Price Analysis

NEO Records 6.91% Fall; May Seek the Support of $10.72 Soon

NEO coin has failed to put a full stop on its struggle; rather, it advanced itself on the slope over the last 24 hours. With three price variations in the range between 12.073 USD and 10.92 USD, it has lost 6.91% in total.

NEO Price Prediction

NEO opened the day at 12.073 USD, and in the initial 12 hours and 7 minutes, it lost as high as 4.39% value to touch 11.543 USD after losing 0.53 USD. The second variation started at 14:21 UTC, and it lost 6.72% value by 18:33 UTC to touch 10.926 USD, the lowest for the day.  It was followed by a marginal hike of 2.82% that added 0.307955 USD to the value and made NEO price to touch 11.234 USD.

NEO Price
NEO Chart By TradingView

The market cap, on the other hand, has shown a decent rise in these hours. On November 18, it was at 810.097 million USD, and over the last 24 hours, it reached as high as 813.24 million USD.

NEO’s 20 days average and 50 days average stand at 11.2197 USD and 11.2237 USD, respectively. The current price of NEO at 11.2386 is 0.16% and 0.13% more than the 20 days and 50 days moving averages, respectively. It shows that the recent past of the NEO coin has not been as expected. It may fall to the support of 10.72 USD soon.

NEOResistance and Support Levels
1st Resistance$12.02
2nd Resistance$12.56
3rd Resistance$12.94
1st Support$11.1
2nd Support$10.72
3rd Support$10.18
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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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