NEO price movement was spotted improvement in the last couple of days. The traders were happy with the growth. Well, the heavy upsurge invited the selling pressure in the market. The intraday movement in the currency looks quite dull. There might be some marginal loss by the end of the day. However, we are anticipating that the pressure would lift soon.
NEO/USD Price Chart:
Yesterday, the NEO coin started dealing at $11.40. Within the first few hours, the price dropped to $11.22 by 1.66%. Further, the coin price escalated to $11.68 by 4.07% at 08:22 UTC. NEO couldn’t hold this price level for long and dropped to $11.24 in the next five hours. The currency crawled up to $11.43 at 15:00 UTC by 1.64%. The coin dropped to $11.21 in the further hours and again recovered to $11.40.
The closing hour of the day brought the NEO price to $11.19 by a moderate fall of 1.83%. Today, the opening hours were reflecting a massive fall. The price dropped to $10.78 within the first hour. The coin started improving in the later hours. The price touched $11.20 by 4.06% hike at 07:37 UTC.
As per the MACD indicator, the signal line has recently intersected the MACD line. The lines seem to move moderately down before trading upwards again. The improvement in the coin might take place in a while.
R1: $11.54, R2: $11.84 and R3: $11.98
S1: $11.1 S2: $10.96 and S3: $10.66