๐Ÿ”ฅ NEO Hitting An Important Support: Reversal Incoming?

Since the corona sell-off, NEO (and crypto in general) have been trending upwards. NEO has been following the violet support line for more than a year now, will it bounce off this trend line once again?

Assuming that BTC has hit the bottom, yes. Be prepared for a wick towards $25 or so. If BTC will fall further, alts could very well be decimated and a $15 NEO price could become a reality relatively soon.

Personally I'm expecting a dip in the coming days, followed up by a strong bullish reversal.

Happy trading!
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