Next Cryptocurrency to Explode Wednesday, September 5 — Neiro Ethereum, Curve DAO Token, Ravencoin, Neo

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Sep 05 2024

NEO-2.757%

NEIRO-2.822%

CRV-1.8%

Should l Buy NEO?

Market Trends: The altcoin market is currently experiencing fluctuations, with some coins like Neiro Ethereum and Curve DAO Token showing potential for growth. Investors are advised to stay vigilant during this consolidation phase as opportunities may arise.
Upcoming Tokens: The Meme Games presale is generating excitement, allowing participants to earn bonuses based on meme coin performance. Other cryptocurrencies like Ravencoin and Neo are also gaining attention for their resilience and potential for future gains.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like NEO with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for NEO

Technical Sentiment Analysis for Neo (NEO) As of , Neo (NEO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for NEO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, NEO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Neo (NEO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.52	1.968	2.466	2.914	3.412	3.86	4.358
Fibonacci	1.968	2.329	2.552	2.914	3.275	3.498	3.86

About NEO

Neo bills itself as a “rapidly growing and developing” ecosystem that has the goal of becoming the foundation for the next generation of the internet — a new economy where digitized payments, identities and assets come together.Initially known as Antshares, this project was believed to be China’s first-ever public blockchain when it was launched in February 2014. The open-source platform subsequently rebranded to Neo three years later.As well as creating a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operate an EcoBoost initiative that’s designed to encourage people to build decentralized apps and smart contracts on its blockchain.It’s often been likened to the Chinese version of the Ethereum network.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

GET FREE REAL TIME NOTIFICATIONS

Stock Monitor for NEO?

Get Started Free

FREE STOCK RECOMMENDATIONS DAILY

Stock Bullish Tomorrow

Get Started Free

70% BACKTESTED ACCURACY!

Should I Buy NEO?

Get Started Free