Price Analysis

Will NEO Price Get Out of the Bearish Clutch?

NEO price has undergone a lot of variations over the last 5 days, mostly below the baseline and has moved in the range of $8.69 – $9.34. The bears are still the deciding factor, hence a lot of volatility in the crypto market.

Current Statistics of NEO

As on September 10, 2019, at UTC 04:57, current statistics are as follows:

NEO Price
NEO Chart By TradingView
  • NEO coin is currently trading at $9.0854
  • Current market cap is around $645,729,137
  • 24-hour volume is at $251,037,815
  • ROI is at a high of 4,944.13%
  • Circulating supply is at 70,538,831 NEO

NEO to USD Price Comparison

NEO price has seen a lot of movements, mostly in the downward range over the past 5 days. On September 05, the price of NEO coin was at a low of $8.7608. In next 15 hours, the price had a considerable rally and the co9in reached at $9.3352 to the extent of 6.60%. With the bear trend in full strength, the price went down to $8.6918 on the same day to the tune of 6.83%. Due to high volatility in the market, NEO price again rose to $9.2774 in a span of a day to the tune of 6.80%. But on September 09, the price again had a fall at the rate of 4.99% at $8.8149. Today, the price is at $9.0854 which is hiked to the tune of 3.18%. The trend over the past five days indicates that, though the NEO price is trying hard to find stability, the bears are putting continual pressure and pushing the price in the lower range.

NEO Price Prediction:

NEO is also known as ‘Chinese Ethereum’ has been one of the most successful launch stories in the market. However, NEO has not been spared by the current bearish sentiment in the crypto market. The prices have been severely affected by the same. The trend is expected to continue for some more time, but analysts have faith in the future potential of NEO and expect the coin to get back to its winnings ways when the market shows some stability.

It is now the right time for long-term investors to invest as the price is low. Short-term investors can watch market trends and invest accordingly.

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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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