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The Neo Crypto rebounded from the 50-day exponential moving average and surged higher.
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The crypto trades near the monthly high value and may resume on the higher side.
The Neo crypto extended the rally on the second consecutive day and surged over 7.51% Intraday. The bulls control the trend and are poised to surpass the monthly high value. When writing, the crypto was trading close to $22.496.
The daily chart demonstrates that the long-term trend outlook is positive, attracting buyers at the pullbacks. The NEO crypto is headed towards the north, forming higher highs and higher lows.
Recently, a selloff was observed; however, it lost momentum near the 50-day EMA. The bulls took the discounted price as an opportunity and added aggressive long positions, which caused the NEO price to bounce back toward higher levels.
The price hovers near the recent swing high and may register a breakout above the monthly low value. On the higher
We współpracy z: https://www.thecoinrepublic.com/2024/04/15/can-bulls-in-neo-crypto-keep-on-stretching-the-gains-above-22/
