The Price of NEO Confirms the Breakout as it Continues to Chart Clean
After testing the $32 level a few days back, NEO quickly gathered itself to push above that level and confirmed it with the close of the daily candle.
Test, Gather, Break
Looking at the chart you can you see the first attempt at the $32 level just a few days ago (discussed in my previous post).
We got a two day pullback to digest that big move from $20 and then the price rallied to break through $32 on the second attempt.
The green candle close today near $36 confirms the breakout, which now turns that $32 level into a support. So that becomes our new bottom for now and the next target on the upside is around $44.
We shall see how price plays out over the coming days!
Best Regards,
What do you recommend as a good exchange to get NEO from? How do you hold NEO once you have it?
You can buy it from Bittrex, Bitfinex, Binance as well others. Either hold it there or send it to your NEO wallet to stake it for GAS.
More information about wallets is at NEO's website neo.org and you can find out how to stake GAS tokens from YouTube videos. Its actually not that hard especially when using their web wallet. REMEMBER to send only whole amount of NEO tokens as they are not divisible like Bitcoin is.
@davebrewer I basically, second everything @hotsauceislethal said and it's exactly the way I did it. Earning GAS is a nice little dividend on my NEO :-)
NEO will see a huge rally if china gets back on board with cryptos.
nice informton.
Thanks for sharing @scaredycatguide.
it's useful
thank you for your good information
Neo is doing good these past few days.
$44? I wanna see prices back above $50! :-D
It's been nice to see any growth after such a terrible month.
$44 is just the first target my friend, once cleared the all time highs are in play! :-)