Price Analysis

NEO Price Analysis: NEO’s Bullish Trend Continues With The Price Surge

eToro
  • Neo price surge continues
  • com adds NEO to its Cards & Wallets app

The bullish trend in NEO continues to lure more investors. There is an assumption that the latest news related to Cypto.com listing has encouraged the price hike.

As per the news, NEO adds to the increasing list of tokens and coins of Crypto.com platform stablecoins and cryptocurrencies like bitcoin (BTC), ether (ETH), TrueUSD (TUSD), PAXOS (PAX) and many more.

eToro Crypto

The news broke yesterday, and the prices of the currency skyrocketed. The same is likely to continue in the coming days.

Let’s have a look at the current statistics of NEO.

The price analysis chart and graph is taken from Trade View, at 08:44:33 UTC.

NEO price chart

Particulars

Statistics

Rank

19

Price

14.04 USD
ROI

7638.83%

Circulating Supply

65,000,000 NEO
Market Cap

912,902,748 USD

24 hr Volume

$868,058,739 USD

The YTD chart of NEO is reflecting a steady upsurge in the price of the currency. After a few ups and downs, the price hiked in the first week of April. Rest of the April month observed bearish trend till 13th May. On the same day, the price picked up at a steep pace. The same pattern is observed in today’s market too.

NEO Comparison:

At the beginning of the year, the price of NEO was at $7.52, and the price is presently summing at $13.87. The increase observed to be 2x than that of the price on the first day of the year.

From the last one month, the price has shown an upward trend by 45%. On 5th May 2019, the price was at $9.50 and today at 8:49:45 UTC, NEO is at $13.87.

Both the comparisons are pointing towards the upsurge in NEO.

NEO Price Prediction and Conclusion:

NEO is presently riding high. The price has already crossed its resistance level. As per our prediction, the price is going to remain the same for some time. If the cryptocurrency market embarks a high, then upsurge can be expected from NEO.

For 2019, the price can touch a high of $17. In the coming two years, NEO is likely to be around $25.

Although the price is at its high, we would still recommend holding tight as an increase is expected towards the end for the year.

According to the movements of the NEO price in the chart, the long term investment will revert fabulously.

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.

Related Articles

Back to top button