NEO price analysis: NEO/USD flirting with $91.5, NEO is added to Koinex cryptocurrency exchange
|- NEO to start trading on India’s fastest growing cryptocurrency exchange.
- NEO price is trading above 100-SMA which is generally on an upward trend.
NEO is trading in a ranging channel on Monday, as it forms support at $89.00 level. The crypto has been in an upside roll over the weekend trading higher highs and higher lows. The good news in the market for the NEO community especially Indian traders is that NEO and its sister token GAS have been added on Koinex cryptocurrency exchange.
Starting at 12.01 am on March 13, 2018, NEO and GAS deposits will go live. The price did not react to this news; however, it could have a positive impact tomorrow. Koinex is India’s fastest growing cryptocurrency exchange.
Technical picture
NEO/USD has formed support at the $89 level while the price is trading at $91.30. NEO’s weekend trading was characterized by a lot of gains as opposed to losses. The bears have been in control of the price and improved it from a low of $81 traded on Sunday to a high of $92.21. NEO price is trading above 100-SMA which generally on an upward trend. The currency has also formed a strong resistance level at $92.21.
NEO/USD price intraday chart
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