The crypto market is dealing with the bears. The coins are speculated to embark on recovery in the coming days. For now, the downtrend would remain intact in the market. In the coming days, NEO might be booking astounding highs. There are positive anticipations about the coin. The investment in NEO wouldn’t go futile
NEO/USD Price Chart:
Yesterday, NEO began dealing at $11.95 at 00:02 UTC. The price escalated to $12.32 by 3.04% hike. Then, the coin price slipped to $12.1 in the next 25 minutes. Later, the NEO price started improving and touched $12.24 by 2.04%. The currency began dropping and touched $11.72 by 4.26% in the later hours. At 20:34 UTC, on February 04, the price was at $11.93. The closing hours brought the Neo price to $11.81 and then to $11.88. The intraday movement of the coin marked a marginal regression in the price.
Today, NEO opened the day with a slight escalation of 2.71%. The price counters moved from $11.88 to $12.20, and then, it slipped to $11.88 at 05:55 UTC. The coin kept hovering at the same level for a while. Further, the price dropped to $11.51 by 3.13%.
NEO cryptocurrency has violated the immediate support level at $11.68, and as per Trade99’s analysts, the coin is about to breach the next support level at $11.49. The possibility of violating the major support level at $11.19 by the end of the day.