The widespread recovery staged on Thursday appears to be pre-maturely stalling. Bitcoin (BTC) seems to have spent all the batteries after tackling $10,200 resistance and its immediate retreat is once again, is dragging the crypto market down.
NEO is trading between the moving average support and resistance. The 50 Simple Moving Average (SMA) 4-hour is establishing as support currently at $9.78 while the 100 SMA 4-hour is limiting movement north at $10.23.
After testing the support at $180, Ethereum is in a recovery trajectory towards the critical $200. Although, reports have indicated that Ethereum breaking away from the altcoin s to become independent crypto like Bitcoin.