- NEO price escalates for the second day in the row
- The uptrend is likely to stay for some time now
The market had suffered very badly in the last quarter, but the ongoing month started with a beam of hope. Well, within the first few days, the traders experienced a heavy fluctuation in the market. The volatility is still intact along with moderate upsurge marked in the price. Since yesterday, there has been a visible rally, which is anticipated to linger and push the coin slowly and steadily.
NEO to USD Price Analysis:
The data feed is taken from Bitfinex as on October 10, 2019, at 03:57:11 UTC for analysis.
Yesterday, NEO started trading at $7.54 when the price immediately slipped to $7.44 by 1.29%. There was an immediate upsurge in the price, which went up to $7.77 by 4.44%. The price slipped to $7.63 by 1.88%. The price again hiked and soared to $7.8 by 3.46%. Later, the fall took it to $7.58 by 3.92%. The final upsurge took it to $7.77 by 2.58%. The intraday price movement indicated escalation by 3.15%. Today, the price hiked in the first few hours, but it is recently indicating a slight fall marking a marginal regression is of 1.14% from $7.78 to $7.6.
NEO has recently experienced a voluptuous increase in the market cap. On October 1, 2019, the market cap was at 531,422,540 USD. Today, the market cap is noted as 543,570,898 USD. There is a substantial increase in the digits which is indicating towards a better future. The traders can dig-in with a high prospect of profit. With this, we would recommend the traders to have a long-term investment with NEO as it could bring maximum results.