NEO is getting ready for another bull run.
Neo has entered consolidation pattern recently, and currently is forming bull pattern.
Scenarios:
It will bounce back from $25 to 28.7. If resistance would be broken, then next stop is $32 USD
If it won't break resistance - then it are likely to experience small correction to 27-28 value for another bull run.
Good sell points (partial) - 28.7, 32.4, 36.2
Good buy points: $25.08, $25.56, $24.94, $24.30
Worst-case scenario: NEO will pass through $24 support line and move towards 21, 20, 18.7 USD zone. I consider this scenario as unlikely, because of the recent positive Altcoin growth.
Neo has entered consolidation pattern recently, and currently is forming bull pattern.
Scenarios:
It will bounce back from $25 to 28.7. If resistance would be broken, then next stop is $32 USD
If it won't break resistance - then it are likely to experience small correction to 27-28 value for another bull run.
Good sell points (partial) - 28.7, 32.4, 36.2
Good buy points: $25.08, $25.56, $24.94, $24.30
Worst-case scenario: NEO will pass through $24 support line and move towards 21, 20, 18.7 USD zone. I consider this scenario as unlikely, because of the recent positive Altcoin growth.