NEO was recently under huge market pressure. The same caused a heavy downtrend in the coin. If we look at the statistics, the 7-day low was marked as $8.73. The highest price touched by NEO in the stated 7 days was $9.35.
It is said that NEO has great potential. It wouldn’t take much time to recover. The currency has a high possibility of embarking price rally in the coming days. The current scenario might not be that good, but the future is likely to be brighter.
NEO to USD Price Chart
NEO Price Analysis & Predictions
Looking at yesterday’s price movement of NEO coin, we can observe that there is a slight fall in the price. Yesterday, NEO opened at $9.05 and kept hovering at the same level. There was a drop in the price in the later hours. NEO price slipped from $9.04 to $8.92 by 1.34%. There was again a fall and later pick up in the price experienced during the closing hours. NEO slipped from $9 to $8.82 by 2%. The pickup took the coin to $8.99 by 1.89%. There was an intraday regression of 0.81%. Currently, NEO is dealing at $8.96.
The Market Cap of NEO is noted as $631,949,360. There are 70,538,831 NEO coins are in the current circulation. The currency is expected to deal around its 30-Day high of $10 by the end of the year. NEO would go best with the investors having long-term planning in mind. The short-term investment wouldn’t give the desired result.