Price Analysis

The Upsurge in NEO Takes the Price to $9.2; Next Target $10

  • NEO price touches $9.2 with the uptrend intact.
  • It looks like price rally in NEO has started.

NEO has been dealing with high volatility in the last week. The power-packed week has given the coin the perfect momentum which can help NEO embark the price rally. The coin is dealing at $9.2 with a Market Cap of $649,649,432.

There is a high possibility for NEO to give flourishing result in the future. Alongside, the day looks prosperous for intraday trading. Let’s understand the momentum of the coin.

NEO to USD Price Comparison

The price counter was at $9.16 on yesterday at the beginning of the day. NEO price slipped to $9.09 by 0.77%. Then, it immediately jumped to $9.16 to the tune of 0.72%. Later on, it started slipping and touched low at $9.04. NEO closed the day with regression of 0.87% at $9.08. Today, it opened with an escalation. The progression marked was of 1.56%. NEO price switched from $9.08 to $9.22. The currency started dealing at $9.22 has tightly locked the price. As per the current trend and yesterday’s data, NEO may face resistance at $9.3.

NEO Price
NEO Chart By TradingView

Yesterday, the volume of NEO was dealing at 221,001,646 USD. Today, the 24-hour volume is at $218,824,937 USD. If we look at ROI, the counters reflect that it is at 4,983.96%. The circulating supply is at 70,538,831 NEO. The uptrend in NEO is suspected to last for quite some time.

NEO is likely to deal at $12 by the end of 2019. As per the current momentum, we would recommend opting for a long-term investment plan to book maximum return. We would also suggest the traders divide the investment in the crypto market to cut short the risk.

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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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