This article was first published on Huobi Group - Medium
Neo is an open-source, community-driven platform that is leveraging the intrinsic advantages of blockchain technology to realize the optimized digital world of the future.
📅Event: Flamingo… has already started development and is expected to be officially launched in mid-September. Source CoinMarketCal.com!
NEO continues to climb despite already being up 565% from its lows in March, adding nearly 30% to bull’s returns during September.
Last week, the price broke the previous swing high and the Q3 2019 high near $24. Bulls took profits, and the price retraced to test possible support near the last swing high at $23.31.
If this week brings continuation, bulls could target the previous weekly highs near $26.12 while entering at the current area or lower near consolidation at $21.
Bears could enter on signs of weakness near the current levels while targeting the previous swing lows at $22.61 and $19.40.
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Huobi Group - Medium