NEO next Target is $13 as 10% Change is Seen in 24-hours

The NEO is currently standing at $12.29 with 10.93% change in the past 24-hours and breaking the pace of the week. The coin has given its unimaginable output as the value surged by 64% in the past 30-days. The coin is making a profitable movement and is the only cryptocurrency in the top 20 that is showing such a great move.

The trend line of the NEO coin is waving above the 20-days moving average and today’s surge is giving a signal of the rally on the part of the coin. When all other cryptocurrencies are passive but the NEO is active in the crypto markets; so, we can say it is a good start that might be followed by a rally.

NEO Price

The current price of Neo token at the time of writing is $12.29 with 10.93% change in the past 24-hours.

NEO Market Statistics

The total market capitalization of token which is done to the date is $851,767,586 USD. The total traded volume of the Neo in 24-hours is standing at $619,894,618 USD. There are almost 70,538,831 NEO tokens that are circulating in the markets out of total 100,000,000.

NEO Price Comparison

The monthly data of the token display a good achievement and the value jumped from $7.43 to $12.29.The monthly performance is extraordinary and the value increased by 64%- the record change in the price. But the weekly scenario is somewhat passive and the price remained the same.

NEO Price Prediction

The strong resistance which can hinder the path of NEO is the current position at $12.If the trend line is able to break the current level then it will definitely show a big rally. The support level at $11.30 which pumped the trend line to the current position can also become a strong support level in the future if the value goes down to $11.

Conclusion

Currently, the position of the coin is in a good state and marching at a good pace by accumulating green candles. If the current resistance level overcomes by the Neo then it will show a good rally in the future and the price may go to $13.

 

Leah Hutton

Leah Hutton has recently joined Tokenhell team as a freelance writer. She has comprehensive knowledge of blockchain and various cryptocurrencies.

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