Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Neo price action has sustained its upward movement for the fourth consecutive trading session on the daily chart. Today, the crypto has moved up another impressive 11.24%. Consequently, it appears that this crypto may keep increasing in value.
NEO Analysis Data:
Neo value now: $11.58
NEO market cap: $809,507,774
Neo moving supply: 70,538,831
NEO Total Supply: 100,000,000
NEO Coinmarketcap ranking: #68
Major Price Levels:
Top: $11.58, $11.78, $12.00
Base: $11.28, $11.00, $10.70
Neo (NEO) Price Action Targets the $12.00 Mark
Price activity on the NEO/USD daily chart is revealing that prices in this market may keep advancing toward a higher resistance level. Here, it can be seen that a long bullish candle has appeared for this ongoing trading session. As a result, price action has poked through the Fibonacci resistance level of 23.60. At the same time, the MACD lines are now rising sharply while maintaining considerable distance between each other. Likewise, the Stochastic RSI indicator keeps moving upward in the overbought region. The lines of this indicator are currently at 90.94 and 73.51. Therefore, since the RSI is now above the 70 mark, traders may move further upwards.
Neo (NEO) Bulls Stay Largely in Control Market Activities
On the 4-hour NEO/USD market, price action has given a minor downward deflection after pushing the upper limit of the applied Bollinger Band indicator. This can be seen by the appearance of a red candlestick for this trading session. However, the massive upside gain in this market seems to be unaffected, as the trading indicators aren’t reflecting the minimal downward price deflection. The RSI indicator is still portraying an upside gain in price. Meanwhile, the MACD curves are still on their upward trajectory. Going by indicator signs, it appears that Neo is still on track toward the $12.00 mark.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
