NEO News

NEO Slides Below the Baseline; Trades Around $7

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NEO price comparison over the past six days indicates the bullish trend today. It was trading around $7.15 on October 18, 2019, manifesting a bearish move. On October 20, 2019, it was trading at $7.06 post, which the coin picked its pace and started to rise upwards. There was a rise of 4.53% on October 21, 2019, when NEO was being traded at $7.48. The coin was maintaining the uptrend until yesterday when it witnessed two falls, and the price reached as low as $6.75. However, the present movement of NEO indicates that it will rise upwards before the weekend sets in.

NEO Price Analysis:

NEO Price

NEO is indicating a bullish run by 4% when compared to yesterday’s price. The same trend is expected to continue in the upcoming days as the current momentum seems to take the price above the baseline soon.

Today, NEO is expected to be traded in the range of $6.78 and $7.02. As per today’s movement, we suggest to either invest or go short as per investor’s own discretion.  The CMF indicator also confirms the uptrend for the coin. NEO has great potential and has the ability to record a good height in the long-term.

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