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NEON

NEON PULLBACK FOR A LONGNEON here on 3day chart. Nice move so far, got bearish stophunt giving us an entry opportunity. NEW WEEK and 3DAY CANDLE MONDAY! Will be looking for long opps around 1.50 range to build position, if we get that on new week dips. Several target along the way but I ultimately believe NEON will moon. Sooner or later. At least $5 range for ultimate target depending on how patient you are. Not financial advice, just mt 2cents. PLEASE LIKE, FOLLOW, BOOST IF YOU LIKE MY CONTENT THANKS MATES!
by Cosmicbag
NEON Token Soars by 2000% in 3 MonthsNASDAQ:NEON , a token linked to the namesake project on the Solana blockchain, has seen a phenomenal increase of 2000% from October to December 2023, reaching a high of $1.74. The asset has seen a nearly 300% increase since early December alone. NASDAQ:NEON has become one of the best-performing tokens on the Solana blockchain, making it into the top 500 in market capitalization, as ranked by CoinGecko. This piece will examine the growth drivers of NEON and assess the potential for further investment opportunities in the project. Background Neon was among the crypto projects that conducted a public token sale through Coinlist, the largest ICO platform. The token sale on June 8 saw 50 million tokens up for grabs. The Neon protocol itself is an EVM platform for crypto projects on the Solana network, enabling Solana users to deploy smart contracts in the Solidity programming language compatible with Ethereum. NASDAQ:NEON 's ICO price was set at $0.10 for investors. However, 99% of the token sale spots were reserved for a priority queue, accessed by those who joined Neon's Discord before the ICO announcement. The OTC purchase price for such an account was between $300-$600, making the real cost of each coin during the sale approximately $0.20-$0.25. What Led to NEON's Remarkable Growth? NASDAQ:NEON reached its all-time low on August 30, priced at $0.052 per token. Following this, the coin began an active ascent, further accelerated by the upward trend in Bitcoin (BTC). This uptick in BTC led to a surge in demand for popular altcoins, including Solana (SOL), which itself saw a 300% increase from October 15 to December 20. The correlation between CRYPTOCAP:SOL and its Solana-based counterpart NASDAQ:NEON propelled NASDAQ:NEON to a significant market capitalization of $90 million: Key factors that significantly influenced NEON's explosive growth include: 1. Limited availability of coins for sale. Apart from ICO participants on Coinlist, the token was scarcely held by others, as indicated by its tokenomics. Most partners and investors were subject to a lock-up period of over a year; 2. Small market capitalization; 3. Lack of similar offerings within the Solana ecosystem; 4. Overall positive trend in the cryptocurrency market. Will NASDAQ:NEON Continue Its Upward Trend? It's essential to consider both the project's fundamental aspects and technical analysis. Technically, buying NASDAQ:NEON in the spot market seems promising, particularly in the $0.7-$1.0 price range: Given the range of crypto projects in the Solana ecosystem, NASDAQ:NEON has the potential to increase its market capitalization to between $150-$200 million. However, this hinges on BTC avoiding a significant correction that could negatively impact $SOL. Monitoring the TVL of the NASDAQ:NEON network is also crucial. If locked funds and the number of projects on the network steadily increase, it could further boost NASDAQ:NEON 's upward trend. Additionally, investors should watch for tokens of projects launched on Neon, such as Moraswap, Sobal, zkUSD, among others.
Long
by DEXWireNews
NEON SCAM😁NEON SCAM😁 Probably, many have heard about it. It went through an ICO on CoinList, and currently, its price is 0.09. Predicting the prospects of this project is quite challenging, but it's possible to earn a few percent from the deposit. To generate additional income, I decided to focus on the zone where I bought NEON, with the possibility of getting a 30% return on the minimum deposit. Remember that such operations always carry risks, so it's essential to be cautious and skillfully manage your investments. Good luck with your trading!
Long
by CHOWTRADE
2
$NEO possibly finishing 25% moveOn the smaller time frame, NEO has made a double bottom in its descending channel. This could potentially send it up to the higher part of the channel to eventually complete its bull flag by breaking through resistance and finally meeting around the .0017 barrier. Volume is increasing (more noticeable on higher time frames). Keep in mind a double bottom on a smaller time frame doesn't have as much power, but it could potentially. Stoploss at or around .0013. Trade wisely and take this idea with a grain of salt as you should with all trading.
by BikBookly
NEO looking mighty bullish$NEO broke through previous resistance and is entering a new channel. On top of that, it has rose above its 50 day moving average, and the MACD is showing some bullish signals as well. The Bollinger Bands have been squeezing around the price since accumulating back in August, so it's likely to pop. BTC made the drop to 7,500 today, but most alt/btc pairs remain relatively unscathed, and some are even pumping. NEO could potentially make it to above 1000 SATS before December or higher if it maintains this general direction. I'm not a professional. Take my opinion with a grain of salt, as you should with all investments.
Long
by BikBookly
NEO did exactly what I predicted! The cup and handle pattern!Hello friends!!! As you can see on the chart, the breakout above the cup and handle pattern which I made in my previous analysis worked out perfectly and you can see the rise in volume and advance. Neo arrived at its next resistance at 57 dollars. Let's hope neo will break above it. If NEO does not, it can fall back to 56 dollars where the next support is. Follow me and let me show you the horizon! Greetings, Krypton
BITFINEX:NEOUSD
by KrYpTon_Horizon
NEO, Cup and Handle breakoutDear friends, humans, aliëns, folks, I want to give you a brief explanation about what NEO could do the next few days or maybe even hours. If NEO manages to break above the resistance line of the cup and handle pattern which I created, It could go up to 56 dollars short-term, where the next resistance stands. Please be aware that the cup and handle pattern has been formed with a huge volume spike at the beginning of the handle, this makes the pattern less valid. We need to wait untill a breakout occurs above the resistance line. If this won't occur soon, NEO could drop to the 50 usd level where the next support stands. Give me some love and let me show you the horizon. Greetings, Krypton
BITFINEX:NEOUSDLong
by KrYpTon_Horizon
1
NEO, the descending triangle pattern.Hello my friends!!! I want to give you a brief explanation about what NEO could do the upcoming days. As you can see the rising wedge I created in my previous analysis worked out perfectly. Neo has formed a descending triangle but has broken above the resistance line which is a very good thing to see. Now we could see a rise to 56 dollars where the next resistance lies. However, If neo falls back below the support line of descending triangle, we could see a retracement to the 76% fibonacci retracement level which is a huge support for NEO. Keep in mind that this is the one hour chart and a short-term analysis. I am trying my best to make it easy for you guys to read the wild and mysterious charts cryptocurrencies have! Follow me and let me show you the horizon. Greetings, Krypton
BITFINEX:NEOUSD
by KrYpTon_Horizon