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      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

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      Keep Your Bitcoins Safe: All You Need to Know About Crypto-Cyberthreats

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      A trillion dollar tsunami is about to hit Bitcoin

      A trillion dollar tsunami is about to hit Bitcoin

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      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

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      Home Altcoin

      NEO: Price outlook – What to expect?

      Hitesh Malviya by Hitesh Malviya
      April 12, 2019
      in Altcoin, Trade Signal
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      NEO Price Outlook
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      Back in 2017, NEO was one of the popular choices to trade or invest. It had a massive bull run in the past. In the Current bear market, NEO had dropped 94% from its All time high price. But as the whole market is about to explode, NEO also has a fair chance to perform well in this market. Let’s discuss its fundamentals and technicals to conclude our price outlook.

      Fundamental Analysis

      • NEO is one of the most active projects in the ecosystem. You can read about their recent developments here.
      • NEO based Project – Travala.com has become one of the most used DAPP.
      • NEO developer community is increasing.
      • NEO has become the latest interest of Whales/Market makers, Whale alerts have tracked down large movement in March.
      March
      Transaction CountUSD Value
      Unknown33,175425,811,553
      To exchanges18,09517,946,319
      From exchanges11,58921,000,455
      Find more at : https://twitter.com/whale_alert

      Technical Analysis

      NEO/BTC Daily (Binance)
      • Price is moving inside a uptrend rising channel on Daily.
      • Price is trading above 50,100 and 200 Daily MA
      • Golden cross is formed on Daily, which is generally a bullish sign.
      • MACD and Stotch RSI is positive.
      • Key Support Levels: 0.001997 BTC, 0.0002361 BTC
      • Key Resistance Levels: 0.002748 BTC, 0.00318 BTC, 0.0038 BTC
      NEO/BTC Weekly (Binance)
      • NEO/BTC weekly is also looking good, Price is moving in a rising channel.
      • Key support Level: 21 weekly MA
      • Key resistance level: 55 Weekly MA
      NEO/USD Weekly (Binance)
      • NEO/USD is looking similar to NEO/BTC, Building a nice uptrend channel.
      • Price is trading above 21 weekly support, 55MA is an immediate resistance to Break which is at around 25$

      Conclusion

      Looking at Technicals and Fundamentals, We would not be surprised if price jump above 25$ in the next two months.

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      Must Read EOS Price prediction: will hit 15$ by next month

      Hitesh Malviya

      Hitesh Malviya is the Founder of ItsBlockchain. He is one of the most early adopters of blockchain & cryptocurrency enthusiast in India. After being into space for a few years, he started IBC in 2016 to help other early adopters learn about the technology.
      Before IBC, Hitesh has founded 4 companies in the cyber security & IT space.

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      Tags: featuredis neo a good investmentneo 2019 price predictionneo 25$neo coinneo coin chinaneo coin price prediction 2019neo coin redditneo currencyneo fundamentalsneo market cap.neo price predictionneo price prediction 2019neo technicalswhat is neo coin
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