NEO Records a Moderate Fall of 3.87% Over the Last 24 Hours

NEO coin was seen giving colossal results in the first two quarters. The downtrend in the coin started in the third quarter. The same has left its effect on the price till now. However, there is still the possibility of improvement in the upcoming days. The coin has registered a moderate fall since the opening hour. Yesterday, NEO price was seen touching a high at $12.48 and a low at $12.10.

NEO Price Analysis

As indicated in the NEO price prediction chart, yesterday, the NEO coin started dealing at $12.40. The price fell in the later hours to $12.10 by 2.43%. Further, the price recovered in the later hours and touched $12.37. The progression marked was 2.25%. There another fall in the price that brought it down to $12.15 by 1.79%. The fall continued, and NEO coin touched $12.07. The regression marked was 0.67%. The intraday fall in the price was 2.66%. Today, the currency started the day with a heavy fall in the price. The counters changed from $12.07 to $11.91 by 1.33%. Thereafter, NEO is spotted, maintaining the level around $11.9.

NEO Price
NEO Chart By TradingView

The current price of NEO is at $11.92. The currency has already breached the immediate support level at $12.02. However, in the coming hours, the NEO price might recover and maintain its level around $12. NEO is anticipated to give flourishing results in the future. The currency is suggested for long-term investment. The same would give the desired return to the traders.

Resistance Level Price
R1 $12.4
R2 $12.63
R3 $12.78
Support Level Price
S1 $12.02
S2 $11.87
S3 $11.64

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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