Price Analysis

NEO Records Marginal Drop Since Yesterday

NEO coin has been increasingly focusing on bringing new partners on board. The benefits are two-fold. The coin price may increase exponentially in the coming months due to increase in popularity. NEO may have been going through a slow phase from past two months.

As on September 29, 2019, at 02:58:58 UTC, NEO price is noted to be $7.2696, and it has recorded a dip of over 0.8% in last one day dipping from $7.3201 to its current price. NEO was seen to be climbing up at the beginning of the day yesterday and reached to $7.50, but then, it started falling suddenly and hit as low as $7.1362. It again started going up and reached at $7.4645 but mostly trading around $7.30 mark.

NEO to USD Price Chart

neo price prediction
NEO/USD Chart by TradingView

NEO Price Prediction

The lowest recorded price of NEO in the last seven days was $6.83, and the highest price was $9.27. The coin can be expected to move within the range of these two values in the coming days.

NEO was observed to be trading at $8.83 at the beginning of this month, but it may close this month on a lower note. NEO may surge up to $10 in the next month and may start trading above it as well. The highest value of the coin in the last 30 days was $10.34, and it may move past this value as well. This is a good time to plan long-term investments in the NEO coin for future benefits.

For the short-term gains, traders should consider the following calculated support and resistance levels for safer trade:

R1- $7.54, R2- $7.71 and R3- $7.85

S1- $7.23, S2- $7.09 and S3- $6.92

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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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