Here we have NEO/USD on the 1H chart.
With so many currencies in the red once again, it is almost surprising to see NEO in the green At the same time, a lot of cryptocurrencies respond in very different ways whenever market volatility ensues. In the case of the NEO price, the current volatility hasn’t caused its NEO/BTC rate to drop, hence the overall USD value remains stable and even goes up. In fact, we see a NEO price increase of 9.63% in USD value over the past 24 hours, which is rather significant in its regard.
Additionally, we see the NEO/USD rate improve by 14.43% in favor of the altcoin. That in itself is rather significant, as it may indicate we see the NEO price head to $170 rather soon. Right now, the same NEO is worth $160, which is a very strong increase compared to about a week ago. It is evident reaching a new all-time high for NEO will only be a matter of time, even though the opinions may still be divided on this front right now. All cryptocurrency markets are subject to increased volatility, and NEO will not escape this spiral whatsoever.
Dont forget to like it if you like ;)
Major Support Level – $162
Major Resistance Level – $140
With so many currencies in the red once again, it is almost surprising to see NEO in the green At the same time, a lot of cryptocurrencies respond in very different ways whenever market volatility ensues. In the case of the NEO price, the current volatility hasn’t caused its NEO/BTC rate to drop, hence the overall USD value remains stable and even goes up. In fact, we see a NEO price increase of 9.63% in USD value over the past 24 hours, which is rather significant in its regard.
Additionally, we see the NEO/USD rate improve by 14.43% in favor of the altcoin. That in itself is rather significant, as it may indicate we see the NEO price head to $170 rather soon. Right now, the same NEO is worth $160, which is a very strong increase compared to about a week ago. It is evident reaching a new all-time high for NEO will only be a matter of time, even though the opinions may still be divided on this front right now. All cryptocurrency markets are subject to increased volatility, and NEO will not escape this spiral whatsoever.
Dont forget to like it if you like ;)
Major Support Level – $162
Major Resistance Level – $140