NEO / TetherUS

๐Ÿ”ฅ NEO Has Entered Long-Term Accumulation Phase

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Back in January I made an analysis on NEO where I argued that NEO was likely going to see more bearish pressure, which would bring it all the way back to 2019 price levels. Consequently, this could be considered as a long-term accumulation phase in preparation for the next bull-cycle. The yellow line is a copy from the previous accumulation phase and bull-cycle and is there just for visual purposes.

๐Ÿ”ฅ NEO Long-Term Bear Market Scenario


Be aware that NEO's bottom is most likely not in yet. With Bitcoin Dominance rising, it's very plausible that NEO can fall another 50%-80% over the coming months.

However, if you're looking to dollar-cost-average NEO, this is the time to do so.

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