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 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.