NEO Price

NEO is one of the very few altcoins that has outperformed Bitcoin during the latter’s shocking price reversal, doing a full 100% pump versus USD. Speculators attribute this to its association with the Chinese economy, and with recent comments from the president of China regarding blockchain technology.

NEO continues in the downtrend in its long-term outlook. The bears sustained the momentum with the break of the lower line of the bearish flag occurred on 23rd April with a drop to $10.32 in the demand area

NEO remains in a bearish trend in its long-term outlook. The bulls made a brief comeback within the bearish flag formation on 18th April with a push to $11.49 in the supply area.

NEO is in a bearish trend in its long-term outlook. At $10.61 in the demand area, the impulsive bearish momentum from $14.06 in the supply area was lost as indicated by the wicks in the candles

NEO is in the uptrend in its long-term outlook. The bears’ pressure was lost on 26th March as price drops to $8.64 in the demand area with the candle closing as a pinbar

NEO is still trading within a specific range in its medium-term outlook. The bears kept the pressure up on the crypto’s price as it dropped to $8.85 on March 21, the week’s low. It bounced back when it touched its 50-day EMA, and the bulls pushed it back to $8.51 in the supply area.

NEO is in a range-bound market in its long-term outlook. The bulls had a sweet ride up to $9.56 in the supply area as predicted last week

NEO remains in a range-bound market in its long-term outlook. The rejection to downward price movement around the 50-EMA yesterday dropped the price to $8.61 in the demand area signalling the bears’ exhaustion.

NEO continues in a range-bound market in its long-term outlook. $8.58 in the supply area was the low of the week although the bulls had a minor push to $9.59 in the supply area but lacked the momentum to break out from the range on 1st March.

NEO long-term outlook is back in a range-bound market. The strong bullish pressure was evident within the range last week with a breakout at the upper supply area at $9.60

NEO long-term outlook continues in a range-bound market. After dropping the price down at $6.78 in the demand area on 6th February the bears lost momentum.

NEO long-term outlook is ranging, between the supply zones at $8 and demand zones at $6. However the two EMAs are fanned apart and above the market price which implies strength in the downtrend.

NEO long-term outlook continues in consolidation. The 50-EMA acted as resistance against further upward movement on 19th January after last week rally to $8.47 in the supply area

NEO long-term outlook remains is in consolidation. However, with the stochastic oscillator at 21% and its signal pointing up and price around the two EMAs. It suggests the bullish momentum may continue within the range in the long-term.

NEO long-term outlook is in consolidation. The bears’ pressure within the range was lost on 4th January at $7.50 in the demand area after the formation of a bullish doji.