Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

2025-05-21

SEC counts Unicoin – $ 100 million exposed to alleged fraud!

2025-05-21

US Senate promotes genius law in the midst of dual support

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Sahara AI launches Siwa Testnet to authorize decentralized AI builders

    2025-05-21

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20

    Arbitrum affects $ 1.5 billion volume milestone on Uniswap V4

    2025-05-20

    BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

    2025-05-21

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21

    Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

    2025-05-20

    XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

    2025-05-20

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20
  • Learn

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»NEO token is up 10% in the last 24 hours
Analysis

NEO token is up 10% in the last 24 hours

2023-05-28No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

NEO emerged as the biggest winner in the top 100 cryptocurrencies by market capitalization over the past 24 hours. At the time of writing, NEO was trading at $10.75 while managing $106.2 million in volume, according to Coinmarketcap.

The 59th largest crypto, with a market cap of $760.2 million, is also one of the best performing coins of the past week, gaining more than 14%.

NEO is experiencing a resurgence in 2023

Like the rest of the crypto market, after the brutal 2022, NEO price rose in value to nearly $15 by the end of February in 2023, only to drop below $10 in the second week of March. Over the course of the next month, the price of NEO moved up before breaking just above $13.50. And last week NEO went back to around $9 before starting to gain traction this week.

NEO has a positive increase in the past 7 days: source @Coingecko
NEO has a positive increase in the past seven days: source @Coingecko

While the exact reasons behind NEO’s current surge are not clear, it is worth considering recent developments in the project. NEO has recently made an important step in the field of artificial intelligence (AI). As AI fever has gone mainstream and permeated the crypto industry, NEO’s integration of AI has generated excitement and opportunity.

Read related: Kava (KAVA) price up 10% in 7 days – here’s why

This convergence of two rapidly evolving fields has the potential to introduce improvements in algorithmic trading, predictive modeling, forecasting tools, and enhanced security and fraud detection. However, it is worth noting that many crypto projects are benefiting from the AI ​​trend without substantial implementation or real value, a trend that is being seen across industries due to the current hype surrounding AI technologies.

See also  Daily DEX volume is increasing, surpassing Ethereum by $400 million

In the case of NEO, the project recently announced the winners of the NeoChat ChatGPT launch contest. This investment in AI is likely one of the contributing factors to the recent spike in the price of NEO.

While NEO is up 61% so far in 2023, it is still a whopping 95% below its all-time high (ATH) of nearly $200 reached in January 2018.

NEO Price Analysis

The latest NEO price analysis shows the dominance of green candlesticks with slight resistance from the red ones. Still, the latest chart shows bullish momentum, with the price approaching $10.88 for the second day today. The average of Bollinger bands is set at $10.07 at the time of writing.

Read related: Shiba Inu burn rate up 1500% in 24 hours, but price continues to struggle in the red

The short-term trendline and the SMA 20 curve are up, indicating a bullish hold. The moving average indicator shows a value of $10.83, the highest value achieved in the last 24 hours.

Neo charts indicate bullish trend: source @Tradingview
Neo charts point to bullish trend: source @Trade view

The given NEO price analysis shows that the bulls are taking over the cryptocurrency with a sharp rise in price. This rise may take current price levels and reach a new high above the $10.90 resistance. The RSI score detected on the hourly chart is 71, which has crossed the overbought threshold set for the coin value.

This confirms that the impending price rise of the support level also continues to rise. The $11.29 resistance level could be challenged if buying momentum continues.

– Featured image from iStcok.com, charts from Coingecko and Tradingview

Source link

See also  Bitcoin (BTC) must break this key level for potential upward reversal, according to Crypto Analyst
Hours Neo Token
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

2025-05-21

Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

2025-05-21

Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

2025-05-20

XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

2025-05-20
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Crypto Exchange OKX Announces ‘Milestone’ Partnership with Investment Bank Standard Chartered

2024-10-30

Author of ‘Rich Dad Poor Dad’ Buys More Bitcoin During the Rally – Here’s Why

2025-01-08

XRP Price Eyes Winins, but technically suggests that upsides can be limited

2025-05-20
Editors Picks

Cult & Rain’s virtual space station, Louis Vuitton’s new NFTs and more

2023-06-09

PSYOP memecoin is facing an identity crisis amid a questionable token launch

2023-05-18

Bitcoin ETFs Will Overtake Satoshi Nakamoto? The inflow of $3.4 billion says so!

2024-11-13

Bitcoin’s [BTC] short- and long-term holder traits reveal this about its future

2023-07-29
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

SEC counts Unicoin – $ 100 million exposed to alleged fraud!

