NEO coin has breached its previous resistance and touched $8.93 over the last 24 hours. It has made an overall gain of 5.18% in this period and shown three major price variations in the range between $8.49 and $9.03.
NEO was being traded at $8.49 at the starting of the day, and over the next 8 hours, it managed a hike of 3.09% that pushed the NEO price to $8.75. The next variation happened between 08:18 and 17:48 UTC, and over these nine and a half hours, the coin managed the growth of 2.46% value that pushed the price to $8.86.
The last variation happened between 18:26 and 02:02 UTC, and in these 7 hours and 36 minutes, NEO price got a hike of 2.87%, and it helped the coin to scale as high as $9.03.
NEO Price Prediction
The 20 days MA of NEO cryptocurrency stands at $8.94, whereas it’s 50 days MA roams around $8.96. The current price of NEO coin is now at $8.93, which is 0.33% and 0.11% less than the 50 days MA and 20 days MA, respectively.
As per the placement of both the shorter span averages above the current price, the currency may trade in a similar range for some time. However, Trade99’s analysts predict that NEO coin may trade towards its key resistance $9.16 soon as per the trend noticed.
| NEO | Resistance and Support Levels |
| 1st Resistance | $9.04 |
| 2nd Resistance | $9.16 |
| 3rd Resistance | $9.4 |
| 1st Support | $8.68 |
| 2nd Support | $8.44 |
| 3rd Support | $8.32 |
