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Price Analysis

Neo Records 17% Dip in Past 30 Days

  • NEO focuses on creating awareness among university students
  • $10 price mark remains the target for NEO

NEO has got the right strategy and amazing support of global investors. The firm is targeting university students to create awareness about NEO ecosystem, and this may boost the current adoption rate of this token by leaps and bounds. NEO can be expected to move past $10 by the month-end and it may start trading above it before the year-end.

NEO Price Analysis:

As on October 9, 2019, at 05:54:51 UTC, the trading price of NEO is noted to be $7.44, and it had recorded a dip of over 17% in the last 30 days when it was seen to be moving at around $9.06. The coin moved from $9 to $10.31 around mid-month but then came tumbling down to hit $6.68 mark. It has recovered a lot since then and is expected to trade around $8 mark by the end of this week.

NEO Price
NEO Chart By TradingView

NEO can be expected to move between the price range of $8 and $10 by the end of this month. The firm’s increasing focus on triggering the mass adoption of NEO may start reflecting on the coin’s performance also. This is a good time to plan long-term investments in the NEO for future benefits.

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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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