Dramatic loss in the value of NEO has been caused by an array of negative external factors:
-Chinese economic market weakness
-Government intervention in crypto-currency regulation
-Negative International trade relations (TRUMP)
-Loss in value of BTCUSDT and the crypto-currency total market cap (also influenced by the factors described above)
For those that are long term investors and believe that these external factors will not have a lasting effect on the markets (China and crypto-currency) then this is your opportunity to buy into what i see as the markets best mid term opportunity.
NEOBTC NEOUSDT NEOUSD and GASBTC are hovering in the Point of Control POC: price level where the most volume was traded. Its also th highest trade volume we have ever seen with these pairs.
Price could swing either way so watch closely.
-Chinese economic market weakness
-Government intervention in crypto-currency regulation
-Negative International trade relations (TRUMP)
-Loss in value of BTCUSDT and the crypto-currency total market cap (also influenced by the factors described above)
For those that are long term investors and believe that these external factors will not have a lasting effect on the markets (China and crypto-currency) then this is your opportunity to buy into what i see as the markets best mid term opportunity.
NEOBTC NEOUSDT NEOUSD and GASBTC are hovering in the Point of Control POC: price level where the most volume was traded. Its also th highest trade volume we have ever seen with these pairs.
Price could swing either way so watch closely.