The action in NEO has been a bit dead since the RedPulse ICO, but that may be a good thing!
Sideways Action This Week
After a couple of down days coming off the RedPulse ICO (which was an ICO run on the NEO tech) price has basically just been dead going sideways.
I'm actually okay with this as everyone has been plowing their money into BTC the past five days.
Outlook
We are sitting in the middle of the range so to speak. Once price starts getting some volatility again the goal is to breach $40 and then $44 on the upside in order to take a run at the all time highs.
Conversely, if price were to push lower we are looking at about $20 and then $15 as the next support levels.
Other than that there is not much to say on price action. We will see what next week brings!
P.S. - If you like passive income investments. I'm getting paid daily interest on my bitcoin using this: https://bitconnect.co/?ref=Mitch78 . I do consider this a high risk investment and I only put in money I don't mind losing.
Best Regards,
Disclaimer: Content in this post is for informational purpose and is my opinion.
I went for the quick double up from $15. Reassessing as BTC is booming.
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Yeah, I had grabbed a little more at 15 and change on that previous pull back. Grabbed more at these levels too. Trying to build a position that pays when this thing goes triple digits!
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NEO is a great buy at these levels. As soon as the dust from the Bitcoin fork mania settles, we will see a rise towards all time high. Just waiting for Bitcion profits to buy altcoins again.. I believe that this will happen, that is why I have been buying alts the last few days!
Thanks for a great post, upvote and follow from me!!
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Agreed, and yes past few days has been a buy opportunity for the alts.
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I had the chance to enter it during the crash back 15/09 when it went down to 15$. It doubled up pretty quickly then
I guess it will stay that way until the fork coming and will recover it's all time high after that =)
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Yes, that is what many of us our thinking. I grabbed some down there on the spike down as well. :-)
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Upvoted & RESTEEMED :]
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Much appreciated :-)
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This post has been ranked within the top 50 most undervalued posts in the first half of Oct 14. We estimate that this post is undervalued by $10.14 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Oct 14 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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I think NEO is very undervalued, just bought some more today.
made a litll TA about NEO today, check it out if you got some time.
Keep ut the good work, following for more :)
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