NEO Price Attempts to Stay Above $40 Despite Bitcoin’s new All-time High
Things have been looking pretty good for holders of the NEO cryptocurrency. Despite a sharp dip late last night, the NEO price is still maintaining a sense of stability around the $40 mark.
Last night’s dip created an excellent buying opportunity, to say the least. It is evident the NEO price will be affected by a fair amount of market resistance in the coming hours, though.
While things may have looked a bit bleak for the NEO price when last night’s dip occurred, the market has rebounded pretty well afterward.
More specifically, seeing the NEO price drop from $42 all the way to just under $37 in a matter of a few hours isn’t fun for anyone.
The people who were waiting to buy in received the opportunity they were waiting for when that dip occurred, though.After all, the NEO price quickly bounced back to over $40 in the next 90 minutes.