Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- NEO is up 3.13% today against the US Dollar
- NEO is currently trading 8.31% below our prediction on Jun 22, 2023
- NEO dropped -16.83% in the last month and is down -13.22% since 1 year ago
| NEO price | $ 7.91 |
| NEO prediction |
$ 8.62 (9.21%) |
| Sentiment |
Bearish |
| Fear & Greed index |
47 (Neutral) |
| Key support levels | $ 7.69, $ 7.52, $ 7.41 |
| Key resistance levels | $ 7.97, $ 8.08, $ 8.26 |
NEO price is expected to rise by 9.21% in the next 5 days according to our NEO price prediction
NEO price today is trading at $ 7.91 after gaining 3.13% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 1.21% in the same time period. NEO performed poorly against BTC today and recorded a -0.84% loss against the world’s largest cryptocurrency.
According to our NEO price prediction, NEO is expected to reach a price of $ 8.62 by Jun 22, 2023. This would represent a 9.21% price increase for NEO in the next 5 days.
NEO Price Prediction Chart
What has been going on with NEO in the last 30 days
NEO has been displaying a negative trend recently, as the coin lost -16.83% in the last 30-days. The medium-term trend for NEO has been bearish, with NEO dropping by -37.46% in the last 3 months. The long-term picture for NEO has been negative, as NEO is currently displaying a -13.22% 1-year price change. On this day last year, NEO was trading at $ 9.11.
NEO reached its all-time high price on Jan 15, 2018, when the price of NEO peaked at $ 195.95. The current NEO cycle high is $ 138.87, while the cycle low is at $ 4.18. NEO has been displaying high volatility recently – the 1-month volatility of the coin is at 10.97. NEO recorded 15 green days in the last 30 days.
NEO technical analysis for today – Jun 17, 2023
The sentiment in the NEO markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 7.69, $ 7.52 and $ 7.41, while $ 7.97, $ 8.08 and $ 8.26 are the key resistance levels.
Bearish sentiment for NEO
12 indicators are currently signaling a bullish prediction for NEO, while 19 indicators are showing a bearish forecast. With 61% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for NEO.
Crypto market is currently experiencing Neutral
Currently, the Fear & Greed index is at 47 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
NEO moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how NEO is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 7.76 (BUY) | $ 7.86 (BUY) | – | – |
| MA5 | $ 7.79 (BUY) | $ 7.83 (BUY) | – | – |
| MA10 | $ 8.14 (SELL) | $ 8.08 (SELL) | – | – |
| MA21 | $ 9.30 (SELL) | $ 8.75 (SELL) | $ 10.45 (SELL) | $ 9.91 (SELL) |
| MA50 | $ 9.60 (SELL) | $ 9.57 (SELL) | $ 9.29 (SELL) | $ 11.46 (SELL) |
| MA100 | $ 10.76 (SELL) | $ 10.00 (SELL) | $ 19.48 (SELL) | $ 16.02 (SELL) |
| MA200 | $ 9.55 (SELL) | $ 10.15 (SELL) | $ 21.09 (SELL) | $ 19.84 (SELL) |
| Period | Value | Action |
| RSI (14) | 36.69 | BUY |
| Stoch RSI (14) | 16.21 | BUY |
| Stochastic Fast (14) | 21.06 | NEUTRAL |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 28.37 | BUY |
| Awesome Oscillator (5, 34) | -1.68 | NEUTRAL |
| Momentum (10) | -1.84 | NEUTRAL |
| MACD (12, 26) | -0.16 | NEUTRAL |
| Williams Percent Range (14) | -78.94 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 46.42 | NEUTRAL |
| VWMA (10) | 8.13 | SELL |
| Hull Moving Average (9) | 7.39 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 9.27 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for NEO is at 36.69, suggesting that NEO is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of NEO over the last 50 days. Currently, NEO is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the NEO closing price for the last 200 days. NEO is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this NEO prediction
After considering the above factors, we can conclude that the current forecast for NEO price prediction is Bearish. NEO would have to increase by 9.21% to hit our $ 8.62 target within the next five days. Moving forward, it will be important to monitor the NEO market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term NEO price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.