Neo (NEO) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has lost 5.08% to $23.68.
InvestorsObserver is giving Neo a 21 Volatility Rank. Find out what this means to you and get the rest of the rankings on Neo!
Low Volatility
InvestorsObserver gives Neo a low volatility rank of 21, placing it in the bottom 21% of cryptos on the market.The Volatility Gauge follows meaning that one day won't make or break its rank. NEO's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Neo price is in a good position going forward. With support set at $22.31 and resistance at $25.01. This positions Neo with room to run before facing selling pressures.