NEO NEO/USD is trading at 68.33. The cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over NEO. Ichimoku Kinko Hyo upper limit test is expected near the level of 71.00, from which it is expected to rebound and attempt to continue falling with the target near the level of 56.00.
NEO forecast & analysis NEO/USD on March 25, 2018
An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, a medium strength signal was obtained for sell of NEO cryptocurrency, due to crossing of signal lines at 68.00.
Canceling the variant of falling quotes NEO will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 72.50, indicating a change in the flat trend in favor of the bullish trend. Expect the acceleration of the decline in quotations NEO/USD is with the breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo and closing below 60.00.