NEO Price Prediction Today: Daily (NEO) Value Forecast – June 27


  • The NEO/USD market's bulls may potentially still muster their energy around the $16 mark.
  • Meanwhile, the bears may not be able to sustain downward price movements below the aforementioned horizontal point.

NEO/USD Medium-term Trend: Bearish

  • Resistance levels: $22, $24, $26
  • Support levels: $14, $12, $10

About a couple of few days until June 26, the market worth of NEO/USD notably moved in a bullish outlook. Most of the 4-hour candlesticks that featured on the aforementioned trading date were in a range around $20 mark.

Today, the US dollar has dominated the market by pushing it down to a low point at $16. As at now, the market may witness a pit stop. And, in the course of that, the counter currency needs a strong breakdown of the $16 where both the Bollinger Lower Band and the 50-day SMA are found. The Stochastic Oscillators still slightly point to the south.

Three trading lines have been in the NEO/USD trade. And, they are $20, $18, and $16 price levels. The bulls may potentially still have the possibility to muster their energy around the $16 smallest price points, especially a spike occurs in the process.

NEO/USD Short-term Trend: Bearish


The NEO market worth has been on the note of outweighing the valuation of the US dollar today in the short-term run of the crypto-trade. The pair was in a bullish trend yesterday. But, towards the end, it finished as a dropping market. About a few hours, the market touched a point at $20 and was resisted to drop in value briefly past $17 horizontal line. The Bollinger Middle Band and the 50-day SMA are located around $19. The Stochastic Oscillators now bent southward toward range 40.

The NEO/USD market may now continue to be under falling pressures below the $20 horizontal mark. Meanwhile, the bears may not be able to sustain downward price movements below the aforementioned horizontal point.

 

NEO:

Live Neo (NEO) Price:

1 NEO/USD =$46.4164 change ~ -4.07%

Coin Market Cap

$3.27 Billion

24 Hour Volume

$165.5 Million

24 Hour VWAP

$46

24 Hour Change

$-1.89

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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