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  • NEO price was seen nursing losses of around 2% in the latter stages of trading on Friday.
  • Near-term reversal eyed for NEO/USD, hammer candlestick seen on the 60-minute chart.

 

NEO/USD 60-minute chart


 

Spot rate:                    27.68

Relative change:        -2.01%

High:                          28.23

Low:                           26.63

Trend:                        Bearish
 

 

Support 1:                  27.00, demand zone entrance.

Support 2:                  26.63, today’s (Friday) low.

Support 3:                  26.35, (support on 60-minute chart).

Resistance 1:             28.22, 50MA.

Resistance 2:             29.00, supply area.

Resistance 3:             29.40, 100MA.