NEO Price Finally Finding Position Above $40.00 After New All-Time High

NEO price after forming a new record token fee of $53.51 on Dec 14. Following the correction afterward, the pair NEO/USD is making an attempt to cement its base on a new trading floor.





After 5 months of gaining and cost losses, NEO sooner or later forms a new record territory which is not that some distance from the previous one – $53.51.













despite that the difference in gain is simplest $2.00 USD for the token in comparison to its closing high, the marketplace improvement for the pair NEO/USD is a long-running bullish train forming its way upwards slowly but with a bit of luck.





fundamental supports wait at $36.00 in case of a near-term dip so plan ahead of if you want to step in.





on the near term understanding, NEO price is forming a stabilizing triangle sample on the hourly chart with its apex across the area above simply $45.00. If it dips underneath $44.00 a return to above noted support is awaited.





however, compared to its range sure – the rebranded coin NEO is acting extra than just well as simply one month ago there was battle to overcome the $30.00 level even as now a brand new buying and selling ground is probably favored.





As for its brand new development, NEO is partnering up with Blockchain Leaders Confirm and QRC to build smart economy environment. Regtech leader Confirm announced today it has partnered with the blockchain platform NEO and the expert venture platform QRC to nurture a compliant blockchain ‘smart economy’, with a specific recognition in Asia.





The collaboration launched this week when Confirm CEO and Co-Founder Pawel Kuskowski and QRC CEO Adam Vaziri joined the NEO team at NEO’s blockchain competition kick-off event in Tokyo. The three entities, who percentage a common interest in fostering compliance, will join forces in a application as a way to assist spur improvement at the NEO blockchain — a pillar in the Chinese blockchain network.





it is of a good deal importance for a coin like NEO to retain on increasing and achieving out for improvement as its success may be very a great deal based and supported on its achievements as a technology is very bendy and the news which is shared.



