NEO News

NEO Devalues by 10% in the Past 24 Hours

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NEO recently launched public NeoFStestnet along with the video demo as to how to deploy the same. NEO is agile about the development and engineering about their network. Well, let’s hope that it improves the credibility of the network too.

NEO to USD Price Analysis:

NEO is currently trading at $7.23 at 07:10 UTC as on October 4, 2019.

NEO Price Chart

Analyzing the 24-hour movement of NEO we see that the coin was initially seen trading at $7.676. The value from then dropped by 6.54% at 14:47 UTC, trading at $7.171. Showing some positive signs, the price then escalated by 3.03% at 23:39 UTC, trading at $7.388.

Today, the coin started the trading duration with a drop of 2.73% at 04:40 UTC, trading at $7.186, which is slightly increased by 0.69% as of now.

NEO is trading in the strong bearish zone, considering the last 30 days statistics. Considering the short-term NEO seems to slide down even further]

As per the prediction: the value of NEO might fall with noticeable dips just before rising again. The calculated resistance and support levels are as follows:

Resistance Levels:

R1: $7.6, R2: $7.85, R3: $8.02

Support Levels:

S1: $7.18, S2: $7.01, S3: $6.76

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