- The NEO coin price is neutral, around 0.8% during intraday.
- The 24-hour trading volume is at $458 million.
- NEO/BTC pair is trading negative by -1.8% at 0.00086838 BTC.
The daily technical chart and price trend of NEO coin show a bullish trend. Based on the pivot point, the first support zone is 27.50 USDT. Another way to watch it is that if it rushes, the resistance level to look at is 58.50 USDT. Therefore, the chart created a bearish harami candlestick pattern during the day, and the cost is confident that it will remain downside with unwavering medium strength.
The Exponential Moving Average (EMA) band, consisting of various EMA’s, strongly supports currency price fluctuations. Investors may find that cost failed to break over the red ribbon. This guarantees a fall in NEO until it is below the ribbon.
Trading volume (403.484 K) is close to the 20-day moving average (580.24 K). The volume is high, and the price failed to break above the pivot point. Investors may also see the volume bar on the chart tilted. This indicates that anomalous instability is common on subsequent trading days.
The Schaff Trend Cycle indicator (bullish) with a 98.44 represents a buy signal in the coin, projecting an uptrend. Additionally, Investors can see a green buy signal and an upward slope in the index.
Long-Term Perspective of The Price of NEO Coin
The weekly technical chart and price trend of NEO coin show a bullish trend. Based on the Fibonacci retracement levels, the support zone is 24.55 USDT. From another perspective, if it rushes upwards, the resistance level to look for is 115 USDT. Moreover, the graph shows the Heiken Ashi candles, representing a substantial upside potential in the asset’s price action.
The price of NEO is $ 44.70 today, and the 24-hour trading volume is $ 458,447,211. NEO prices have risen 0.8% in the last 24 hours. It has a circulation of 71 million NEO coins and a total of 100 million. The STC points to a selling signal, and the traders have prompted high volume. In fact, the cost is struggling below the pivot levels. Similarly, the general outlook for the market is that the pattern will remain bearish over the following trading days.
Resistance Level: $58.50 & $115
Support Level: $27.50 & $24.55