Neo's idea of the smart economy is the convergence of three concepts- digital assets, digital identity and smart contracts, it presents itself as the developer-friendly protocol with a vision of being the digitized "smart" economy in the future.
In the 1 Hour Time Frame, Neo has been trading in a Descending Channel formation. Currently, it is flirting with the trendline resistance which is placed at $114.50 and if we get a decisive closing above this level, it can move to its ATH levels.
Key Levels to watch out for-
The support to the lower side is present at ~$99 while it may face resistance at the levels of ~$133.
In the 1 Hour Time Frame, Neo has been trading in a Descending Channel formation. Currently, it is flirting with the trendline resistance which is placed at $114.50 and if we get a decisive closing above this level, it can move to its ATH levels.
Key Levels to watch out for-
The support to the lower side is present at ~$99 while it may face resistance at the levels of ~$133.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.