- NEO shows a 4.3% increment over the last 24 hours.
- The next resistance for NEO is expected to come at 7.40 USD.
NEO seems to have started its recovery and over the last 24 hours, it has been up by 4.30%. The value has gone well above 7 USD points. The three price swings have been in the range between 7.31 USD and 6.87 USD.
NEO Price Analysis
NEO opened the day at around 6.97 USD and between 00:01 UTC and 04:47 UTC, it lost 1.45% to reach 6.87 USD, marking the lowest for the day. It was followed by a hike of 4.44% and it added 0.305149 USD to the value and placed it at 7.18 USD. After a few hours of volatility, NEO started showing signs of strength at 7.02 USD and it scaled as high as 7.31 USD by 01:48 UTC, today.
Over the past 7 days, NEO has shown huge fluctuations in the value against USD. The highest point in this week is 7.61 USD whereas it also went as low as 6.91 USD in the same period.
NEO’s 50-day and 20-day moving average is at 8.26 USD and 7.39 USD respectively. The current trading price is now at 7.27 USD and it is respectively 11.98% and 1.62% less than the 50-day and 20-day average. The next resistance for NEO may come at 7.40 USD.
Resistance and Support Levels
R1- $7.403, R2- $7.516, R3- $7.743
S1- $7.063, S2- $6.836, S3- $6.723