Long accumulation period almost completed,
FIBO 0.50 held well, although there is some tough resistances before $131, parabolic advance might be triggered there and after that FIBO 1.272 extension level indicates $566. Comparing to its previous market cycle; NEO price expectation varies between an average minimum level of 131$ and an average maximum level of $800.
FIBO 0.50 held well, although there is some tough resistances before $131, parabolic advance might be triggered there and after that FIBO 1.272 extension level indicates $566. Comparing to its previous market cycle; NEO price expectation varies between an average minimum level of 131$ and an average maximum level of $800.
Comment:
NEOUSDT weekly is still holding well. NEO market dominance ratio is %0,12. One of the most undervalued in the market. Accumulation must have been completed so far and it doesn't last longer from now on.