- 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 Neo coin price prediction and the current momentum, it might soon breach these moving averages.