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NEO/Bitcoin Finds Support as Alts Rebound

Bitcoin's surge took a break during the 12/8 session. Meanwhile, altcoins made a come back. Let's take a look at NEO/BTC, which also found buyers, and at a key support level.

NEO/BTC

  • NEO/BTC had a good run from  June to mid-August but has been consolidating choppily since. 
  • The 0.002 BTC level was a key support and NEO found buyers here.
  • The RSI is around 30, so we can say NEO/BTC is slightly oversold.
  • There is at least upside back to 0.0032 in the short to medium-term.

How Low Will Bitcoin Correct To?

DASH/Bitcoin Approaching Key Support Area