Fundamentally it will profit from new chinese regulations (which will come I believe strongly) and from coming ICO's on the NEO network (you need GAS to invest).
In a recent report, Palm Beach Confidential mentioned a price target of $ 300,- Thats a long road to go, but for 2018 I'm expecting a lot happening for GAS.
Looking at the charts, $300,- is far away and not any logical pattern indicating that target.
If we look shorter term, we can indicate a bottom after recent downtrend and a promising bounce.
Looks like we're in a 5 legs cycle up which might correct after reaching (5) before more upside to be expected.
Trading advice: you might want to wait for a correction after reaching (5), but on the other hand: if we hear positive news coming from Chinese regulators.... Oh boy, buckle up!!
As this is a long term hold for me, I will try to update this regularly.
NEO holding produces GAS, GAS is used as a fuel
confusion comes from the fact that ethereum blockchain also uses a fuel.
GAS / NEO ratio is trending down
However, NEO is easier to get (bittrex + bitfinex) while GAS only has poloniex for now. Also, people want to get NEO to mine GAS as long as it is affordable for longterm, but once ICOs arrive, GAS should get valuable faster because of supply & demand (while both should still move in tandem).
both move exactly the same way. Get more of one or the other depending on objectives
NEO to get "dividends" and passive income very long term ("mining"), NEO for short/mid term trade (limited supply and lot of holders), GAS for long/very long term trade (capped and gets destroyed), GAS to invest in chinese ICOs later
You can see some TA and fundamental analysis on my profile for NEO for more infos