NEO is showing very strong momentum on the higher timeframes: 6h/12h,1d,3d,1w stoch RSI show this.
Using cloud analysis, we are almost getting a TK cross on the daily. The daily candles have penetrated the cloud and are projected to reach the first target, around 0.0085, which also corresponds to a fib level of the previous market cycle.
Fundamentals also provide wind to NEO's sails: the development team has been very active and there are many ICOs upcoming on the platform. Given the recent scrutiny of ICOs, these ICOs launched on the NEO platform are likely to be fundamentally sound, with decent caps, and therefore likely to attract investors who can only invest through NEO.
Using cloud analysis, we are almost getting a TK cross on the daily. The daily candles have penetrated the cloud and are projected to reach the first target, around 0.0085, which also corresponds to a fib level of the previous market cycle.
Fundamentals also provide wind to NEO's sails: the development team has been very active and there are many ICOs upcoming on the platform. Given the recent scrutiny of ICOs, these ICOs launched on the NEO platform are likely to be fundamentally sound, with decent caps, and therefore likely to attract investors who can only invest through NEO.