Oversold after Redpulse ICO yielding discount on NEO; we won't see a price under $30 again barring a shocking level news event as we can see buyers are eating this up at higher and higher levels. Speculation appears to have accounted for 20% price movement through RedPulse; higher than expected considering hodling in Neon wallet generates free GAS. Healthy number of events coming up this month compounded with flag signals to me $38 (+22%) near term goal, likely retracement (giving last chance to load up) then $48 (+41%) mid term goal as people temporarily convert overbought BTC to alts coupled with NEO event lineup.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.