RE: NEO breaking out of bullish channel

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NEO breaking out of bullish channel

in bitcoin •  7 years ago 

a few people have said its gonna go down to $26, than back up to the $44 mark. how do u see it going back up to $44 is what I wanna know

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No one can no for certain but NEO has been at like $48 high with a second high of around $44 and has setup a big resistance at that mark. $26 dollar being the other mark like on the chart in this post. In my other post I did a longer term analysis and I believe NEO will reach $80 next year. The reason why I believe so is that NEO has a lot of support especially in China, It doesn't look like countries are banning crypto's in fact some are starting to adopt it (I can buy groceries with bitcoin already) China just hurt it a bit but crypto's are here to stay and NEO is China's ethereum, it wont die.