NEO Price Analysis: NEO Intraday Chart Reflects a Moderate Fall; Future Prospects Indicate High Hopes

NEO is among the few cryptocurrencies in the market today, which is dealing with profit. The intraday traders are expected to close with a happy note. The prospects of the coin are bright, and the traders should cash the same.

To understand the momentum of the coin more deeply, let’s have a look at the neo price prediction chart.

Current Statistics of NEO:

The chart is taken from Trading View on 25^th August 2019, at 06:59:37 UTC for price analysis.

Yesterday, the coin opened at $9.93. The coin started moving up. However, there was a fall noted around 09:00 UTC. The price changed from $9.9 to $9.5. The regression marked was of 3.84%. Gradually, the coin started moving up. There was a major escalation in the coin at 20:38 UTC. The price jumped from $9.9 to $10.34. The progression was of 3.92%. The coin closed at $10.17. The intraday progression was of 2.33%. Today, the coin opened with a slight drop. The price counters changed from $10.17 to $9.97 by 1.96%. The rest of the day holds not much hope, but the coin is expected to close the day with a minimal loss.

Summary of NEO to USD:

• The current trading price of the coin is at $9.94.
• The coin is at the 20^th rank in the crypto market.
• The ROI (Return on Investment) is marked as 5376.93%.
• The market cap is noted as $701,134,765.
• The circulating supply of the coin is at 70,538,831 NEO.
• The 24hr volume is marked as $252,982,168.

NEO Price Prediction and Conclusion:

NEO has reflected a pretty impressive price movement in the past couple of days. There were some pull-backs, but the coin struggled and made it to the top. We are quite positive that the future with the coin would be a profitable deal.

The coin is anticipated to close the year around $20 USD. However, the anticipation is highly astronomical. We would suggest to dig in for a long period of time to register a colossal profit.