- Bullish NEO price prediction ranges from $39.31 to $124.37.
- NEO price might also reach $150 soon.
- NEO bearish market price prediction for 2022 is $8.41.
This Neo (NEO) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our NEO price analysis and prediction.
Among the cryptocurrencies that are spiking high this year, NEO is perhaps one of the most surprising for some. It is not directly connected to Bitcoin, nor is it the most hyped cryptocurrency today. But for those that are aware, Neo has been around since 2014. The price of Neo (NEO) has reduced by 46% in the past one year.
Can Neo reach $150 in 2022? We will find out shortly. But before we proceed to our Neo price prediction, let us first answer the question “What is NEO?” in this NEO price prediction 2022 article.
What is NEO?
Neo utilizes a smart economy methodology to implement its distributed network idea. More so, its main aim is to digitize assets utilizing the decentralized network of blockchain technology and digital identity.
Neo’s native token NEO reached its new ATH of $196.85 on Jan 15, 2018. Even more, since then the coin has faced many challenges.
Now that we have an idea about NEO, do you think NEO will be profitable crypto in 2022? Join me and let us see the charts in this NEO price prediction and NEO price analysis.
NEO Current Market Status
As of the time of writing this Neo price analysis, NEO trades at $23.70 with a 24-hour trading volume of $209.315,548, according to CoinGecko. The price of NEO has decreased by 5.41% in the last 24 hours.
Furthermore, NEO has a current circulating supply of 70,538,831.00 NEO. Currently, the top cryptocurrency exchanges for NEO are Binance, OKEx, FTX, Huobi Global, Kucoin, Bitfinex, and CoinTiger.
Now, let’s proceed to the next part of this NEO price analysis for 2022.
NEO Price Analysis 2022
Currently, Neo holds the 66th place on CoinGecko. But will the latest upgrades, developments, and changes in the NEO blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this NEO price prediction article.
From the Ema Ribbon 1day chart of NEO/USDT above, we can see that the sell curve is getting narrower, which means that the bearish trend is coming to an end soon. So, Neo could be bullish in days if investors apply more buying pressure.
From the chart above, the relative strength index (RSI) value of NEO/USDT is 52.59, which means that the trend is strong since it is between 50 and 70.
The chart above shows that 90-Ma is above the 30-Ma for the 1day chart of NEO/USDT, which means that long-term investors would surely recover their lost investment if they could be patient with Neo price changes.
NEO Price Prediction 2022
The chart below shows that Neo has performed great over the past few days. Moreover, the NEO price over 9% in the last 7 days. If this trend reverses, NEO might run along with the bulls, overtaking its $28.80 resistance1 level and reach higher to $124.37 at resistance5 level, the 2022 bullish signal.
Conversely, if the investors turn to sentiment and the general market trend in the crypto market, the bears will have their way which will cause the price of NEO to push down to $16.69 at support1 level and even move downwards to $8.41 at support2, the bearish signal for 2022.
Meanwhile, our long-term NEO price prediction 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $196.85. However, that will only happen if it breaks many previous psychological resistances.
NEO Price Prediction 2022
If this bullish trend continues, NEO will reach $124.37 by the end of 2022. Moreover, the first half of 2022 is going to show rapid growth, up to $39.31. Then the rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $150 is quite optimistic in the price point of view but undoubtedly feasible for the near future.
NEO Price Prediction 2023
If Neo holds the support level around 90-MA which is the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $300, making it not plummet but play consistently.
NEO Price Prediction 2024
As per the latest upgrades, developments, Neo price prediction, and new project forecasts of the platform, Neo investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of Neo in the crypto market, and it will be the best investment as the price can spike and reach around $500.
NEO Price Prediction 2025
In the next four years, NEO prices could race up to $800. However, reaching this level could not be so difficult for NEO as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that NEO has a high possibility of reaching a new ATH soon in the next five years as per the prediction.
NEO Price Prediction 2026
In the next four years, NEO prices could race up to $1000. However, reaching this level could not be so difficult for NEO as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that NEO has a high possibility of reaching a new ATH soon in the next five years as per the prediction.
Conclusion
Neo has a bright future ahead of it in 2022. With the ongoing developments happening within the NEO ecosystem, as well as in the overall crypto market, we may see NEO reach new heights.
Bullish NEO price prediction 2022 is $124.37 As said above, it may even reach $150 if investors have decided that NEO is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
FAQ
Neo utilizes a smart economy methodology to implement its distributed network idea. More so, its main aim is to digitize assets utilizing the decentralized network of blockchain technology and digital identity.
Users can obtain NEO tokens by purchasing them from cryptocurrency exchanges such as Binance, or Huobi Global,
NEO is a good investment in 2022. However, NEO has a high possibility of surpassing its current ATH at about $196.85 this year.
Yes, it’s very much possible that NEO might reach $150 in the near future as per the current bullish trend.
Neo (NEO) price is expected to reach $124.37 by 2022.
Neo (NEO) price is expected to reach $300 by 2023.
Neo (NEO) price is expected to reach $500 by 2024.
Neo (NEO) price is expected to reach $800 by 2025.
Neo (NEO) price is expected to reach $1000 by 2026.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
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