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NEO Price Analysis Aug 11th, 2019

NEO has recently partnered with Monarch Wallet. So, users using Monarch wallet can now access NEO currency on the wallet and experience better returns and privacy with NEO.

NEO is now accepted on Monarch Wallet! Check out the details here: https://t.co/etMGSJ5dsP

— NEO Smart Economy (@NEO_Blockchain) August 10, 2019

Current Statistics of NEO

NEO price is seen trading at $10.78 at 07:49 UTC on 11th August 2019. The other essential factors are as follows:

NEO Chart By TradingView

  • Return on Investment: 5827.22%
  • Total supply/Circulating Supply: 100,000,000 NEO/ 70,538,831 NEO
  • 24 Hour Volume: 297,209,618 USD
  • Market Cap: 758,779,493 USD
  • 7 Day high/low: 12.66 USD / 10.24 USD

NEO to USD Price Comparison

NEO price was initially seen trading at $10.42 yesterday at 00:00 UTC. The value of NEO coin was then increased by 8.5% at 07:28 UTC yesterday trading at $11.30. The value then dropped by 8.32% at 11:30 UTC with the trading value of $10.37. The value from then is now increased by 4.6% today at 04:21 UTC trading at $10.85.

NEO Price Prediction and Conclusion

NEO, as of now, is seen trading in the downtrend. So, it might be an ideal time for the new investors to buy NEO currency and hold on to the position for better returns in the future. However, the trend might be a little confusing, but the resistance and support levels will help the users to avoid losses as of now:

Resistance Levels:

R3: $11.84

R2: $11.49

R1: $11.05

Support Levels:

S1: $10.26

S2: $9.91

S3: $9.47

By the end of 2019, the NEO price trend seems to surge towards the value of $15, which might bring good returns for the users.

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