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NEO

NEO Price Rockets Toward $20 Milestone Amid Altcoin SurgeThe cryptocurrency market is witnessing a seismic shift as altcoins surge, with SET:NEO leading the charge with a remarkable 40% overnight surge, propelling its price toward the coveted $20 mark. This surge comes on the heels of a pre-halving rally, igniting speculation of a potential year-long bull run. SET:NEO , currently ranked 77th in the crypto market with a market cap approaching $1.50 billion, has emerged as a top performer amid this altcoin resurgence. The surge in demand has resulted in an impressive bullish engulfing candle on the daily chart, signaling a potential moonshot trajectory. One of the most striking aspects of SET:NEO 's rally is the staggering increase in trading volumes, up by over 4000%, underscoring the growing investor interest and making SET:NEO a trending coin in the crypto sphere. Additionally, the breakout above the overhead resistance trendline has propelled NEO's price beyond the psychological barrier of $20, reaching a peak of $22.45 before undergoing a minor intraday pullback to $20.89. Technical Analysis and Future Projections: The rally is strongly supported by the 50-day Exponential Moving Average (MA), maintaining a bullish alignment with the 200-day MA, indicating a favorable position for a sustained uptrend. Looking ahead, sustaining the price above $20 is crucial for NEO's continued upward trajectory. According to trend-based Fibonacci levels, a breakout above $22 could signal further upside potential, potentially catapulting SET:NEO 's price toward the $30 mark in the near term. However, amidst the euphoria, caution is warranted as NEO approaches overbought territory, as indicated by extreme volatility around the token on the Bollinger Bands. A retracement to around $17.87 cannot be ruled out in a highly bearish scenario. Nonetheless, indications from the Awesome Oscillator suggest increasing upward momentum for SET:NEO , potentially defying bearish bias and aiming for $25 in the short term. As the altcoin market continues to heat up, all eyes are on SET:NEO as it aims to solidify its position and potentially usher in a new era of bullish momentum. Investors eagerly await further developments as SET:NEO navigates the volatile cryptocurrency landscape. Conclusion: With SET:NEO leading the altcoin charge and eyeing the $20 milestone, the cryptocurrency market is witnessing a resurgence fueled by growing investor optimism and bullish momentum. As NEO's journey unfolds, it remains to be seen whether it can sustain its meteoric rise and pave the way for further gains in the days to come.
by DEXWireNews
Neo price recalled that they can not only fall but also grow?)Who knows what happened to the SET:NEO project, that the "Chinese Ethereum killer" woke up from hibernation and made a sharp 30% price increase?) Maybe it will also wake up its "partner in crime" - NYSE:EOS ?) But seriously, if #NEOUSDT buyers have the strength and intention to continue growing, then in the coming days they should defend $19-20 and not allow the price to fall below. In this case, the targets for the #NEOUSD price to rise to $29 or even $36 in the medium term will become more than realistic. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
NEO is still bullishFrom where we entered "start" on the chart, a time-consuming triangle has started, and from where we placed a green arrow on the chart, this triangle has ended and we have entered a bullish wave. This bullish wave is either an ABC or a more complex pattern. We should now be in the middle of wave B. By maintaining the green range, it can move towards TP. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
NEO FOR FUNDING TRADERS For all funding traders who deal with this business, mostly the broker gives you some of the cryptocurrencies to trade. Neo is one of them. I see some liquidity between 14-15 and at the same time a vector candlestick that appears and it fills up until 12.18. Wait for the market makers to do what they have to do and come back at low prices, maybe a little higher, maybe a little lower. Another scenario that can happen is a breakthrough from a double bottom that has been in place for more than a year. Targets can be POC range 08 December 2021 - 01 May 2022, VAH and at the same time the maximum target of pattern 29.37.
Long
by learnfromfailure
NEOUSDT 1W LONG📈Hi all. Timeframe 1 week. NEOUSDT, after a decline, is in accumulation with increased volumes. Fractal of past decline and accumulation, and subsequent growth. I’m considering recruitment to the spot now, with a possible addition from the green zone. Also long during breakout/retest. Let me remind you that the entry at the retest is the safest, but it may not be there if there is a strong exit from the accumulation. It all depends on your trading strategy. Marked goals and levels on the chart.
Long
by KvazarBTC
2
NEO/USDT planning for bullish reversal? 👀🚀NEO analysis💎 Paradisers, the #NEOUSDT is currently displaying notable strength, hinting at a potential bullish reversal from its demand level at $14.79. If the price sustains its momentum at this level, there is a significant likelihood of a bullish upswing that could surpass the nearby supply. 💎 Reflecting on historical patterns, #NEO has consistently followed a downward trend, frequently encountering resistance around $17.01. Our analysis suggests that the price may revisit the demand level at $14.79 before embarking on a further bullish trajectory. Interestingly, this level has been respected twice in the past. 💎 In the event that NASDAQ:NEO faces challenges in maintaining its momentum at the $14.79 demand, we anticipate a bullish recovery from the lower demand zone around $13.30. However, a breach below this point could potentially lead to additional declines. Let’s remain vigilant and be prepared to adapt our strategies as needed.
