Anyone observing NEO over the last week or two is aware that it is being artificially held in place at it's current level. But WHY? A few minutes of watching the Bid ledger makes a few things obvious - 1. The bid of $813.600 is simply there as a bookend to help drive the bid up. It will move up and down with the current bid and will always reposition itself...
This is a coin that I think has AMAZING potential, and one that I hold, so this is not a FUD attempt on my part. This is also simply my opinion and should not be mistaken for expert advice. We recently had a short glimpse of the market's reaction to negative news on Chinese exchanges. Unfortunately it hit NEO fairly hard, and it's my opinion that the market is...
This is my personal opinion and should not be mistaken for expert advice. I'm basing this trend on current news and anticipating a panic sell on 9/3 after NEO falls past the $27-30 support that it has maintained through the pas few weeks. Long term is still very positive on NEO, but in the short term I expect a strong downward drop as traders sell to re-enter at...