Price Analysis

NEO Price Analysis: NEO surges from $10 to $11 within a day recording 11% uptrend

  • NEO becomes more popular it may benefit the price of the token
  • NEO’s alternate-day surge is becoming a pattern

NEO has been highly reliable since its inception and the currency is proving its worth every day to the traders by maintaining a steady trend throughout the week. It surges every alternate day and gives small profits on everyday trading. The current market performance may lead to better investments from the community and crypto enthusiasts now.

NEO Price Statistics:

NEO has recorded 11% surge since yesterday rising from $10.23 to its current value at $11.44 as on July 18, 2019, at 05:10:45 UTC. The coin started trading today at $10.81 and quickly picked up the pace to rise as high as $11.56. This is a better trend than yesterday when the coin started at $10.23, surged up to $10.47 and started dropping down fast to hit $9.73. It was only after NEO coin reached this value that it started moving in the upward direction again.

NEO Price Chart - 18 July

  • NEO coin price is noted to be $11.44 and 0.00117025 BTC
  • The market cap of the coin is $808,449,456
  • The 24h volume is $477,921,325
  • The ROI of the coin stands at 6,200.51%
  • The circulating supply has been 70,538,831 NEO

Yesterday NEO to USD highest recorded value was $11.26 and it has moved past this value already. It may further surge up to $12 or more by the end of the day and head towards beating its 7-days high value recorded at $15.51.

NEO Price Prediction:

NEO started this year’s trading at around $7 and has moved up the ladder quite consistently with many moments of sudden surge also. The coin has earned the reputation of being trustworthy and is the flag bearer in changing the global economic landscape. It may be just scratching the surface right now and may go full throttle in the second half of the year with the value rising as high as $50 in the next few months and trading between $50 & $100 by the year-end.

Conclusion:

These are the perfect times to plan investments in NEO coin as the movement of the token is highly predictable and there is apparently no deviation from it since the past few days.

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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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