Long
by MyCryptoParadise
1
NEO - Heading straight to next targetBINANCE:NEOUSDT (4H CHART) Technical Analysis Update NEO is currently trading at $11.73 and showing overall positive sentiment Price broke-out from the resistance easily and we are seeing back to back green candles. We are expect this trend to continue and see some pullbacks at the resistance around 13.5 Entry level: $ 11.00 - 11.74 Stop loss level: $0.06 Target 1: $ 12.51 Target 2: $ 13.39 Target 3: $ 14.91 Max Leverage: 2x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
3
NEO/USDT A Breakout the resistance, Indicating Bullish momentum.💎 NEO has recently encountered significant market dynamics, currently facing resistance. A breakthrough above this level is crucial for NEO to regain bullish momentum and continue its upward movement towards our target area. 💎 However, if NEO fails to overcome the resistance and experiences rejection, it may retreat to test support levels around $13.5 or even potentially drop further to the demand area around $10 if the support is breached. 💎 When NEO reaches the demand area, a bounce is necessary as this level holds significant importance. Failure to sustain the demand zone would signal a bearish sentiment, potentially leading to further downward movement in NEO's price.
by MyCryptoParadise
NEO/USDT in the Position to Rally?👀🚀 NEO Analysis💎Paradisers, let's shift our focus to #NEOUSDT, where current indicators suggest a potential bullish reversal brewing within its critical support range. 💎Upon examining #Neo's recent market performance, we witness an impressive 100% surge from its recent peak. Yet, the resilience demonstrated at the $12.17 support level hints at a pathway to upward momentum. 💎Despite encountering obstacles in surpassing previous highs, leading to a temporary bearish sentiment, the significance of the $12.17 support level cannot be understated for #NEO. It teeters on the edge of igniting a substantial bullish surge with a fresh outlook. 💎As proactive traders, we always have contingency plans in place. If #NEO experiences further decline from this support, we stand prepared for a bullish resurgence commencing from the secondary support at $10.56. However, it's imperative to recognize that a breach below this level could signify the onset of more profound bearish trends. 💎Remain adaptable in your trading strategies and maintain a vigilant eye on market shifts, Paradisers. Your Paradise Team diligently monitors these evolving market terrains, ready to guide you through any twists and turns.
Long
by MyCryptoParadise_Simon
NEO's Situation: What Shall we Expect ?Hi. COINEX:NEOUSDT ✅ Today, I want to analyze NEOUSDT for you in a 4H time frame so that we can have a Short-term view of NEO regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). ➡️Double bottom is in formed on weekly timeframe. Looking for the retest of the neckline, If the neck breaks, it will witness good growth. - High potential areas are clear in the chart. - You can look for reasons to enter according to your own personal strategy after approval. -AB=CD Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
by CobraVanguard
1
NEO/USDT Break Alert!! Indicating Bullish Momentum for NEO💎 NEO has recently exhibited significant market dynamics, notably breaking above the key resistance level of the accumulation phase. 💎This breakout signals a bullish momentum for NEO, with the probability of continued upward movement toward our target area. 💎 However, if NEO retraces back into the accumulation phase area, breaching the support level, it would indicate a false breakout and could trigger a downward movement toward the demand area. 💎 In such a scenario, it is crucial for NEO to bounce off the demand area and reclaim the area above the resistance to resume its bullish momentum. Failure to do so may result in further downward movement towards the key support area.
by MyCryptoParadise_Nathan
3
NEO/USDT bullish horizon from demand? 🚀NEO Analysis 💎 Paradisers, gear up for a promising trading journey with #NEOUSDT, as it unveils potential for a bullish surge from its demand zone. 💎 Delving into #NEO path, we've noted its rise following the closure of an FVG at a crucial supply level of $13.70. Despite a momentary slow-down, we're now eyeing a bullish jump from the demand level of $12.25, enhanced by significant liquidity, making a strong case for a turnaround. Staying resilient at this level may well lay the groundwork for the anticipated bullish journey. 💎 Should the drive for NASDAQ:NEO begin to diminish, we're set to look for a revitalizing leap from the solid demand level at $11.57. Yet, falling below this key level might herald the start of a deeper bearish phase.
Long
by MyCryptoParadise_Simon
2
GAS is a beast, buy here againGas pumped a lot, which you can see on the chart. Now we need to think about re-buying this coin for another profit. Where to buy GAS? We have an unfilled FVGAP that I have drawn on the chart; this is strong support. Also, we have the 0.786 FIB retracement. These levels are close to each other, so place your limit orders to buy gas here. Thank me later. We also need to complete the ABC corrective pattern before another pump. Gas is a token created on the NEO blockchain platform with primary purpose of being fees for processing transactions on the NEO network. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
1
NEO/USDT Bullish Reversal on the Horizon? 👀🚀NEO Analysis💎 Paradisers, brace yourselves for an exciting trading opportunity with #NEOUSDT, as it's currently lining up for a bullish turnaround from its support zone. 💎 A look back reveals NASDAQ:NEO struggling to surpass its previous high, leading to a bearish sentiment. However, the tide seems to be turning. At the support level of $10.08, where it has already stirred up some buying interest, there's a strong possibility of a bullish shift aiming for the significant supply zone at $15.12. 💎 We, the shrewd traders, are always equipped with a Plan B. Should #NEO dip below our key support at $10.08, we're prepared to capitalize on a bullish rebound from a further support at $9.03. But be cautious, as a drop below this additional support could signal a deeper fall.
Long
by MyCryptoParadise
2
NEO/USDT This area so strong to sustain NEO, Ready for re-upward💎 NEO has undoubtedly garnered considerable attention in the crypto market, showcasing a significant rebound from its demand area. This resilience highlights the strength of the demand, hinting at NEO's potential to resume its upward trajectory. 💎 The focus now shifts to NEO's ability to breach and establish above a crucial resistance level, a move that probability could signal continued bullish momentum. 💎 However, should NEO struggle to ascend towards this key resistance area, there's a risk it might retract to the demand zone. A critical point to watch is NEO's performance in this demand area. 💎 A failure to maintain its position, particularly if it breaks below this zone, would be a stark bearish indicator. Such a breakdown would confirm a downward trend, with NEO likely to slide towards the next support level at approximately $8.7. In a more bearish scenario, NEO could extend its decline even further, reaching a stronger support level.
by MyCryptoParadise
1