Neo did not start off that well as per the period of our analysis. It was as low as $10.81 on 24-July-19 at 04:20 UTC time. There were several sharp rises over the next day and the coin managed to reach up to $12.40 on 25-July-19 at 12:55 UTC time. The next major drastic fall for the coin was on 27-July-19 when it fell to the level of $11.13 at 10:25 UTC time. Post 27-July-19 it seemed to be that the coin was moving at a stable pace, however it saw a sharp fall again yesterday when the prices reached $10.61 at 22:30 UTC time. Since yesterday, it seems that the coin has managed to come back in the game and is slowly rising upwards. We anticipate that NEO will continue with the bullish run tomorrow as well.

Let us observe the performance of the coin since 24-July-19:

Current Data of NEO:

  • NEO is ranked at number 16 as per today’s data.
  • Market value of NEO was $791,711,939 at 09:34 UTC time.
  • Price of the coin is $11.15 at 09:50 UTC time.
  • 24-hour volume figures are $270,129,197
  • 70,538,831 NEO coins continue to be the same since many weeks.
  • ROI of the coin stands at 6,037.16%.

NEO Price Comparison and Future Predictions:

Comparing the price of NEO since the lowest value of $10.61 and today, the coin at present is indicating a bullish trend by 5%.

Experts believe that NEO may reach $11.23 by tomorrow. After about a period of 7 days or so, it may continue to rise further and can touch $11.63. By the end of 2019, NEO has all the potential to beat its previous best and can reach as high as $12.92.

Conclusion:

It is suggested to sell the NEO coins today. You may also purchase the new coins after a few days’ time and advisable to retain the same for at least 2 and more years. The kind of haphazard movement that the coin has shown over the past 5 days, it is not recommended to trade on the coin with a short term purpose. By the year 2021, NEO can touch even greater heights and can go as high as $15. If NEO continues to rise upwards, the next major resistance levels for the coin may be seen at $12.08 and $12.63 respectively.

Published by Cami Williams

Cami Williams is a leading news journalist and is working with tronnews.world for 5 years. She has a keen knowledge of various types of cryptocurrencies and the benefits of cryptocurrency exchanges. She likes to read investigating novels in her free time.