- The investment in NEO is likely to give a massive dividend in the future.
- The uptrend in the coin spikes hopes for an early price rally.
NEO embarked an uptrend in yesterday’s chart, which is still intact. The currency was seen struggling during the day, but we believe that it would mark a considerable profit by the day end.
If we look at yesterday’s price counter, NEO opened at 8.84 USD and closed at 9.04 USD. The currency touched a high at 9.06 USD and a low at 8.78 USD. Now, let’s understand the price momentum with the help of the price graph.
NEO Price Analysis & Prediction
Looking at the price trend of NEO, we can observe an upward trend in the coin. NEO started yesterday with a downfall. The price fell from $8.8 to $8.7 by 1.43%. Further, the coin improved with $9. The inclination marked was of 3.48%. The currency continued the uptrend and reached $9.06 from $8.90 by 1.74%. The token closed at the same level with an intraday progression of 1.92%. Today, NEO is experiencing a small pullback in price. It fell from $9 to $8.9 by 1.38%.
NEO is currently dealing with the bulls. The coin has a high possibility of giving a positive return on the investment. For now, digging in NEO wouldn’t be futile.
The coin is best recommended for short term traders. The same is likely to give considerable dividends in the future.