US Senate promotes genius law in the midst of dual support

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,442.931.20%
  • ethereumEthereum(ETH)$2,543.890.33%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.35-0.18%
  • binancecoinBNB(BNB)$651.800.60%
  • solanaSolana(SOL)$168.530.58%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2257991.77%
  • cardanoCardano(ADA)$0.752.59%
  • tronTRON(TRX)$0.270023-1.15%
  • suiSui(SUI)$3.83-1.15%
  • chainlinkChainlink(LINK)$15.76-1.34%
  • avalanche-2Avalanche(AVAX)$22.611.29%
  • stellarStellar(XLM)$0.2885721.63%
  • hyperliquidHyperliquid(HYPE)$26.47-0.78%
  • shiba-inuShiba Inu(SHIB)$0.0000150.53%
  • hedera-hashgraphHedera(HBAR)$0.1956720.42%
  • unus-sed-leoUNUS SED LEO(LEO)$8.811.10%
  • bitcoin-cashBitcoin Cash(BCH)$397.692.01%
  • the-open-networkToncoin(TON)$3.04-0.04%
  • polkadotPolkadot(DOT)$4.651.38%
  • litecoinLitecoin(LTC)$94.750.84%
  • moneroMonero(XMR)$364.865.21%
  • bitget-tokenBitget Token(BGB)$5.14-0.41%
  • piPi(PI)$0.797.27%
  • pepePepe(PEPE)$0.0000132.82%
  • daiDai(DAI)$1.00-0.02%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.265.76%
  • aaveAave(AAVE)$256.98-3.28%
  • bittensorBittensor(TAO)$418.01-0.67%
  • nearNEAR Protocol(NEAR)$2.790.31%
  • aptosAptos(APT)$5.140.00%
  • okbOKB(OKB)$52.04-0.28%
  • ondo-financeOndo(ONDO)$0.940.06%
  • kaspaKaspa(KAS)$0.110308-0.17%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.2410.93%
  • ethereum-classicEthereum Classic(ETC)$18.470.49%
  • internet-computerInternet Computer(ICP)$5.260.77%
  • gatechain-tokenGateToken(GT)$21.540.69%
  • crypto-com-chainCronos(CRO)$0.096432-0.30%
  • mantleMantle(MNT)$0.741.04%
  • vechainVeChain(VET)$0.0283741.73%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231497-0.83%
  • render-tokenRender(RENDER)$4.650.00%
  • ethenaEthena(ENA)$0.3814461.36%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • algorandAlgorand(ALGO)$0.2252071.52%
  • arbitrumArbitrum(ARB)$0.3966680.81%
  • cosmosCosmos(ATOM)$4.912.52%
  • bitcoinBitcoin(BTC)$106,442.931.20%
  • ethereumEthereum(ETH)$2,543.890.33%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.35-0.18%
  • binancecoinBNB(BNB)$651.800.60%
  • solanaSolana(SOL)$168.530.58%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2257991.77%
  • cardanoCardano(ADA)$0.752.59%
  • tronTRON(TRX)$0.270023-1.15%
  • suiSui(SUI)$3.83-1.15%
  • chainlinkChainlink(LINK)$15.76-1.34%
  • avalanche-2Avalanche(AVAX)$22.611.29%
  • stellarStellar(XLM)$0.2885721.63%
  • hyperliquidHyperliquid(HYPE)$26.47-0.78%
  • shiba-inuShiba Inu(SHIB)$0.0000150.53%
  • hedera-hashgraphHedera(HBAR)$0.1956720.42%
  • unus-sed-leoUNUS SED LEO(LEO)$8.811.10%
  • bitcoin-cashBitcoin Cash(BCH)$397.692.01%
  • the-open-networkToncoin(TON)$3.04-0.04%
  • polkadotPolkadot(DOT)$4.651.38%
  • litecoinLitecoin(LTC)$94.750.84%
  • moneroMonero(XMR)$364.865.21%
  • bitget-tokenBitget Token(BGB)$5.14-0.41%
  • piPi(PI)$0.797.27%
  • pepePepe(PEPE)$0.0000132.82%
  • daiDai(DAI)$1.00-0.02%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.265.76%
  • aaveAave(AAVE)$256.98-3.28%
  • bittensorBittensor(TAO)$418.01-0.67%
  • nearNEAR Protocol(NEAR)$2.790.31%
  • aptosAptos(APT)$5.140.00%
  • okbOKB(OKB)$52.04-0.28%
  • ondo-financeOndo(ONDO)$0.940.06%
  • kaspaKaspa(KAS)$0.110308-0.17%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.2410.93%
  • ethereum-classicEthereum Classic(ETC)$18.470.49%
  • internet-computerInternet Computer(ICP)$5.260.77%
  • gatechain-tokenGateToken(GT)$21.540.69%
  • crypto-com-chainCronos(CRO)$0.096432-0.30%
  • mantleMantle(MNT)$0.741.04%
  • vechainVeChain(VET)$0.0283741.73%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231497-0.83%
  • render-tokenRender(RENDER)$4.650.00%
  • ethenaEthena(ENA)$0.3814461.36%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • algorandAlgorand(ALGO)$0.2252071.52%
  • arbitrumArbitrum(ARB)$0.3966680.81%
  • cosmosCosmos(ATOM)$4.912.52%