NEO broke a key support level
, one it has broken several times already and has always recovered strong. Fibonacci retracement
shows same profit target at 0.006. RSI
is oversold. Will it bounce or break support again, it depends. Much manipulation in Neo market recently, whales want a cheaper price, also the mishandling of news including chinese regulation rumours have negatively affected the price. We will see in time to come. Neo is a valuable asset and has solid fundamentals. Let's not forget we went from 5 to 50 dollars within the span of a couple weeks not too long ago. Hold on to your Neo, and be aboard the train when it leaves the station.