NEO price suffers some big losses on Friday, down just shy of 7%. NEO/USD has given up as much as 50% of the gains made initially this week. The NEO price received heavy blows from the bears on Friday, dropping as much as 7% in the session. NEO/USD is quickly heading back towards the breached descending wedge pattern, of which the price was contained within at the back end of last week. NEO/USD had gained over 50% from Monday up to the highs of the week printed on Wednesday, which saw the price over the $49 level. As a result of the bulls losing upside momentum, the price is quickly giving back gains made. Technically, NEO/USD is heading towards a total retreat back towards the broken wedge pattern, above that would see the price below the $30 mark, prior to that support will be eyed around $36. Resistance in the near-term is seen at $45, where the 50DMA tracks. 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 Crypto News share Read Next Wall Street rebounds on Friday on improved sentiment FX Street 3 years NEO price suffers some big losses on Friday, down just shy of 7%. NEO/USD has given up as much as 50% of the gains made initially this week. The NEO price received heavy blows from the bears on Friday, dropping as much as 7% in the session. NEO/USD is quickly heading back towards the breached descending wedge pattern, of which the price was contained within at the back end of last week. NEO/USD had gained over 50% from Monday up to the highs of the week printed on Wednesday, which saw the price over the $49 level. As a… 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.
