- NEO continues to struggle and the recent 2.95% decline has pushed the price at $9.0
NEO’s last 24 hours price chart shows multiple pullbacks, and with three major price variations, it has made an overall loss of 2.95% value. The current price has now fallen to $9 from $9.3. Despite the strong bearish hold, Neo coin managed to hold its price level around $9.
NEO Price Prediction:
The NEO price was being traded at $9.2795 at the beginning of the day, and after losing 4.32%, the coin got placed at $8.8787 by 08:41 UTC. However, the coin managed to gather momentum and registered a 3.27% hike that added $0.29018 and pushed the Neo price to $9.1690 in the next 4 hours. Then, again it faced rejection and marked a decline that cost a whopping 3.73%, and the price touched the lowest point of the day at $8.8267.
After this fall, NEO coin reflected moderate upside momentum amidst bearish outlook. The currency managed to cross $9 mark today over the six hours, but again faced slight plunge and at the time of writing this analysis, Neo price spotted at $9.
If we look at the technicals, the 20 days MA stands at $9.010, and the 50 days MA is now at $9.012. Both the averages are trending above the current price of NEO. The currency holds bearish influence but as per the current momentum, it might soon breach these moving averages.