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Neo(NEO) Technical Analysis: NEO Price Bottoms Hard, Will it ever Rises Above the Odds?

NEO Coin Technical Analysis

Key Takeaways

Neo(NEO) Technical-Analysis for Today: 14 March 2022

Neo price had smashed rock-bottom levels in the early trading hours but managed to regain the lost positions above $19 very quickly. Despite a significant uptrend, the asset maintains its trend within the danger zone, on the verge of losing yet another significant chunk of its value. 

The technicals are turning bearish at the moment suggesting the price plunge down towards the local support. And hence after a minor consolidation, the asset is expected to regain the lost positions above $20 by the end of the day. Moreover, it may attempt to surge high to achieve critical resistance at $21.69. 

Click here to read detailed technical analysis of NEO coin

NEO /USDT Technical-Analysis for Short-Term

Additional Read: Weekly Crypto Technical Analysis of Anchor Protocol, Spell, Shiba INU & other trending cryptos.


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