NEO Price Analysis: NEO/USD is looking to test a key technical level - Cryptonic News

NEO Price Analysis: NEO/USD is looking to test a key technical level

  • NEO/USD looks likes it could test the key technical resistance of 13.4450.
  • If the market does retrace then 12.310 could be the next support.

NEO/USD Daily Chart

NEO has been on a good run of late and trades 1.55% higher on Thursday.

If the market pulls back then the previous wave high of 12.310 could act as support.

Beyond that, there is a support level at the trendline below the current price level.

The volume has been supporting the buy-side, as when the price has risen the volume increased.

On the hourly timeframe, the 13.000 level has just been rejected so keep an eye on short term retracements.

NEO price analysis

Additional Levels

NEO/USD

OVERVIEW
Today last price12.885
Today Daily Change0.15260
Today Daily Change %1.20
Today daily open12.7324
TRENDS
Daily SMA2011.39257
Daily SMA5010.13562
Daily SMA10010.15803
Daily SMA2009.7064
LEVELS
Previous Daily High12.85
Previous Daily Low12.104
Previous Weekly High11.838
Previous Weekly Low10.271
Previous Monthly High12.31
Previous Monthly Low8.3801
Daily Fibonacci 38.2%12.56503
Daily Fibonacci 61.8%12.38897
Daily Pivot Point S112.27427
Daily Pivot Point S211.81613
Daily Pivot Point S311.52827
Daily Pivot Point R113.02027
Daily Pivot Point R213.30813
Daily Pivot Point R313.76627

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NEO Price Analysis: NEO/USD is looking to test a key technical level NEO Price Analysis: NEO/USD is looking to test a key technical level Reviewed by Staff Reporter on February 07, 2020 Rating: 5

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