Hello, Traders! Monfex is at your service and today we overview NEO/USD.
NEO broke the triangle and has already tested the ex-support of this triangle and it's near the resistance zone and MA200. There is a downward movement globally, the bears control a situation. Stoch RSI has a bearish div and going down to oversold zone.
The local support ~ $ 7.30 The great support zone ~ $ 7 - 6.85
NEO has two scenarios:
breakout the support zone with target below $ 6 -
breakout the resistance zone with target more then $ 8 +
Market Cap $522 507 926 USD
Volume (24h) $230 924 554 USD
Circulating Supply 70 538 831 NEO
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