Price Analysis

NEO Forwards the Recovery Process by Gaining 2.58% in One Day

  • Amidst the rising trend, NEO gained 2.58% in the last one day
  • The current price trend exhibits that the next resistance is expected to be faced at $11.50

NEO has gained 2.58% in the last one day, and it has been through three major price variations in this period. The three swings have been in the range between $10.55 and $11.45.

NEO Price Prediction:

NEO’s first swing was a decline in the value by 4.22%, and it started at the opening of the day, and by 09:52 UTC, it has lost 0.464496 USD to touch 10.55 USD. It was followed by a hike of 7.94%, and it added 0.838359 USD to scale as high as 11.39 USD. The last variation started at 23:27 UTC, and in the next 2 hours and 42 minutes, NEO price reached 11.45 USD, the highest for the day.

NEO Forecast
NEO Price Chart by TradingView

NEO’s Market Cap has witnessed an enormous rise in these hours. In these 24 hours, the Market Cap has been increased to 804.042 million USD from 787.887 million USD.

NEO’s 20 days average is now at 11.36 USD, and the 50 days average stands at 11.38 USD. The current price at 11.30082 USD is below both the averages, and it is 0.69% and 0.52% less than the 50 days and 20 days moving averages, respectively.

NEOResistance and Support Levels
1st Resistance$11.5033
2nd Resistance$11.8366
3rd Resistance$12.2533
1st Support$10.7533
2nd Support$10.3366
3rd Support$10.0033
Tags

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
Back to top button
Close