Neo Price Analysis: NEO/USD Could Accelerate Gains

Neo price formed a support base at $56.50 and climbed higher against the US Dollar. NEO/USD may well continue to move higher towards the $68.00 and $70.00 levels.

Key Talking Points

Neo price gained upside momentum and moved above the $60.00 resistance against the US Dollar. There was a break above a key ascending channel with resistance at $62.00 on the hourly chart of NEO/USD (data feed by Bitfinex). The pair is now placed nicely in a bullish zone with the next hurdles on the upside near...

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