Since the fall in prices on 15-July-19, the coin was slowly moving at the same pace. On 16-July-19 the coin witnessed two sharp falls post which prices continuously dropped and fell to the level of $9.67 on 17-July-19. NEO managed to turn around the bearish run and once again it started to move in an upward manner. Despite the fall the next day wherein the coin touched $10.66 it is still stable and now seems to be rising upwards. We anticipate that NEO will continue with the same trend tomorrow as well.

Let us have a look at the price comparison:

Current Data of NEO:

  • Ranking of NEO maintained at number 17.
  • Market value of NEO was $873,642,922 at 09:44 UTC time.
  • NEO is valued at $12.38 as per 09:50 UTC.
  • 24-hour volume figures are $584,116,202 
  • 70,538,831 NEO coins are in circulation.
  • ROI of the coin stands at 6,720.09%.

NEO Price Comparison and Future Forecast:

As compared to the fall of yesterday wherein the prices fell to $10.66 as per 14:20 UTC and today, the coin reflects an upward trend by 16%.

NEO will continue with the bullish run and will reach $13 by the end of the day tomorrow. After a period of six months, the coin will still be continuing with the same momentum and is expected to reach $14.84 with an increase of almost 20%.

Conclusion:

Advisable to sell the existing NEO coins today. You may also purchase new coins and retain the same for at least 3 and more years will prove to be a profitable investment. The MACD indicator also indicates that the coin is slowly gaining back its momentum and may rise upwards in the coming days to come. The coin has been overbought and oversold yesterday but today seems to be on the neutral side. If the coin continues to rise upwards, the next major resistance level can be seen at $15.15 and $16.93.

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.