TRENDING:

Trade War

XAU/USD

NEO price analysis: NEO/USD bull flag pattern formation observed on 1-hour chart

Ken Chigbo Independent Analyst

Bull flag pattern formation observed on the 1-hour time frame.

Investors anxiously await the Ontology Airdrop, due on 1st March.

NEO price is seen down marginally around 3% during trading on Wednesday, moving in lock-step with much of the crypto market. Slight cooling in prices has been seen across the board today, after a decent run of gains over the past couple of sessions.

There has been noteworthy outperformance for NEO, against some of the other major altcoins this week so far. Investors are looking forward to the planned Ontology Airdrop from the NEO Council, due to be executed on 1st March.

Technically, NEO/USD looks to be setting up a bull run, on the 1-hour time frame, it is evident to see a potentially bull flag pattern forming on the chart. The upper trend line of the flag is tracking currently at $135 containing the price for now, just above also sees the 50 DMA. In terms of support, this is seen at the bottom trend line and in proximity to the 100 DMA.

NEO/USD 1-hour chart

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

Injective token surges over 13% following the approval of the mainnet upgrade proposal

Injective price rallies over 13% on Thursday after the network confirmed the approval of its IIP-619 proposal. The green light for the mainnet upgrade has boosted traders’ sentiment, as the upgrade aims to scale Injective’s real-time Ethereum Virtual Machine architecture and enhance its capabilities to support next-generation payments.

Solana Price Forecast: SOL slips below $82 as hawkish Fed tone sparks risk-off sentiment

Solana is trading below $82 at the time of writing on Thursday after failing to break out of the upper consolidation range over the weekend. The Minutes from the Federal Open Market Committee on Wednesday kept interest rates unchanged, but a less dovish tone that followed dampened risk appetite and pressured risky assets.

Warren warns crypto bailout would enrich Trump family biz: Report

Senate Banking Committee ranking member Elizabeth Warren has reportedly sent a letter to Treasury Secretary Scott Bessent and Federal Reserve chair Jerome Powell, urging them not to bail out “cryptocurrency billionaires” with taxpayer dollars.

Top Crypto Gainers: World Liberty Financial, Sky, and Cosmos confront major resistance

World Liberty Financial, Sky, and Cosmos rank among the top gainers over the last 24 hours but face critical overhead resistance levels. WLFI gained momentum at the World Liberty Forum, an invite-only conference held at Mar-a-Lago by US President Donald Trump’s family, while SKY and ATOM reversed off a crucial support level.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC bears aren’t done yet

Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.