Ranked #14 on coinmarketcap, NEO is one of the promising blockhain project which tend to be called " A China version of Ethereum". Do you agree with that?
NEO is a home for blockchain project like ONT, QLC, RPX, TKY, GAS, ZPT and some others.
In our opinion NEO is considerably worth to be as part of your portfolio in terms of fundamental part. But look at the technical part, you don't want to hold a good project with a bearish sentiment right?
Based on trend line we drew, it's still a quite bearish, along with majority project in cryptosphere. One thing that caught our eyes is that the chart quite bottoming and stable for 42 days including today. Plus it was touching our latest green box support around 0.00195 and 0.0024. The bottom is in? Looking from the previous price action, we think so.
RSI level bounce from 41 level as a support and ran north which a quite good sentiment and move towards the red cloud and our trend line as a sign a trend reversal.
NEO is a home for blockchain project like ONT, QLC, RPX, TKY, GAS, ZPT and some others.
In our opinion NEO is considerably worth to be as part of your portfolio in terms of fundamental part. But look at the technical part, you don't want to hold a good project with a bearish sentiment right?
Based on trend line we drew, it's still a quite bearish, along with majority project in cryptosphere. One thing that caught our eyes is that the chart quite bottoming and stable for 42 days including today. Plus it was touching our latest green box support around 0.00195 and 0.0024. The bottom is in? Looking from the previous price action, we think so.
RSI level bounce from 41 level as a support and ran north which a quite good sentiment and move towards the red cloud and our trend line as a sign a trend reversal.