NEO(neo)market reviews and price predictions
NEO market statement for 2023-02-03
Yesterday the price of neo stood at $8.87. The market capitalization of the asset was $628 994 341. NEO’s volatility was established at 0.68%. The trading volume of the coin reached $93 505 972.
NEO prognosis for the next days:
We estimate the price of NEO to be $8.63 tomorrow 2023-02-09 and $8.19 on 2023-02-15;
We estimate the market capitalization of NEO to reach $578 834 613 tomorrow 2023-02-09 and $589 561 167 on 2023-02-11;
We estimate the volatility of NEO to become 2.06% tomorrow 2023-02-09 and 3.17% on 2023-02-11;
We estimate the trading volume of NEO to amount to $24 547 688 tomorrow 2023-02-09 and $39 691 828 on 2023-02-11.
Our recommendation for the pair NEO/USD for tomorrow, 2023-02-09, to sell.
NEO showed a moderate 9% growth between January 28 and February 3.
The price of NEO was rising last from January 28 until February 3, giving enough reason to conclude that the market is bullish. The price swings of NEO pointed to the presence of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
NEO market stayed flat from January 24 - January 30.
NEO portrayed neutral behavior last week, with no changes in the price. NEO has been going through a period of low volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
The torpid NEO had its price rise only by 4% last week (January 23 - January 29).
The analysis of last week’s price action shows that the NEO market is in the bullish phase since the price has been moving upward. NEO was caught in a period of medium volatility, which was reflected in its price action. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Buyers kept pushing the NEO market to the upside between January 19 and January 25 as the price increased by 6%.
The price of NEO was rising last from January 19 until January 25, giving enough reason to conclude that the market is bullish. NEO has been going through a period of medium volatility, which fell in line with the occurred price changes. There has been a rise in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
The buyers controlled the NEO market between January 17 and January 23 as the price grew by 6%.
NEO has been bullish last week as its price has been predominantly rising. The volatility of NEO has been medium throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin last week took place on the back of increased trading volume.
Restrained price action on January 15 to January 21 as NEO moves up by only 4%.
NEO has been bullish last week as its price has been predominantly rising. The price swings of NEO pointed to the presence of low volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The bullish pressure subsides between January 14 and January 20 as NEO gains only 1%.
The analysis of last week’s price action shows that the NEO market is in the bullish phase since the price has been moving upward. The volatility associated with the NEO market was low, as were its price fluctuations. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
A 10% price increase last week (January 10 - January 16) confirms the bullishness of NEO.
NEO has been bullish last week as its price has been predominantly rising. The volatility associated with the NEO market was low, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
Market analysis January 8 - January 14 : NEO posts a 16% rally.
NEO has been bullish last week as its price has been predominantly rising. The volatility of NEO has been medium throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been increasing in concert with the price of the coin. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
Reservedly bullish : the price of NEO grew by 10% in the period of January 7 - January 13.
The behavior of NEO last week was characterized by the occurrence of upswings. The volatility associated with the NEO market was medium, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the increasing trading volume.