance at $50.00 is out of reach as of yet. NEO dropped to the 13th place with current market cap $2B and average trading volumes $55M. It is changing hands at $31.26, mostly unchanged on daily basis and down about 1.5% since the beginning of the day. The coin touched $28.60 low on Sunday, it's the first time the coin dipped below $30.00 handle since the end of November. NEO is most actively traded at Bitfinex with over 48% of trading volume attributed to NEO/BTC transactions.… 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.