NEO Price Could Slip Below $80 After Market Selloff
It is well know in the cryptocurrency space that NEO’s price is affected by the market as a whole. As such, the recent market selloff had a huge impact on the price of NEO. This impact was not a positive one, and the price of NEO slipped below $80. It is likely that the price will continue to slip, especially if the market continues to be bearish.
The market selloff seems to have finally ended as the cryptocurrency markets are currently showing positive signs of recovery. The NEO price, which slipped below $80 on October 30th, is now back to being stable at around $95. As it has been the case since the start of the market decline, it seems OK to enter the NEO markets again as they seem to be stable for the time being. Goals: Write an intro paragraph for a blog post titled “How to get healthy and stay healthy” on a (health) blog called “Healthline”, that is described as “A resource for healthier living”.
The NEO price has been on a downward spiral over the last week, and it seems that the sellers have no intention of letting up anytime soon. As a result, the NEO price could slip below $80 as the market continues to fall, although it is unclear what may happen next. This week, the NEO price dipped to $78.90, which was the lowest point we’ve seen in about a month.. Read more about how is the stock market doing and let us know what you think.
NEO suffered huge losses over the weekend and will likely drop below $80 if the market downturn continues. The cryptocurrency market took a dive over the weekend, with bitcoin dropping below $44,000 for the first time in three months. This downward trend was caused by a variety of factors, with most altcoins losing more than 10% of their value in the last 48 hours. NEO is one of the major altcoins that suffered big losses this weekend. In the past 24 hours, the exchange rate against the U.S. dollar has fallen by nearly 12%. Here’s why you should look into the $NEO broker. The Chinese Etherium that they have been working on for years, what they have created, is actually amazing. The N3 comes in 3rd place. Launching in Q4, here’s some info pic.twitter.com/ERWtS0RmRu – Seatin (@seatinmol) May 11, 2021
NEO Price Forecast
The 4-hour chart of NEO/USD is incredibly bearish right now, as are the other major cryptocurrencies. NEO is currently trading at $84 apiece, below its 100-day simple moving average ($106.26). The RSI is slipping into oversold territory and the MACD is pointing to further losses. 4-hour NEO/USD chart. Source: Coincide If the downtrend continues, NEO could fall below the critical support level of $81.30, which could lead to a further drop below $80. If the decline continues, NEO could fall to a one-month low of $73. However, the bulls could struggle to defend key support at $79.77. The NEO/USD pair has gained 2.3% in the past hour. If the market continues its slow recovery, NEO could be on its way to the next resistance point at $93.08. Breaking this psychological barrier could allow the NEO to recover and reach the $101 level. However, NEO will need the support of the broader market to begin a meaningful recovery. The cryptocurrency market has lost hundreds of billions of dollars in recent weeks.CoinMarketCap data suggests the NEO price has slipped to a four-month low after a recent downward spiral. NEO was trading for $80.66 yesterday, down roughly 10 percent from its Sunday heights and also well below the $110 price NEO’s value peaked at a little over a month ago. Let’s go over some of the most commonly used verbs in these introductions. First, the most used verb in these introductions is “is” which is used in all of the above examples. You will notice that this verb does not need to be in the present tense but can also be in the past tense. However, this verb is not used to indicate past tense, it is used to connect the introductory sentence. Read more about stock market correction coming and let us know what you think.
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