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NEO Token Report – 1st Mar’24

NEO Token

Neo is an application platform and cryptocurrency built on blockchain technology, that facilitates the execution of smart contracts and decentralized applications. Initially established as Antshares in 2014, the project underwent rebranding to Neo in 2017.

NEO is ranked #82 with a market capitalization of nearly $1.1 billion. The current market price of the token is 15.45 USDT

The NEO trend had been consolidating between the price range of $10 to $14. On the daily time-frame, the NEO/USDT trend has broken out of the flat consolidation level with considerable volume support. The next resistance is expected at 18.6 USDT and the next support is expected at 14.2 USDT.

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MintingM Rating – 4/5