NEO Price Analysis: NEO remains above the baseline to let investors earn bountifully

eToro

NEO is holding a meetup on 25th July in Vietnam. They have been inviting users from all over the country to attend the meetup. This meetup will be all about recent updates and features of NEO3 and EcoBoost where followers will get a better look at the vision of NEO.

Let’s see what price statistics of NEO has to offer today.

Price Analysis of NEO on 6th July 2019

NEO is currently trading with a price of $17.10 at 08:12 UTC as on 6th July 2019, and is expected to escalate in the upward direction. Following are other factors contributing in the capitalization of NEO price in the market:

neo

  • Return of Investment: More than 9000%
  • Market Ranking: 17
  • 24 Hour Volume: 489,128,032 USD
  • Market Cap Value: 1,215,149,912 USD
  • Total supply/ Circulating Supply: 100,000,000 NEO/ 70,538,831 NEO
  • 7 Day high/ low: 18.58 USD/ 15.53 USD

Comparison

Considering the analysis from the start of July, on the very first day of the month, the lowest was seen at $15.69 which was further increased by 16.7% by 2nd July with a trading value of $18.30. The value was then escalated above the baseline till 4th July and then further saw a drop by 8.03% from the highest of 2nd July. It was yesterday at 07:00 UTC when the trading value was manifesting a drop at $16.84. However, the value then increased by 4.29% in few hours when the value at 10:45 UTC was trading around $17.55. The value now has dropped by 2.5% but is expected to escalate higher soon.

Prediction and Conclusion

NEO without any further doubt is moving in a direction where it is catching the eyes of all the investors. In fact, one can analyze that the capitalization of NEO has increased to a level where the supplies are increasing on daily basis. This means, that there are many investors joining the NEO network and it is predicted that many more will join further.

NEO has seen a steady increase and is hoped to escalate in the same direction. As of now, NEO is trading in bullish zone, and by the end of 2019, the value of NEO is expected to trade around $25 to $30.

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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