Neo Price Prediction for Today, September 20 – NEO Technical Analysis

The Neo value prediction reveals that NEO is transferring with an uptrend in the intervening time, and the merchants may count on an early arrival of a value rally.

Neo Prediction Statistics Information:

Neo value now – $7.64
Neo market cap – $538.3 million
Neo circulating provide – 70.5 million
Neo complete provide – 1 billion
Neo Coinmarketcap rating – #64

NEO/USD Market

Key Ranges:

Resistance ranges: $9.0, $9.2, $9.4

Assist ranges: $6.2, $6.0, $5.8

NEO/USD is presently below the affect of bullish sentiment because the coin spikes above the 9-day and 21-day transferring averages. Regardless of market stress, the Neo value has persistently proven resilience in its pursuit of upward motion. Nonetheless, the crypto market is grappling with volatility, and it’ll seemingly proceed to take action shortly. The bullish motion on this section is predicted to be extra favorable.

Neo Value Prediction: NEO Might See Additional Upside

As of now, the Neo value retains hovering at $7.64 and there’s a risk that extended testing of the $7.2 assist stage may result in a draw back break. Subsequently, if NEO/USD continues to problem this stage, merchants ought to anticipate a possible breach, with essential assist ranges at $6.2, $6.0, and $5.8 coming into play.

Nonetheless, the market value stays above the 9-day and 21-day transferring averages, with robust bullish momentum supported by marginally optimistic technical indicators. In the meantime, the resistance ranges stand at $9.0, $9.2, and $9.4, whereas the Relative Energy Index (14) may transfer to cross above the 60-level, signaling a rise in bullish potential.

NEO/BTC May Break to the Upside

Compared to Bitcoin, NEO has been step by step ascending. The market value is poised to surpass the 9-day and 21-day transferring averages, and NEO’s value motion presently resides inside a channel. Merchants are eagerly awaiting additional bullish momentum to doubtlessly drive the market greater, with the Relative Energy Index at 14 crossing above the 50-level.

Moreover, if the bulls handle to cross above the higher boundary of the channel, preliminary resistance might emerge at 3000 SAT. Past this level, stronger resistance ranges may materialize at 3100 SAT and above. Conversely, if sellers push the market towards the decrease boundary of the channel, merchants ought to anticipate essential assist at 2500 SAT and beneath.

Alternate options to Neo

If shopping for stress from the bulls continues, the Neo value can keep its upward development. Moreover, crossing above the higher boundary of the channel may push the coin to attain even greater value ranges. Conversely, a bearish motion beneath each the 9-day and 21-day transferring averages may halt the preliminary upward momentum and doubtlessly set off a bearish development for the coin.

As we await additional developments, it’s vital to notice that Wall Road Memes units itself aside from different meme cash with its overarching mission – to disrupt the standard monetary panorama and empower on a regular basis traders. Throughout its presale section, this token efficiently raised a powerful sum exceeding $25 million, eagerly getting ready for its official launch within the coming days. For potential traders, this presents an opportune second to contemplate participation.

Ends Quickly – Wall Road Memes

Early Entry Presale Stay Now
Established Group of Shares & Crypto Merchants
Featured on Cointelegraph, CoinMarketCap, Yahoo Finance
Rated Finest Crypto to Purchase Now In Meme Coin Sector
Group Behind OpenSea NFT Assortment – Wall St Bulls
Tier One Alternate Listings September 27
Tweets Replied to by Elon Musk