Price Analysis

NEO Price Analysis: NEO Explores Investment Opportunities to Boost Mass Acceptance

NEO has been moving slowly in the downwards direction since the beginning of this week and has dropped from $17 to $14 within the last five days. To divert the attention of the investors from slumping prices of the coin, NEO has recently invested in Travala.com. This strategic step may boost the current market performance of the coin and accelerate it towards reaching $20 faster.

NEO Price Statistics:

As on July 12, 2019, at 05:04:49 UTC, NEO price is noted to be trading at $14.52, and the value of the coin has fallen drastically from $16.30 at the beginning of yesterday to the current value showing a downtrend of over 10%. The coin may have started on a higher end yesterday but started falling steeply in the initial hours and reached as low as $14.83. It traded around the same value for the most part of the day and has not recovered yet.

NEO price chart - july 12
NEO chart
  • NEO coin price is noted at $14.52 and 0.00128706 BTC
  • The 24-hour volume of the coin is $497,344,302
  • Market Cap of the coin is $1,023,903,719
  • The ROI of NEO stands at 7,948.16%
  • The circulating supply has been 70,538,831 NEO

Yesterday, NEO closed trading at $14.61 and started today at $14.53. It has not shown any considerable movement since then and may close the day trading below $14.50.

NEO Price Prediction:

NEO prices have been falling continuously. The ROI of the token has also come down this week. The coin is constantly finding it difficult to remain afloat above $15 and keeps crumbling down. By today, NEO may surge above $15 but may continue to trade between $15 and $16. The coin may surge up to $18 by the end of the month.

Conclusion:

This is a good time to plan long-term investments in NEO token and get long-term benefits.

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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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