NEO News

NOE Devalues by 6% in the Past 5 Days

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NEO has been working rigorously on their visibility. It can be confirmed by the continuous speech and visible sessions given by NEO team discussing about the approach of the network in the Delta Summit 2019 in Malta. The focus is now reaping and discussing about the impact of NEO towards smart economy. This might help develop better trust and faith in the investors and crypto followers.

NEO to USD Price Analysis:

NEO at the time of writing was trading at $7.16 at 07:28 UTC as on October 7, 2019.

NEO Price Chart

Yesterday, NEO was initially seen trading at $7.4096 around 00:1 UTC which led to a devaluation of 3.40% when the value was seen trading at $7.157. A slight increase in the value by 2.45% was then realized at 16:57 UTC, when NEO was trading at $7.33.

The value then dropped of 4.79% to the lowest touch point of $6.97 at 18:40 UTC. From then, the value is escalated by 2.69% as of now. NEO is recently seen fluctuating in the strong bearish zone below the baseline.

To avoid from further losses in this volatile market, the resistance and support levels are calculated as follows:

Resistance Levels:

R1: $7.38, R2: $7.52, R3: $7.63

Support Levels:

S1: $7.13, S2: $7.02, S3: $6.88

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