NEO started off at the level of $12.40 on 25-July-19 at about 13:00 UTC time. It started to decline post the said date with marginal rise in the price over the next day. There was a very sharp fall on 27-July-19 with NEO prices falling as low as $11.14 at 10:25 UTC time. Till the next day the prices were moving at a gradual pace before it saw a steep fall again at 22:25 UTC on 28-July-19 with prices reaching $10.62. Despite the fall, NEO has managed to bounce back quite well.Since past 2 days, NEO seems to have gathered back its efficiency and at the time of rising this analysis, it is slowly reflecting a rise in the prices.

Let us observe the performance of the coin since past 25-July-19:

Current Data of NEO:

  • Ranking of the coin is at number 16.
  • Market value of NEO was $782,160,673 at 05:34 UTC time.
  • Price of the coin is $11.08 at 06:00 UTC time.
  • 24-hour volume figures are $226,378,865
  • 70,538,831 NEO coins are being traded.
  • ROI of the coin stands at 6,023.55%.

NEO Price Comparison and Future Predictions:

If we analyse the price of the coin since its lowest value of $10.62 of 28-July-19 and the present price, NEO is reflecting a bullish trend by 4%.

We anticipate that NEO will slowly continue to show an upward trend and can reach $11.21 by tomorrow. By the next month, the coin can reach up to $11.47.

Conclusion:

We suggest to sell the NEO coins today as per the present trend of the coin. It if profitable to invest in the NEO coins from the long-term basis. Short term trading may not be that fruitful as it is expected to provide very good returns of more than 16% after the end of this year. NEO has great potential in the coming times and will prove to be a boon to the investors.

Published by Donald Moore

Donald Moore is a tech analyst and also expertise in altcoins. He has detailed knowledge about cryptocurrencies and specializes in altcoin exchange. Besides his technical work, he loves to read novels and explore new things.