Price Analysis

NEO Price Analysis: NEO Commences the Week Trading at $13; Weekend will be Better

It now seems that the period of slow-moving trend is over now as most of the cryptos are gaining momentum and bouncing back again. Same is the case with NEO as the currency has finally started moving above $13 and traders anticipate it to cross $15 by the end of the week. The firm is also taking calculative measures to keep the existing supporters happy and engage new ones by trying new strategies, the recent one being about the world of online gaming. This may do the trick for NEO and further improve the performance of the coin.

NEO to USD Price Comparison:

NEO has recorded a downtrend of over 4% in the last one day declining from $13.5795 to its current value at $13.0141 as on July 22, 2019, at 06:16:41 UTC. The coin started yesterday at around $13.57 but started dropping gradually and hit $12.5069. It picked up a little pace after that and surged up to $13.014 at the beginning of today. NEO has not moved much since then and still trading around the same value.

NEO price chart - july 22
NEO chart By TradingView

Current Statistics of NEO-

  • NEO coin price is trading now $13.01 and 0.00122534 BTC
  • The Market Cap of the NEO coin has reached $917,951,118
  • 24-hour volume is recorded as $337,638,658
  • The circulating supply of the coin is 70,538,831 NEO
  • ROI now stands at 7,029.30%

NEO’s highest recorded value yesterday was around $13.63, and the coin may cross this value between by tomorrow. After weeklong bearish trends, NEO seems to be bouncing back towards rising trends.

NEO Price Prediction:

NEO may rise as high as $15 by the end of this week. The partnership announced last week has been benefitting the price movement of the coin, and it seems to be gaining pace back again. The coin may head towards its 30-days high value of $20 by the end of the month. It may, however, move past $20 by next month and head towards $30 by the end of the year.

Conclusion:

This is the right time to plan long-term investments in NEO coin and wait for huge returns. Similarly, everyday gains are also assured now from the coin.

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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.
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