$NEO Analysis Update: Dino Coin with an Interesting Technical Pattern
NEO is now ranked 87th on CoinMarketCap. It is a dino coin that has been in the market since 2014 and was dubbed the "Ethereum Killer."
In previous analyses, we mentioned that NEO was consolidating above already surpassed resistance levels and that its technical pattern was very solid, similar to #AVAX and #icp , after the abrupt market decline. These three cryptocurrencies lost the levels they had reached. The good news is that NEO is above its early November 2024 low, testing resistance levels, which shows that its investors are not selling in panic, as has happened with cryptos like NEAR, #FET , and ROSE.
This is my analysis. Do your own and if you are scared, use stop-loss. NEO has surprised me; it is a crypto that, despite the decline, is approximately -15% from our last analysis. For me, this cryptocurrency will perform well in the face of the last bullish movement. I will leave a final purchase in the 8.1 zone in case the price comes to liquidate its last minimum.
NEAR should look for the $36 zone, which from current prices represents more than 200% returns in the coming months. NEAR is currently in a resistance zone, and in resistance zones, it is not advisable to buy. Be careful. Wait for a pullback to start accumulating and always stagger entries or use some form of DCA (Dollar-Cost Averaging) $