NEO, Ripple & Litecoin - European Wrap

NEO price analysis: NEO/USD locked in a range amid growing bearish pressure
NEO, currently the 22nd largest coin with the total market value of $500 million, has gained about 1.2% in recent 24 hours to trade at $7.0 at the time of writing. Since the beginning of Friday, NEO/USD has lost 2.3%. The coin is marginally below the levels registered at the beginning of the year,. The annual losses exceed 58%.

Litecoin market update: LTC/USD gazes into a bottomless pit
The cryptocurrency market suddenly turned bearish on Friday. Although the Asian session was characterized by intense pressure on support areas, most of the damage has been made during the current European session.

Litecoin resumed the downtrend after testing $55 on Thursday. The bears are extending the leg towards $50. However, LTC/USD is holding ground above $53.

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