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Price Analysis

NEO Price Analysis: Traders Seem To Be Optimistic About Strong Bullish Trend Of NEO

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John Wang, Director of NGD’s Ecosystem Growth, recently was interviewed by the NEO News Today. In the interview, there was a discussion about the fund of $100 million EcoBoost. John Wang talked about the plans of investing the same and supporting NEO plans and its ecosystem. Such news has undoubtedly attracted the users of cryptocurrency.

So, will NEO be able to attract more users in the game? Let’s see what price statistics have to say about the growth of the value of NEO in the real market.

Price Analysis of NEO Coin on 19th June 2019:

At 05:06 UTC time, the value of NEO is trading at $13.91 as shown in NEO chart on 19th June 2019. The remaining essentials are as follows:

NEO Price Chart - 19 June
NEO to USD Price Chart
Return of Investment7558.61%
Market Ranking17
Circulating Supply70,538,831 NEO
Total Supply100,000,000 NEO
Market Cap980,366,751 USD
24 Hour Volume398,829,167 USD

NEO Coin Price Comparison:

After a sudden dip yesterday, the value is surging in the upward direction in NEO price chart. The value had increased by 10.5% from 14th June when the value was trading at the lowest trend of $12.58. The highest was analyzed on 17th June with value trading at $14.73. The value has dropped by 5.5%, which is now surging upwards, it seems.

Since the beginning of 2019, NEO has shown delightful results and returns to the traders. It is hoped that it will keep surging and resulting in better gains.

NEO Price Prediction and Conclusion:

Well yes, NEO is positive in terms of a short-term and long-term investment portfolio, but traders must trade in the safer zone initially. If NEO is freshly added in the investment portfolio, investors might want to consider the resistance level and support level between $14.59 and $12.95, respectively. Right now, NEO is trading in the bullish cycle, attracting many other traders in the marathon.

If a similar trend continues for the whole year, NEO might touch down $20 by the end of 2019.

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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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