NEO Technical Analysis - Will The Ascending Trendline Help Prices Surpass $13

With the crypto market showing a retracement last night, the NEO prices fail to break out of the ascending triangle pattern. This failure further continues resonance in the triangle and delays the breakout entry.

Will the bullish failure lead to the crackdown of the support trendline or a bullish reversal can shatter the overhead resistance? Watch the entire video till the end to learn more about the upcoming trend in NEO, and don’t forget to hit the subscribe button!

So beginning with the market values, NEO’s current market price today is $11.39 at 5:30 GMT, a fall of 8.02% in the past 24 hours, showing a sharp retracement after the buying spree!