On the Asian side, the crypto industry has revived, and related cryptocurrencies continue to increase rapidly.
Innovations from the Asian side of the crypto ecosystem continue to push the industry up. The Asian region, which shone with Hong Kong developments a few months ago, has recently become active again. Bitcoin’s start of the new week on the rise has added value to Asian-based coins quickly. Neo (NEO), one of the most popular of these coins, experienced a 19.20 percent increase in two days.
Neo (NEO) Chart Analysis
Bitcoin (BTC) jumping above $28,000 has especially benefited Asian-side coins. NEO, which has gained upward momentum since $ 8.67, reached $ 11.50 within days. The withdrawal of BTC to $28,000 brought NEO to $11.15 for the time being. As long as the increases in NEO continue, resistances at $12 – $12.90 and $14.19, respectively, could be targeted.
Situations such as the weakening of news about Asia and the withdrawal of BTC may be the main factors that triggered the decline. In such cases, the support levels to watch for NEO are $10.82 – $9.68 and $8.67, respectively. NEO investors are already aiming for the top. Will the Asian-sided coin, which is also at the top in terms of transaction volume, regain its old times?
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