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Arman-ilyas
Oct 16, 2023 1:20 PM

NEO ON THE VERGE OF BREAKOUT Long

NEO / DollarBitfinex

Description

NASDAQ:NEO is just about to break out soon

Expecting 2-3x TP as mentioned

Always do Your own research
#NFA
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ON THE WAY

Trade active

Comment

on the way

Comment

1st target 2x done

Comment

3x+
Comments
Coin96
GASUSD surpassed its TP zones, so imo it is likely for NEOUSD also to surpass TP zones, since there is a direct correlation between NEO and GAS (you receive GAS for holding NEO). APY increased from 4% to 15% for holding NEO due to the price increase of GAS lately. At some point, you will get 4% again. Since GAS is unlikely to go all the way down again given the recent EVM compatible news with NEOs sidechain introduction, it is more likely for NEO to get a price that is 3x higher than GASUSD. So fair value for NEOUSD currently sits at $12(GAS)x3=$36 NEO. So NEO is quite undervalued with $11 today :))
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