NEO hits new low of the year on Friday. Saturday’s bounce more of a dead cat bounce. NEO gives a bounce on Saturday in a relief for the bulls who have been mauled to the hilt as the price of this crypto hits a new low of the year on Friday even as the bounce seen on Saturday won’t last longer. NEO/USD is up more than 2 percent on day at $28.586 and near the high point of the day. After hitting new low of the year on Friday, at $26.717, NEO has bounced a bit and can go a little more higher towards $30 where it faces stiff resistance in the form a descending trendline on the 480-minute chart, which the bulls have not been able to cross everytime it reached there. Near term support for the bulls is exactly at the Friday’s low of $26.70 while resistance is placed around $29. 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 IOTA price analysis: This perhaps is the line in the sand FX Street 5 years NEO hits new low of the year on Friday. Saturday's bounce more of a dead cat bounce. NEO gives a bounce on Saturday in a relief for the bulls who have been mauled to the hilt as the price of this crypto hits a new low of the year on Friday even as the bounce seen on Saturday won't last longer. NEO/USD is up more than 2 percent on day at $28.586 and near the high point of the day. After hitting new low of the year on Friday, at $26.717, NEO has bounced a bit and can go a… 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.