It has been some time since our last Neo price forecast . To be precise, we released it on May 21, 2021. Meanwhile, the price has corrected more and made a low of $16.37. We are currently at around $22.32. But how could the Neo course continue in the near future? What would have to happen for us to experience a strong ascension? We'll enlighten you!
Neo course holds important support!
TradingView NEO/USDT support
Neo price has often found resistance around $21 in the past. After the last crypto crash was over, the price briefly fell below $21, but the price has now regained this support again. This support is important as it was broken when the bull run started for Neo price. Since we continue to see this as support, the price could rise a little more in the near future. A price increase of over 200% is not unlikely in this case.
How far will the price go up?
Neo price might rally higher in the near future as we hold the $21 support. Going forward, we anticipate the rate to rise to $30. This is the minimum goal. The probability of reaching the $30 resistance is 90% in our eyes. The next target is around $48 and the next target is around $66. Both are horizontal resistances which we could gradually work off. We strongly assume that the course will achieve this as well. The ultimate goal is the GoldenPocket of the down move. This is around $100. Since there is also a psychological level there, we could bounce there and continue the current downtrend. Minimum target would be $21 again.
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