NEO Price Rallies 5% During Intraday Trading

The crypto market is dealing with the bullish trend. NEO coin is drawing a large benefit out of it. The coin is currently rallying, and the price is $9.45. The movement is advancing towards the intraday high. The improvement in the coin has turned out to be such a big relief for the traders. The last couple of days were disappointing as the coin was floating at the lower levels. Yesterday, the NEO coin was spotted dealing at a low of $8.86 and a high at $9.69. The volume marked by the currency was $410,238,361.

NEO Price Analysis

Yesterday, the coin started dealing at $9.32. The price slipped to $9.09 by 2.47% fall. Further, the price of NEO dropped to $8.79. The regression marked was 3.35%. The price escalated in the later hours and touched $9.77 by 11.17%. The closing hours took the coin to $9.5 by 2.63%. The intraday movement in the NEO price reflected the progression of 1.89%. Today, the coin started with a slight fall. The counters switched from $9.51 to $9.39 by 1.30%. Further, the coin escalated to $9.64 by 2.46%. The currency touched $9.45.

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NEO Price
NEO Chart By TradingView

NEO is presently dealing at $9.45. The coin is anticipated to move towards the immediate resistance level at $9.83. The same might be violated in some hours. If the momentum reverses, then the coin would find support around $9.

Resistance Level Price
R1 $9.83
R2 $10.18
R3 $10.66
Support Level Price
S1 $9
S2 $8.52
S3 $8.17

NEO price has reflected stable momentum in the past. The currency is recommended for long-term traders. The short-term investment wouldn’t give the desired result to the investors.

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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