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Price Analysis

NEO Price Analysis: NEO Finally Heading Towards The Right Direction

David Li, the Founder of Trinity Protocol, recently asked many questions to community AMA session which covered interesting layouts about the development progress as well as NEO blockchain, and perspective about the same for the future. NEO is in the news for many recent partnerships and launch lately. However, if it is affecting the NEO chart or not, is the real concern.

Let’s understand the same with price statistics till date.

Price Analysis of NEO on 13th June 2019:

While writing this, NEO price is trading at $12.97 at 08:18 UTC on 13th June 2019. The remaining essentials are as follows:

Return of Investment7000.71%
Market Ranking18
Circulating Supply70,538,831 NEO
Total Supply100,000,000 NEO
Market Cap909,004,413 USD
24 Hour Volume547,810,366 USD

NEO Price Comparison:

Neo Price Chart - 13 June

If you are a NEO follower, this is a good time to analyze the trend. The Value is trending in the right direction. The lowest in past few days was realized on 9th June with value trading at $11.25. The value has increased by 15% already since then. Users are rolling their eyes who invested at the correct time. And some are weeping who thought it would continue to trend downwards.

Neo Price Prediction and Conclusion:

If the trend continues in the same direction, NEO price will touch down around $14-$15 soon. The market is on the high bull, and traders must keep a check on their returns. You might be earning in the number you thought might happen after a few weeks.

NEO has been working on polishing their partnership and recent launch. It seems like the market is finally turning in their favor!  We are hoping for the same trend to continue for NE to touch down around $20 by the end of 2019.

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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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