NEO Price Prediction: Coin Slight recovery is an Indication of bullish trend

Neo Price Prediction : The coin has shown a slight recovery and it seems that it will now go into the bullish zone as the price has bumped up and is now holding the mark of $8.97 USD, while showing the upward movement.

Neo Price

The price value of the neo coin at the time of writing is $8.97 USD and 0.00086860 BTC.

NEO Price Statistics

The market capitalization of the coin is holding the figure of $632,567,601 USD out of the whole crypto market cap.

24-hour volume of the token is $237,390,081 USD.

Out of the total supply of the coin that is 100,000,000 NEO, the circulating supply of NEO is 70,538,831 NEO.

Neo Price Prediction

The coin has corrected itself showing the uptrend. The price of the coin has been fluctuating in the last few days. On 12th Sep, the token was holding the mark of $8.91 but a few hours later, it went down at $8.76. And again, on the same day, it moved to an upward direction. The coin has now jumped from the mark of $8.92 to $8.97 on 13th Sep. On the basis of our analysis and keeping in view the recovery of the coin, it seems that the price of the coin now will be in an uptrend behavior.

Last 5-Day performance of the coin

The trend of the coin has shown bearish behavior. The price of the coin was standing at $9.37 on 9th Sep 2019. The value of the coin went down on its lowest trading point that is $8.67 on 10th Sep during these five days. After a little recovery, it again went down on this same mark on 11th Sep. With the fluctuation in price, the coin has got a mark of $9.03 on 12th Sep. The price decrease ratio of the coin during these days is -6.96%.

The 5-day price comparison chart of the coin is given below:

Conclusion

The bullish trend of the coin is likely to continue as the coin has started to flow in the upward direction. The coin soon will catch the attention of the market.

Davis Byrne

Davis Byrne got into cryptocurrency world since 2013. He contributes technical chart-based price updates and price analysis on world's leading digital currencies.

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