NEO 5% Up after SEC Drops Claims Against Ripple Executives
NEO prices are rolling down in October passing the support at $7.50. They were on a half way to $5.00 when the news about Ripple hit the stage. Ripple Labs said that the SEC voted to dismiss the allegations against two of its executives without prejudice.
Such a surrender by the SEC is looking a big step in favor of the crypto industry. The XRPUSD rallied by 6.5% on the news pushing the entire crypto market up. Bitcoin priced are close to $30,000 per coin. NEO prices are moving up too. They have made it above $7.50 per coin. It would be better if its prices roll back to this level to establish a solid ground for a possible rise towards $10.00 per coin.
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