NEO Price Prediction Today: Daily (NEO) Value Forecast – July 30


  • Since July 27, when the NEO/USD market lowered to the lower range point at the $11, price has to flutter around it until the present.
  • The present oversold trading condition of the NEO/USD market may not easily lead into a consolidation move for the bears to prevail over the bulls at the $11 lower range spot.

NEO/USD Medium-term Trend: Ranging

  • Supply levels: $13, $14, $15
  • Demand levels: $10, $9, $8

NEO/USD market operations have continued to record different levels of rising and fall around $12 and $11 price lines. Since July 27, when the market lowered to the lower range point at the $11, price has to flutter around it until the present.

The Bollinger Middle Band and the 50-day SMA indicators are of a bit bent southward to suggest the possibility of getting to see more decent downs than ups in this market. The Stochastic Oscillators have managed to move upward to get cross a bit over range 60.

Indications largely back the possibility of witnessing the NEO/USD bears’ force overriding any other market sentiments below the $12 mark in the medium-term run of this crypto-trade.

NEO/USD Short-term Trend: Ranging

The NEO/USD market valuation in the short-term run has been featuring in rages of $11.50 and $11 levels today as ta the time of writing. The pair began lowering down from the middle of its current range spots.

As usually being in the past, the trading indicators are pointing towards the east to affirm the state of choppy price movements. The Stochastic Oscillators have dipped into the oversold zone.

The present oversold trading condition of the NEO/USD market may not easily lead into a consolidation move for the bears to prevail over the bulls at the $11 lower range spot.

NEO:

Live Neo (NEO) Price:

1 NEO/USD =$110.1205 change ~ 0.78%

Coin Market Cap

$7.77 Billion

24 Hour Volume

$400.44 Million

24 Hour VWAP

$113

24 Hour Change

$0.85

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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