If it breaks this level of support, the next support is about 10-12% lower.
If it tests this current level and bounces off I would expect a retracement up to either 23.6% or 38.2% levels on the fib retracement with a 19% or 30% gain respectively. A push like this would break it out of its current downtrend
is very low in the 20s indication oversold and the lines are close to crossing over to blue, with the coming airdrop maybe we will see a push but for now keep an eye on it! Id like to see at least a temp break in the downtrend as its been going on for a while now.
This is my first post so hopefully this helps someone!
Currently pushing back up but has got a way to go with a little extra resistance to get us back where we were.
Gut feeling is that we will have a push back up to support and up to estabilished downtrend, if BTC behaves itself. Snapshot of the NEO wallets is happening in a couple days for the airdrop, so that will hopefully get the extra volume we need.