NEO Long-term Price Analysis – December 23

2018-12-23 14:20

NEO/USD Long-term Trend – Bullish Distribution territories: $12, $32, $52 Accumulation territories: $5, $4, $3

NEO market price has been somewhat on an appreciation trend against the US dollar trade worth about a few days back. The crypto has continued to exert stronger strength in the market to get push northwards further.

Between November 4 and 9, the crypto-market maintained a chain of range movements closely within a short gap that separated the 50-day SMA and the 14-day SMA then. As at that period, the trade value of NEO/USD was around $16 mark before a declination occurred, and that had led towards having a low mark of below $6. Currently, price has been trading around $9 price territory. The 50-day SMA is located over the 14-day SMA. The Stochastic Oscillators have moved north to touch range 80 from below.

Bulls are now expected to build their trading strength around the space within the two SMA trend-lines in the next trading sessions to consolidate their stance in the market. A reversal against the 14-day SMA could suggest that the crypto is trying to rebuild its foundations for better upward strides.

 

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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NEO (NEO) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $15.41
Капитализация $0 Rank 99999
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neo market territories trend price long-term continued

Источник: bitcoinexchangeguide.com

neo market → Результатов: 85


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