- NEO price lose ground on Friday, seen down around 2% in the latter stages of trading.
- NEO/USD managed to receive a decent boost from a touted demand zone and the 61.8% Fibonacci seen at $51.81, session lows.
- On the weekly, NEO/USD is set to close another week in the red, as seen across the other altcoins.
NEO/USD 60-minute chart
Spot rate: 55.51
Relative change: -1.95%
High: 53.82
Low: 51.81
Trend: Bearish
Support 1: 51.81, today’s (Friday) low & 61.8% Fibonacci.
Support 2: 50.26, 30th May low.
Support 3: 48.63, 28th May low.
Resistance 1: 53.10, 50% Fibonacci.
Resistance 2: 53.24, 50MA.
Resistance 3: 54.17, above ascending trend line.
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