NEO seems to have followed most of its peers and fetched a bullish run on the last day. The value has been up by 6.09% in this period, and at the time of writing, it was trading at $12.107. NEO may keep running towards $15 with the ongoing bullish impact.
The currency opened the day at $11.411 and over the initial 3 hours; its value dropped by 1.85% and got pulled down to $11.200, the lowest for the day. It was followed by a price increment over the next three and a half hours to the extent of 11.79% that added $1.32 and placed it at $12.52, the top point for NEO. Later, it started weakening. Between 06:38 & 00:05 UTC today, the currency traded from $12.521 to $11.925 by 4.73% drop in the value.
NEO/USD Price Chart
NEO’s current value at $12.107 is 0.35% less than its 50 days MA ($12.15) and 0.15% more than its 20 days MA ($12.088). NEO is likely to continue the bullish trend in the short-term. It may touch the next resistance point at $12.61. There may be a marginal degree of price volatility on the intraday level.
Resistance and Support Levels
R1: $12.61, R2: $13.16 and R3: $13.84
S1: $11.38, S2: $10.70 and S3: $10.15