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NEO/USD: FUNDAMENTALS + NEXT PREDICTION | LONG VIEW 🔔

Long
In 2020 NEO was below $10 at the beginning of the year and touched the lowest point of the year of $4 on March 13. After that The NEO value managed to jump to $25.90 by September 20. At the end of the year, the NEO/USD pair settled near $14.

It's well-known that small cryptos copy movements of BTC/USD. Thus, most of the ups and downs of the NEO/USD pair just repeated Bitcoin's trends. For instance, the coronavirus hit financial markets in March 2020 the most, resulting in downtrends in the crypto world, pushing Bitcoin and NEO down.

Still, some events caused divergence in the direction of prices. At the end of July, NEO partnered with the Blockchain-based Services Network. BSN is a global infrastructure that offers a cheap platform for blockchain projects and similar companies, creating a digital economy. This event pushed the NEO rate up. You can see how NEO coin news can affect the price of the cryptocurrency.

The last NEO all-time high price was 196.85 USD on January 15, 2018, it is much higher than in 2020. A strong bullish trend that began after the June 2017 rebranding pushed NEO price to its all-time high. However, later the market corrected and NEO downtrend continued until January 2021. The NEO/USD today’s rate is: $52.46

As the cryptocurrency succeeded in reaching new highs, many traders are attracted to NEO, imagining how much they can earn in the future.

NEO, thanks to its great potential, is a better long-term investment than many other cryptocurrencies. A release of N3 is a springboard for the NEO price.

Wallet Investor believes that, during 2021, the maximum rate of the NEO/USD pair won't be able to touch 130 USD again. After hitting $150 in May, the price will move down, fluctuating within a $62-120 range. Only in December 2021, the price will jump to 129.5 US dollars.

Long Forecast agency predicts an uptrend for NEO from August 2021. The highest rate may reach $184 in October; the lowest price of $110 is still not far from the current rate. Until August, the price will move within the $72-146 range.

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