Of all the cryptos today, NEO/USDT was able to see the most movement in its market. This crypto moved 7.44%, and this move made it the most profitable crypto today.
NEO price now: $10.56
NEO market cap: 751.4 million
Total supply of NEO: 100 million
NEO Rank: 61
Resistance: $10.10, $10.30, $10.56
Support: $10.50, $10.20, $10.00
NEO/USDT Value Prediction: NEO Looks Promising
NEO/USDT the daily chart reveals trading opportunities in this market. On the long term of a day trading chart, activity still depicts minimal upward price movement. This is announced by the GMMA: Guppy Multiple Moving, in which most of its lines intersect. This activity predicts that the NEO value will experience another upward push.
Moreover, the RSI: Relative Strength Indicator, seems to be plunging downwards but is already turning around while remaining in the overbought zone. Therefore, the behavior of the latter indicates that we should expect a larger upward movement in this market. Therefore, traders can expect prices to push further towards the $11 and $12.40 levels.
NEO/USDT Value Prediction: NEO Optimism with a Dash of Doubt
The 4-hour NEO/USDT chart remains promising, however, with an indication of doubt. Here we can see GMMAs rubbing against each other and bouncing in opposite directions. Although these lines remain below the price movement, if the fastest line were to cross above the price movement, the NEO value may fluctuate.
Nevertheless, the good side of things is revealed on the RSI indicator. Here we can see the curves of this indicator constantly increasing. Moreover, these lines have not reached very high levels: around 56% and 42%, which implies that there is more room for the price to rise.
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