Recently, there has been a lot of encouraging and positive news on NEO. As a result, x5.5 growth in half a year may still reach x6.
The final stage of positive news should be in 4Q 2020 and the result is the launch of NEO 3.0 Mainnet.
However, it will be later.
At the moment, we believe that this parabolic and uncorrected growth should be cooled.
So, in the coming days, the maximum we expect from NEO is a sharp short squeeze to the zone $27.5-28, no higher than $28.15.
Short squeeze will be active if they manage to raise the price above $24.6.
Globally, the beginning of a protracted and rather deep correction into the NEO accumulation zone is not far off. Here buyers happily greeted Neo with both limit and market orders. It is the level $13 and the zone $9.8-10.5.
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