# Crypto Technicals: NEO/USD holds 1H 200-SMA support, break below eyes 9.42

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/1918
Published: 2019-05-20T09:51:12.000Z
Updated: 2019-05-20T09:51:12.000Z
Section: Investing

> Support: 10.9220 (1H 200-SMA); Resistance: 12.4282 (Upper BB)

[NEO/USD](<https://www.tradingview.com/symbols/NEOUSD/>) chart - Trading View

Exchange - Binance

Support: 10.9220 (1H 200-SMA); Resistance: 12.4282 (Upper BB)

Technical Analysis: Bias Slightly Bearish

NEO/USD was trading 5.48% lower on the day at 11.05 at 09:20 GMT

The pair has failed to extend recovery, slips lower, bias slightly bearish

5-DMA has turned South and Stochs and RSI are biased lower

The pair is currently holding support at 1H 200-DMA and 110-EMA at 11.30

Break below 11.30 will drag the pair lower. Scope for test of 200-DMA at 9.4210

Violation at 200-DMA will see further downside. Failure to break below 1H 200-SMA will see resumption of upside

For details on FxWirePro's Currency Strength Index, visit [http://www.fxwirepro.com/currencyindex](<http://www.fxwirepro.com/currencyindex>).

## Links in this article

- [NEO/USD](https://www.tradingview.com/symbols/NEOUSD/)
- [http://www.fxwirepro.com/currencyindex](http://www.fxwirepro.com/currencyindex)
