Technical Analysis

NEO Price Analysis: NEO Price Continues to dominate stands at $17.52, Will It Turnaround The Tables?

NEO has shown bullish trends in the past, and the same trend was expected to continue. However, since 4th July at about 22:50 UTC, the price of the coin began to fall. It did manage to recover from this downfall and prices rose for a short time before it began to fall again. From 6-July-19 till 8-July-19, the movement of the coin has been bearish, and over the past 5 days, it has failed to gather some momentum. We predict that NEO will continue with the same pattern for a couple of weeks more.

Let us have a look at the NEO to USD Price Comparison:

Current Statistics of NEO coin:

  • As per 9:34 UTC today, the market cap of the coin was 1,242,909,101 USD.
  • Price of the coin is $17.52 as per 9:50 UTC.
  • 24-hour volume figures are $484,309,944.
  • 70,538,831coins are at present in circulation.
  • ROI is more than 9000%.

NEO Price Prediction:

On 7-July-19 NEO was trading at $16.59 on 15:45 UTC and as per today’s price, it stands at $17.52. Over the past 2 days, the coin is currently depicting a growth of around 5%. However, we still believe that the prices may remain in the range of $17.55 and $17.77 over the next month without any major change in the trend. After a period of six months, NEO will prove back its potential and may reach $19.


The coin can be traded today in the range of $17.17 and $17.99. We strongly recommend investing your money to purchase new coins now and sustain the same for a minimum of 5 and more years as it will yield very good returns. The coin might even fall to the support level of $16.60 and $16.24 post, which it will begin to gain back the resistance of 18.12 and 18.60. NEO’s best is yet to come, and it will prove to be a good investment shortly once it manages to bounce back.

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Kevin Sullivan
Kevin Sullivan was an finance professor at a well reputed firm. He loves analysing charts and interpret data in charts. He works as a finance news writer in our team.

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