NEO prices well supported in the immediate term. Long term volatility still remains, bounces expected. NEO, the coin that has fallen more than 95 percent from its all time high, has found its prices well supported in the immediate term and a bounce can be expected while long term still remains under pressure as it still trades under enough resistances. NEO/USD up 0.4 percent on day at $8.934, around high point of the day and in just about one percent range. On the 240-minute chart of this crypto, after falling from recent bounce it has stabilised around ascending trendline support that has come to its rescue in the recent pasts and has also resulted in good enough bounces. While the bounce is expected, long term still remains under pressure as long as the prices fail to cross past this ascending trendline on the 480-minute chart, resistance of which is placed around $11.25 currently and also 200 days SMA at $12.46. NEO/USD 240-minute chart: 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 Litecoin: Bulls come calling? FX Street 4 years NEO prices well supported in the immediate term. Long term volatility still remains, bounces expected. NEO, the coin that has fallen more than 95 percent from its all time high, has found its prices well supported in the immediate term and a bounce can be expected while long term still remains under pressure as it still trades under enough resistances. NEO/USD up 0.4 percent on day at $8.934, around high point of the day and in just about one percent range. On the 240-minute chart of this crypto, after falling from recent bounce it has stabilised around ascending trendline support… 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.
