NEO(neo)market reviews and price predictions
NEO market statement for 2022-10-06
Yesterday the price of neo stood at $8.66. The market capitalization of the asset was $616 451 559. NEO’s volatility was established at 0.46%. The trading volume of the coin reached $24 845 559.
NEO prognosis for the next days:
We estimate the price of NEO to be $8.48 tomorrow 2022-10-08 and $8.65 on 2022-10-14;
We estimate the market capitalization of NEO to reach $618 122 874 tomorrow 2022-10-08 and $618 450 538 on 2022-10-10;
We estimate the volatility of NEO to become 1.76% tomorrow 2022-10-08 and 1.59% on 2022-10-10;
We estimate the trading volume of NEO to amount to $28 110 298 tomorrow 2022-10-08 and $26 264 008 on 2022-10-10.
Our recommendation for the pair NEO/USD for tomorrow, 2022-10-08, to sell.
Slightly bearish : traders witnessed NEO moving down 2% from September 30 till October 6.
Between September 30 - October 6, NEO has been mostly as its price has been in the falling mode. The price swings of NEO pointed to the presence of low volatility. 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.
Restrained price action on September 29 to October 5 as NEO moves up by only 1%.
The upward movement of the NEO price last week indicates the chosen market is. The volatility associated with the NEO market was low, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
NEO sees limited 4% gains between September 26 and October 2 as the market cools down.
Between September 26 - October 2, NEO has been mostly as its price has been in the rising mode. 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 trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
NEO market stayed flat from September 20 - September 26.
NEO portrayed neutral behavior last week, with no changes in the price. The situation on the NEO market shows that the underlying asset is currently experiencing a period of low volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
September 16 - September 22 price action review: NEO goes down by 6%.
The analysis of last week’s price action shows that the NEO market is in the bearish phase since the price has been moving downward. The situation on the NEO market shows that the underlying asset is currently experiencing a period of low volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The bears stepped up a gear on September 14 - September 20, dropping the price of NEO by 7%.
The price of NEO was falling last from September 14 until September 20, giving enough reason to conclude that the market is bearish. The volatility of NEO has been low throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Red clouds gathered above the NEO market last week (September 13 - September 19) as the price went down by 8%.
Between September 13 - September 19, NEO has been mostly bearish as its price has been in the falling mode. NEO was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
NEO lost 10% in the period September 10 - September 16 as a result of selling pressure.
The downward movement of the NEO price last week indicates the chosen market is bearish. NEO has been going through a period of medium volatility, which fell in line with the occurred price changes. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Bearish price action on September 9 to September 15 resulted in NEO by 6%.
The behavior of NEO last week was characterized by the occurrence of downswings. The price swings of NEO pointed to the presence of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The torpid NEO had its price rise only by 5% last week (September 4 - September 10).
Between September 4 - September 10, NEO has been mostly as its price has been in the rising mode. The situation on the NEO market shows that the underlying asset is currently experiencing a period of medium volatility. 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.