NEO Token Report
Neo is an application platform and cryptocurrency built on blockchain technology, that facilitates the execution of smart contracts and decentralized applications. Initially established as Antshares in 2014, the project underwent rebranding to Neo in 2017.
NEO is ranked #69 with a market capitalization of over $1.4 billion. The current market price of the token is 19.5 USDT
On the daily time-frame, the NEO/USDT trend had recently broken out of the the ascending trendline. The trend is currently retesting the breakout level with considerable volume support. The next resistance is expected at 23.2 USDT and the next support is expected at 18.3 USDT.
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