NEO Price Analysis: NEO March Pasts The Bearish Outlook

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John deVadoss, Head of NGD Seattle, participated recently in Washington Technology Industry Association Cascadia Blockchain Council Panel which was held on 20th June. There were many Washington based members form the industry of blockchain who participated in the discussion of SB 5638, recently passed the blockchain bill.

Price Analysis of NEO on 27th June 2019:

NEO is trading at $17.11 at 09:41 UTC as on 27th June 2019. Mentioned below are some calculated significant factors contributing to the chart.

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Neo Price Chart - 27 June
Neo Price Chart
  • Return on Investment: more than 9000%
  • Market Ranking: 16
  • 24 Hour Volume: 968,447,457 USD
  • Market Cap Value: 1,205,882,228 USD
  • Total supply/Circulating Supply: 100,000,000 NEO/ 70,538,831 NEO
  • 7 Day high/ low: 20.83 USD/ 13.24 USD

NEO Price Comparison:

Considering the time frame of the past 30 days, NEO has manifested a surprising growth bringing delight to the investments of the traders. The lowest was last seen on 4th June with a trading value of $10.99, which is now increased by 55.6% from then, which is a significant surge in 30 days. The highest, on the other hand, was seen yesterday with a trading value of $20.84, which is now dropped by 17.89% from then.

NEO Price Prediction and Conclusion:

NEO is still leading a strong bullish nature in the market. Such a rise in the price in such a bijou span of time has definitely cracked the attention of potential users as to binge. Right now, the best bid is to stick to NEO and make better profits in the zone.

The resistance level and support level for traders is calculated between $22.254 and $16.346, respectively. NEO is aiming to go big, and it seems that it is going in the right direction too. Neo is expected to trade between $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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