Price Analysis

NEO Price Crosses $9 After a 1.70% Hike in One Day

  • NEO has shown a decent gain over the last 24 hours after days of sluggish movements
  • It needs to sustain the trajectory in order to deliver decent returns

As most coins in the market have started growing, NEO also initiated its power exhibition. With three major price shifts in the range between 8.33 USD and 9.54 USD, the coin has been up by 1.70% over the last 24 hours. There has been a decent rise in the market cap as well.

NEO Price Prediction

NEO coin opened the day at 8.9923 USD and over the next five and a half hours, it lost 7.29% to lose 0.655 USD and got placed at 8.3363 USD. It was followed by a 14.49% hike that added 1.20 USD in the value and pushed it to 9.5442 USD by 16:08 UTC. At 16:08 UTC, NEO started to weaken, and in the next 8 and a half hours, it went on losing 0.53 USD and got placed at 9.0086 USD.

NEO Coin Price
NEO Price Chart By TradingView

Yesterday, the market cap of NEO was at 644.27 million USD, and it has been increased by a decent range over the last 24 hours, and the current market cap now stands at 648.040 million USD.

NEO’s 20 days MA stands at 9.1769 USD, and it’s 50 days MA stands at 9.1763 USD, and the current price of NEO coin is at 9.145221 USD that is 0.34% and 0.33% less than the 20 days and 50 days moving averages, respectively. NEO’s next halt is likely to come at 9.62 USD as its next resistance.

NEOResistance and Support Levels
1st Resistance$9.6233
2nd Resistance$10.116
3rd Resistance$10.723
1st Support$8.5233
2nd Support$7.9166
3rd Support$7.4233
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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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