Let's analyze NEOUSDT over an 8 hour period. As you can see, the price is moving in an upward channel and is currently at the lower edge of the channel.
Let's start with the support line and as you can see the first support is 12.02, if the support is broken the next support is 11.60
Now let's move to the resistance line, as you can see first we have a resistance zone of 13.06, if we manage to break it the next resistance will be 13.87
the MACD indicates neutrality, while the RSI is indicating exhaustion of buying forces, indicating that sellers must return.
Neo is the first cryptocurrency based on blockchain technology to come from China. It has a Proof Of Stake (POS) system that rewards users of the system for having NEO coins saved in their wallet.
Neo does not reward with the same currency, but with a secondary cryptocurrency, Gas.
Neo's programming is very similar to that of Ethereum, which is why many know this cryptocurrency as the Chinese Ethereum. Neo allows smart contracts but improving the Ethereum system.
It aims to be an alternative to Ethereum and aims to convert traditional assets into digital assets through smart contracts. Digital assets will be decentralized and secured using blockchain digital certificates.
Let's start with the support line and as you can see the first support is 12.02, if the support is broken the next support is 11.60
Now let's move to the resistance line, as you can see first we have a resistance zone of 13.06, if we manage to break it the next resistance will be 13.87
the MACD indicates neutrality, while the RSI is indicating exhaustion of buying forces, indicating that sellers must return.
Neo is the first cryptocurrency based on blockchain technology to come from China. It has a Proof Of Stake (POS) system that rewards users of the system for having NEO coins saved in their wallet.
Neo does not reward with the same currency, but with a secondary cryptocurrency, Gas.
Neo's programming is very similar to that of Ethereum, which is why many know this cryptocurrency as the Chinese Ethereum. Neo allows smart contracts but improving the Ethereum system.
It aims to be an alternative to Ethereum and aims to convert traditional assets into digital assets through smart contracts. Digital assets will be decentralized and secured using blockchain digital certificates.