Cryptocurrency News

NEO rise by 3.63%; Can it maintain the same momentum?

NEO was dominated by the bears at the beginning of yesterday. It was priced at $9.67, slowly it began to gain its momentum and started to rise upwards. NEO reached the lowest value of $9.57 and reached a high of $10.67 yesterday before being closed at $9.88. Today the NEO price saw a fall between 10:30 UTC to 12:30 UTC time, post which the coin has started to rise upwards.

NEO price analysis

NEO Price Chart

If we compare the NEO prices, since its highest intraday price, which was $10.06 yesterday and the present price, NEO indicates a bearish run by 1.51%, which can be considered as negligible.

We anticipate that the price of the NEO coin may fall marginally as per the movement noticed, and it may reach close to $9.89 by the end of the day tomorrow.

As per today’s trend, it is recommended to sell the existing NEO coins. You may wish to wait for a couple of days, post which you can also go ahead and invest your money in purchasing the new coins. As per the current NEO price trend, you can also trade on a short-term basis as it may offer you considerable profits.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button