Price Analysis

NEO Price Analysis: NEO Maintains An Upright Momentum To Please Its Investors

eToro

Neo team shares the vision to transform the network completely and become the sole infrastructure of the Smart Economy. They have been inviting users to join their AMA meet, which will help them understand more about EcoBoost. The market as of now seems incredible for NEO, and such meets will help in maintaining the loyalty of their investors in the network.

Price Analysis of NEO on 4th July 2019:

NEO is currently trading at $17.74 at 06:20 UTC as on 4th July. NEO has been showing tremendous surges recently. The other factors contributing to the returns of NEO are as follows:

NEO Price Chart - 4 July
NEO Price Chart
  • Return on Investment: more than 9000%
  • Market Ranking: 16
  • 24 Hour Volume: 583,213,365 USD
  • Market Cap Value: 1,239,269,324 USD
  • Total supply/ Circulating Supply: 100,000,000 NEO/ 70,538,831 NEO
  • 7 Day high/ low: 18.98 USD/ 15.53 USD

NEO Price Comparison:

Considering the trend from the start of this month, 1st July saw the lowest of the value in the meanwhile with the coin trading at the price of $15.69. But the next day, the value saw the highest of the point at $18.30, which was an increase of 16.63% from the lowest. After that, the value was fluctuating with little dips, but the value still surged above the baseline. Yesterdays’ highest was just a drop of 0.56% from the highest of 2nd July.

The value now dropped by 2.5% from then.

NEO Price Prediction and Conclusion:

In the next 14 days, NEO may trade in the upper and the lower range of $22.306 and $18.530 respectively. NEO, without any doubt, is trading with a bullish crossover, which means that the investors are fetching returns on their investments in NEO.

However, in such a case as well, they might want to bid under the safer zone of the resistance level and support level, which is calculated to be $18.530 and $17.088 respectively. With the escalations which have been noticed in the past few weeks, NEO might soon be surprising everyone by trading around $25 to $30 by the end of the year.

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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