Another eye open
This time for NEO
NEO broke first maximum with a clear volume signal
NEO against USD (blue lines) has already broken second maximum (blue max trends)
Tho it's not best to measure alt-coins against USD (should not)
NEO against BTC hasn't broken second maximum, yet
I'm waiting for the break with relative medium volume (maintain current volume level is enough I'd wager - yellow line)
(Note that green arrow does NOT pretent to predict future trend)
It happened once
In August 2017
It may happen again
NEO Context:
NEO is another alt-coin very similar to ETH
Rank top #13 cryptocurrency by market cap (U$D 3,316,235,000)
Seeing press coverage of recent alt-coin rampage
It would make sense that smaller alt-coins go getting sudden booms of media spotlight
This time for NEO
NEO broke first maximum with a clear volume signal
NEO against USD (blue lines) has already broken second maximum (blue max trends)
Tho it's not best to measure alt-coins against USD (should not)
NEO against BTC hasn't broken second maximum, yet
I'm waiting for the break with relative medium volume (maintain current volume level is enough I'd wager - yellow line)
(Note that green arrow does NOT pretent to predict future trend)
It happened once
In August 2017
It may happen again
NEO Context:
NEO is another alt-coin very similar to ETH
Rank top #13 cryptocurrency by market cap (U$D 3,316,235,000)
Seeing press coverage of recent alt-coin rampage
It would make sense that smaller alt-coins go getting sudden booms of media spotlight