NEO Price Prediction: Is NEO Ready to Make the Leap?
NEO Price Prediction 2025 it is expected to rise to $40
#NEO's price broke key resistance at $19.25, its highest since March 4th, signaling a strong bullish breakout.
It further surged above the significant resistance level at $22.00, marking its highest point post-April 2022.
Breaking above the overhead resistance trendline, the uptrend breaches the psychological barrier of $20.
A breakthrough past the critical resistance at $22.50 suggests the likelihood of more gains in the short term.
However, a dip below this newfound support could indicate bearish dominance, potentially driving the price down to $16.92.
A remarkable 32% overnight surge in $NEO price resulted in a massive bullish engulfing candle on the daily chart, enhancing the possibility of a substantial upward movement.
According to Coingabbar's analysis, With optimism, this breakout could propel the altcoin rally towards the $30 mark within the current week.
KEY LEVELS :
RESISTANCE LEVEL : $23.00-$26.00
SUPPORT LEVEL : $18.50-$15.00
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgement, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
