NEO was spotted reflecting heavy upsurge a few days ago. The rally took the price till $12.30 and broke the counter of 30-day high. However, the current market situation seems under a lot of selling pressure. The same is likely to be lifted soon. The upsurge in the NEO coin is anticipated to bring the much-awaited rally.
Yesterday, the NEO price started dealing at $11.82. The coin jumped to $12.15 by 2.74%. The price slipped to $11.79 by 2.96%. Further, the currency kept the downtrend intact and touched $11.08 by a steep fall of 6.01%. NEO price dropped again to $10.77 by 2.84% and then, the coin started improving and closed the day at $11.24 by 4.27% hike. The intraday movement in NEO reflected a downtrend of 4.98%. Today, the coin started with a downside movement. The counters changed from $11.24 to $11.04 by 1.74%. And at the time of writing, the NEO price improved to $11.15.
NEO/USD Price Chart
As per the current movement, the price might escalate to the immediate resistance level at $11.97. However, if NEO price slipped then the coin might find the next support around $10.69. The currency is recommended for long-term traders. The specified period would bring the desired result to the traders.