NEO has followed the market trend and made a loss of 1.40% over the last 24 hours. The whole price trend can be divided into three major price shifts in the range between 8.70 USD and 8.44 USD. It currently trades at 8.58 USD.
NEO Price Prediction
NEO opened the day at 8.7031 USD, and over the next nine hours, it lost 1.14% and got placed at 8.6035 USD. After a few hours of volatility, the coin again started weakening and between 11:17 and 18:03 UTC, it faced a fall of 3.05% that cost it 0.2656 USD and pushed the NEO price to the lowest of the day at 8.4442 USD. At 18:03 UTC, the price started gaining and managed to add 0.171572 USD by 01:54 UTC and NEO scaled the value to as high as 8.6159 USD.
NEO’s 20 days MA stands at 9.15 USD, and it’s 50 days MA is now at 10.21 USD. The current price of NEO coin at 8.580524 USD is 15.95% and 6.22% less than the 50 days and 20 days moving averages, respectively. The placement of the current price much below the averages shows that NEO may not witness an abrupt hike in the next few days.
|NEO||Resistance and Support Levels|