NEO News

Neo (NEO) Exhibits Moderate Movement Over the Last 24 Hours

The crypto market was under huge pressure from almost a week. Bitcoin climbed to $10,000, but the pullback pressure brought the price back to $9,600. The same has been observed in almost all the coins in the market. NEO is reflecting a hold over its momentum from yesterday. The price is hovering around $14 and is continuing with the same momentum. It looks like that the coin might experience a moderate day ahead.

NEO/USD Price Chart:

NEO Price NewsNEO coin reflected moderate fluctuations during the first few hours yesterday. The price counters hopped from $14.14 to $14.33 then again dropped to $13.94 and back to $14.37 level. At 06:30 UTC, the currency was at $13.96 and in the next hour, the coin recovered to $14.29. At 17:11 UTC, the NEO price dropped to $13.58 by almost 5%. After this loss, the coin marked recovery and touched $14.04 by 3.43% hike. Later, the NEO coin price again slipped and reached $13.50.

The volatility remained locked with the currency. NEO touched $14.09, and later it dropped to $13.73 by 18:00 UTC. Later, it breached a high of $14.22 before closing the day. NEO ended the day at $14.02. The intraday movement in the coin reflected a marginal regression.

Today, NEO started trading with a sharp downward move and fell to $13.72 by 2.10%. Then, it improved to $14.35 by 4.48% hike at 03:55 UTC. The coin couldn’t hold itself for long and was spotted dropping to $13.89. The coin again reflected improvement and is currently at $14.10. As per the current momentum, Neo coin might recover in the upcoming hours. The coin is quite near the immediate resistance level at $14.41.

Paul Jolin

Paul Jolin is an economist having experience in financial research. He joined CoinNewsSpan in 2017 and since then has been working with the team to offer best price analysis and review stories on the crypto space. He is optimistic about blockchain technology's use cases in terms of financial freedom. He also has experience as an independent trader.

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