NEO : Price Analysis, March 28

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NEO/USD

Though the bears have broken below the bearish descending triangle pattern on NEO, the bulls are trying to defend the March 18 lows of $49.04.




NEO/USD




If the NEO/USD pair breaks below $49.04, it will become negative and can slide to $31.15 levels.

The first sign of strength will be if the bulls push the cryptocurrency above $65 levels and settle there.

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