A breakout above the 50-day SMA can push prices towards $600 and then to $730 levels.
Our target objective remains a rally to $1,114 levels where traders can book partial profits.
In case vertical rally does take place, traders can expect levels to see the price reaching $1,300 and $1,600 levels.
Traders can book partial profits at this level and hold the rest for higher levels of about $0.47.
The RSI has reached close to overbought levels; hence, a few days of consolidation can't be ruled out.
On April 17, prices broke out of this level but could not sustain it.
The ADA/BTC pair will pick up momentum if it breaks out and sustains above 0.000035 levels.
NEO/USD NEO is currently stuck between the 20-day EMA and the 50-day EMA. It has been trading close to the $64 levels - our recommended buy level - for the past five days.
A breakout of the 50-day SMA can carry the NEO/USD pair to the $80 levels where it will face considerable resistance from the downtrend line of the descending triangle.
It successfully completed a retest of the breakout levels and found support at $7.8 on April 15 and April 16.
Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, NEO, EOS: Price Analysis, April 19
Udgivet den Apr 19, 2018
by Cointele | Udgivet den Coinage
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