When it comes to trading altcoins in 2018, there hasn’t been much to be genuinely excited about. In the case of NEO, things are not looking half-bad right now, albeit there is still a major deficit compared to the $150 price recorded earlier this year. The current momentum looks favorable, even though the network seems to be performing slower than normal.
It is not uncommon for altcoins to go through a big dip when Bitcoin loses value. That has become apparent once again earlier this week, as most altcoins lost significant value again. Very few of them are able to overcome this deficit at this stage, and NEO is trying to do a decent job in this regard. Current indicators appear positive, although they only tell part of the story.