Price Analysis

During the long cryptocurrency winter, NEO seems to have fallen by the side; however, two crypto analysts said the firm could be ready to rise. As per TraderXO, NEO might break out and experience an incline. NEO is a competitor regarding smart contract platforms, hence its popular name, the “Chinese Ethereum”. The price of NEO was $8.72 at the start of last year, and currently, it upsurged by 75% to $15.29. Crypto Analysts Views on NEO According to TradeXO, NEO…

The ETH/USD price is showing some declining signs. A break under $ 125 and $ 120 could make ethereum's price move to the downside. Yesterday, the price started dropping from the hurdles at $ 135. The price later settled under the support at $ 130 and the 100 hourly SMA.  Further, the price declined to under $ 128. Analyzing the ETH/USD Hourly Chart The ETH/USD hourly chart shows a break under a contracting triangle with support close to $ 127.…

LINK has recently broken through its trendline support, indicating that the market is not ready to move higher. This key support broken at 0.00033267 indicates a growing bearish sentiment, at least in the short term. On the one hand, this can be seen as the start of a trend reversal wherein the smart money is starting to take profits after a 135% increase in 2 months. This view will be consolidated if LINK/BTC fulfills the double top pattern, breaking down…

Key Takeaways BTC still ranging, testing support indicative of buyer exhaustion. Monero seeks to develop a bullish market structure. Nano has broken out of the 3-month range. BTC/USD Daily 1 BTC/USD Hourly 4 Bitcoin has been ranging for 2 weeks between the $9k and $9.4k mark. It has struggled to remain above or below this range multiple times, and now bears are taking another shot at breaking the lower support line at $9k. If this support level breaks, Bitcoin will…