NEO Crypto Rockets to $40 – Confidence of the Holders

neo future

NEO (formerly known as Antshares) token price marched upwards speedy towards $40 with no stop. Can NEO close above the major level against the US Dollar.

NEO price after struggling to break out above the range bound between $32.00 and around $25.00 it started to decrease the range and closing in, however in the matter of the hourly chart the pair finally jumped from $28 to $34.41.

neo record

Source: coinmarketcap

The momentum came down to ‘action’ on the closing-in point of the declining triangle that was formed for the past days, first to $33-$34 then below $40.

neo future

Today [Nov 18] NEO/USD as it is correcting slightly below the important level, it is finding supports around $39-$38 as they previously had acted in the past as resistances for any further gain.

Major Resistance – $40

Supportive Level – $38, $35. [to be on the lookout]