The crypto market was under huge pressure from almost a week. Bitcoin climbed to $10,000, but the pullback pressure brought the price back to $9,600. The same has been observed in almost all the coins in the market. NEO is reflecting a hold over its momentum from yesterday. The price is hovering around $14 and is continuing with the same momentum. It looks like that the coin might experience a moderate day ahead.
NEO/USD Price Chart:
NEO coin reflected moderate fluctuations during the first few hours yesterday. The price counters hopped from $14.14 to $14.33 then again dropped to $13.94 and back to $14.37 level. At 06:30 UTC, the currency was at $13.96 and in the next hour, the coin recovered to $14.29. At 17:11 UTC, the NEO price dropped to $13.58 by almost 5%. After this loss, the coin marked recovery and touched $14.04 by 3.43% hike. Later, the NEO coin price again slipped and reached $13.50.
The volatility remained locked with the currency. NEO touched $14.09, and later it dropped to $13.73 by 18:00 UTC. Later, it breached a high of $14.22 before closing the day. NEO ended the day at $14.02. The intraday movement in the coin reflected a marginal regression.
Today, NEO started trading with a sharp downward move and fell to $13.72 by 2.10%. Then, it improved to $14.35 by 4.48% hike at 03:55 UTC. The coin couldn’t hold itself for long and was spotted dropping to $13.89. The coin again reflected improvement and is currently at $14.10. As per the current momentum, Neo coin might recover in the upcoming hours. The coin is quite near the immediate resistance level at $14.41.
