NEO News

Will NEO Manage to Recover from the Strong Bear Grip?

NEO price trend was bearish as on December 13, 2019, with the price being $8.65. It quickly rose to $9.06 with a sharp rise. NEO price dropped to $8.83, but soon after, it managed to rise to $9.15 with a 3.58% hike. The coin was constant at $8.65 on December 14 as well as December 15. Almost 3% growth was seen with the price reaching $8.98. There was a sharp decline yesterday due to which the trend has changed as NEO reached $8.28.

NEO Price News

NEO Price Forecast

NEO is showing a downward movement by 5.74% as compared to the price of yesterday. It may be able to gain some efficiency and can reach $8.65 by tomorrow. At the start of the coming week, the coin may reach around its next resistance of $9.09.

NEO’s movement indicates that you can purchase new coins as of now. As per the MACD indicator, the MACD line reflects the attempt that the coin is making to move upwards. The currency was able to maintain the bullish stand from December 13, 2019, until yesterday. With a very sharp drop yesterday, the coin lost its focus. However, it will shortly get back its bullish stand and may rise upwards.

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