Neo Price Prediction: NEO Could Shoot Above $9.5 Level
• Neo Price Prediction for Today, February 9: NEO/USD may break above the $9.5 resistance level
• Technical indicators such as RSI (14) are crossing the 70-level, indicating potential bullish momentum
• If NEO/BTC falls and crosses below the 21-day moving average, it may bring the coin to its nearest support of 380S
Neo Price Prediction for Today
The Neo price prediction suggests that there is a chance of a bullish movement if the market could rise above the $9.5 resistance level.
Neo Price Statistics
The current Neo price is at $9.15 and its market cap is around $702.1 million with a circulating supply of 70.5 million and a total supply of 100 million coins. The Coinmarketcap ranking for NEO/USD is currently at #65.
NEO/USD Market Key Levels
The key resistance levels are at $11.0, $11.5, and $12.0 while the key support levels lie at $7.5, $8.0, and $8..5 respectively.
Neo Price Prediction
The daily chart shows that there could be a positive trend as traders anticipate a bullish continuation towards an upside with potential resistance levels set at $9.5 . The technical indicator Relative Strength Index (14) is crossing above the 70-level which indicates more bullish signals in the coming trading sessions should this occur successfully .
In comparison to Bitcoin , Neo’s price has been following a bullish movement as it remains above both its 9-day and 21-day moving averages . If it manages to cross above these moving averages , it could result in more bullish pressure as indicated by RSI (14) which will move into overbought territory . However , if NEO/BTC falls below its 21-day moving average , it might fall back down to its nearest support at 380 S .