NEO Price Analysis: The Month of JULY Seems to Bring Good Vibes for NEO/USD

NEO Coin NEO Coin
  • By July 2019 Beginning, NEO Price is Forecasted to Reach $34.40.
  • NEO Coin Might Drop to $20 by the End of 2019
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    O3 Labs, a user-friendly cryptocurrency light wallet, officially announced the “NEOD network,” which is an infra- like service that will offer a secure, reliable, quick, and measurable gateway to the network of NEO. This is surely going to attract the developers as they will be able to develop and build their products rather than just knowing everything about the technology.

    Such an announcement might increase the number of developers towards the NEOD network, which might affect the valuation of NEO Coin.

    NEO Price Analysis on 14th June 2019:

    AT 14:58:50 UTC time, the NEO coin price is trading at $12.89. On the basis of the graph, it can be predicted that the prices may decline up to a considerable extent by the end of the day. The remaining essentials are as follows:

    Return of Investment 7,012.46%
    Circulating Supply 70,538,831 NEO
    Total Supply 100,000,000 NEO
    Market Cap 910,509,022 USD
    24 Hour Volume 596,552,116 USD
    90 Day High / Low $14.83 USD / $8.39 USD

    NEO/USD 5 Day Price Chart By TradingView

    Neo Coin Price Chart - 14 June 2019
    NEO/USD 5 Day Chart

    NEO Coin Comparison:

    From the past 5 days, the value is for now is fluctuating above the baseline. The highest value was seen trading yesterday at $13.65, and the lowest was trading on 9th June at $11.25. The value has dropped by 4% and increased by 15% respectively.

    Considering the data from the past one month, the lowest was seen on 17th May when the value was trading at $10.56. The value is increased by 23% since then. The highest, on the other hand, was realized on 30th May with value trading at $14.80. The value has dropped by 11% since then. As for now, the fluctuation is still, on the bullish side.

    NEO Price Prediction and Conclusion:

    According to the price prediction for NEO, the coin might see resistance and support at $13.95 and $12.2, respectively. The trend is continuing with Bullish nature attracting many other users to die in the pool soon. By the beginning of July 2019, NEO Coin is forecasted to reach $34.40. But the NEO price might drop to $20 by the end of 2019. From this quoting NEO, coin to touch $50 by the end of 2019 doesn’t seem to happen as of now. To know such future prospects of the coin, do visit here our NEO prediction post.