NEO News

NEO Exhibits Almost 5% Hike Since the Last Week

NEO price comparison over the past five days indicates that the coin is trading with upside momentum as of now. It was valued at $7.15 on October 17, 2019, post which the price began to rise. Due to a sharp rise, it was being traded at $7.32 the next day. Post the rise, the NEO coin price began to drop, and there was a drop of 3.58% on October 20, 2019. Since this date, NEO has gained some efficiency and started an upward movement. Today, it managed to reach the highest trading price of $7.53 and continues to maintain an uptrend.

NEO Price PredictionNEO Price Prediction:

Today, NEO is indicating an uptrend by 3.42% as compared to the price drop of yesterday. We anticipate that the same movement may continue, and it may find next resistance around $7.6.

As per the present trend of NEO coin, we suggest buying new coins to get a considerable return in the near-term. Chaikin Money Flow indicator also reflects the bullish trend for the coin. It is suggested to trade from a long-term vision as NEO price can reach as high as its major resistance $7.74 by the time the year ends. To avoid losses, traders should consider following resistance and support levels:

R1: $7.52, R2: $7.6 and R3: $7.74

S1: $7.3, S2: $7.16 and S3: $7.08

Thomas Gillard

Thomas is news editor at CoinNewsSpan. He has worked as a sub editor for leading newspapers and magazines. He is responsible for streamlining the news that would go live on the site. He single handedly executes different editorial decisions that are taken from time to time. His primary focus areas include Ethereum and Ripple and crypto mining.

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