Cryptocurrency News

NEO price down by 2.48% as per intraday; Will it fall further?

NEO started off the day yesterday with the price being $10.69. It reached the highest price of $10.71 and lowest for the day was $10.27. The coin finally closed at a price of $10.49 yesterday. The overall movement of the coin saw several sharp rises and falls, and the movement was quite haphazard. While writing this analysis, the coin was reflecting a downward trend.

NEO/USD Chart:

NEO/USD Chart:

NEO Price Analysis:

If we compare the price of NEO since yesterday’s highest value, which was $10.71 and the present price, NEO reflects a bearish run by 3%, which is not bad. NEO may be traded close to $10.35 by the end of the day tomorrow if it is able to bounce back and maintain its performance.

You may wait for a couple of days before you wish to purchase new coins. If you can retain the new coins for a long period, it will provide very good returns. Trading in the coin from short-term vision may not be that effective as NEO has huge potential, and it can prove to be one of the best investment options in the long run.

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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