NEO Price Analysis: Will the Bears Make Way for Bulls For NEO?

Fibo Quantum

The bears had been putting pressure on the price of NEO like other altcoins for the whole of July. August seems to have been a little better for NEO though the bears are still holding ground as seen from the one-day price chart with the prices oscillating in the range of $9.20 – $9.83.

Current Statistics of NEO:

As on August 22, 2019, at 5:12:26 UTC, current statistics are as below:

  • NEO price is trading at $9.48555
  • The Market Cap is around $666,095,975
  • 24-hour volume is at $272,812,589
  • ROI is at 5,103.23%
  • Circulating Supply is at 70,538,831 NEO

NEO to USD Price Comparison:

NEO Price Prediction
NEO Price Chart by TradingView

NEO price has had a lot of variations as seen from the above price chart. The price was at a high of $9.830623. It came down to $9.205793 in a matter of 9 hours to the extent of 6.31%. Then it rallied to $9.473577 to the extent of 2.97% within 3 hours. In the next 7 hours, NEO price had fallen to $9.337657 to the extent of 1.43%. Now the price is at $9.48555, which is higher to the extent of 1.61%. This shows that the NEO price has been fluctuating in a narrow range.

NEO Price Prediction & Conclusion:

NEO with its potential could be the coin for the future though the price has been under bear pressure since last month. The past few days have given better returns for most altcoins, including NEO. Investors should think of investing from a long-term perspective. Short-term and intraday investors can invest cautiously.