The current trend of this cryptocurrency remains bullish
NEO can be a good investment option, but the correction phase could be around the corner
If the NEO price falls below $16, it would be a strong sell signal
The cryptocurrency market is advancing this December; Bitcoin’s price advanced above $23000 resistance and reached a new all-time high. NEO has increased from $16.6 above $18.7 in less than five days, and the current price stands around $18.3.
Fundamental analysis: Neo’s ecosystem projects are still working hard to put a perfect ending to the year
NEO was founded as AntShares by Da Hongfei, and Erik Zhan in China, and on this platform, users can issue and trade assets. NEO platform has its own cryptocurrency that is distributed to prove ownership of an asset, which makes it more straightforward to transfer shares, equity, and assets.