- NEO price has been continuing its downward movement for days.
- If NEO holds onto the support at $8.40, it can start its rise to $12.
- Critical levels that NEO investors should follow!
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Can NEO start its upward movement? What levels should NEO investors follow? Current NEO Price Analysis!
Medium-Term NEO Price Analysis!
Daily NEO Price Chart Source: TradingView
When we examine the NEO price chart, we see that it received a reaction from its important weekly support and made a rise to the $9.79 levels.
At the time of writing, NEO price was moving from the $9.37 levels. If it makes daily candlestick closures above the $8.43 level mentioned in the NEO analysis, it can realize its rise to the $12 levels.
When we examine the NEO price chart on a daily time frame, it made a 10% rise from its support.
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If the NEO price makes daily candlestick closures above the support zone mentioned in the analysis, which is the $8.90 level, it can start a horizontal uptrend and rise to the $10.74 levels in the coming days.
Short-Term NEO Price Analysis
4 Hour NEO Price Chart Source: TradingView
If the NEO price continues to make 4-hour candlestick closures above the $9.20 level mentioned in the analysis, it can enter the rising trend that will start its rise to the $10.20 levels.
If the NEO price makes 4-hour candlestick closures above the $10.20 level mentioned in the analysis, it can continue the rising trend to realize its rise to the $11.30 levels.
NEO investors should follow the support at $9.20 on the 4-hour chart.
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