NEO is returned to its 0.5 support level. Aug 29 wick from the massive selloff that occurred across crypto alt currencies, however price quickly rebounded to the 0.5 level at 33USD indicating a strong level of support at this level. NEO is resting on this support level, hourly RSI is still oversold and MACD histogram shows a current upward momentum. If price breaks the trendline of lower lows then a back up to the 0.618 support is likely
I'll prefer to buy some at 20, macd show a strong bearish movement to keep price low,
jeremyalain
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I've been burned thrice by NEO. I'm moving on to other coins. I hear too many mutterings of manipulation, political influencers, suspiciously insanely large sell walls, etc. Dunzo.