NEO coin was traded at $18.09 on July 2, 2019, with an upward trend but soon after, due to several sharp price drops, it dipped down by 45%. From $9.94, the coin managed to rise upwards to $13.70 on July 20, 2019. Then, the currency faced a price drop and reached $10.95 on July 24, 2019, but soon it started to rise upwards. On August 5, 2019, the currency started to drop and record 25% regression with the price reaching $9.34 from $12.51. From the first week of August since this drop, the movement was a bearish one until about the end of October 2019.
In October month, there was a massive escalation shown by NEO with a rise of 90.48%, and the price reached $12.86. Then on November 14, 2019, it once again reached $13.23 which was a temporary phase as NEO price couldn’t sustain at this level.
NEO price comparison since November 14, 2019, shows a drop of 30% as on date. However, as per the present trend, it is likely to trade upwards and reach near $9.39 soon.
As per Trade99’s analysts’ recommendation, it is advisable to purchase new coins and retain the same for the long-term. The past six months’ performance of NEO coin has been a mixed one but bearish dominance more prevalent.