NEO Price Shoots Up in a Month with More than 80% Gains

  • NEO price has shown a major and sharp price surge before closing the previous month
  • NEO has maintained its price range above $10 since the start of this month
  • The coin seems to be consolidating since a bit long now as after the surge it shows flattish momentum

NEO price has taken a giant leap over the last 30 days. The coin, which was trading around $7 a month ago, is steadily above $10 at present. Despite the recent volatile phase in the crypto market, the currency has not disappointed its investors.

NEO Price Prediction

The movement had been ranging between $7.1 to $7.5 till October 25, when it touched the bottom near $6.87. Seeing a support level there, it jumped sharply with a more than 82% hike. With this surge, NEO traced a close at $12.51 before pulling back to $11.20. Since then, the coin has not crossed $12; however, it has not slipped below $10 also. At 09:30:22 UTC, NEO is trading at $10.58.

NEO Price Chart by TradingView

The long-term SMA line of NEO is below the short-term SMA line noting a bullish momentum. To know more future of this coin, you can check out our NEO price prediction 2025 section. However, RSI and MACD indicators do not indicate the same. MACD is tracing a bearish crossover at the moment while RSI is approaching the over-sold phase.

NEO price is likely to see resistance at $11.34, $11.63, and $11.98 while it can meet support levels at $10.7, $10.35 and $10.06.

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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