NEO just broke a resistance and has shot up in price, before any further increase we may see the market correct and consolidate before another trend upwards. Recently, the currency was damaged from ICO regulations in China and fell tremendously under it's highest value of $52.50 and now sits at $31.57 after the latest increase. (Click for more information on regulations.)Ā
Follow the support and resistant levels shown on the graph and trade accordingly. I am not advising you to buy or sell any tokens, you make your own decisions.
- Orange - Resistance.Ā
- Purple - Support.
- First Target - 0.0074K.Ā
- Second Target - 0.0106K.Ā
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