NEO

NEO Doubles in Price Over the Weekend, Outperforming Bitcoin Price Analysis

NEO is one of the very few altcoins that has outperformed Bitcoin during the latter’s shocking price reversal, doing a full 100% pump versus USD. Speculators attribute this to its association with the Chinese economy, and with recent comments from the president of China regarding blockchain technology.

NEO 3.0 Roadmap Revealed, Co-Founder Erik Zhang Explains Key Changes to Smart Contract Platform

The developers of NEO, a leading platform for building and deploying decentralized applications (dApps), have officially released a roadmap for NEO 3.0, which consists of a several codebase modifications that are intended to enhance the blockchain network’s performance.    

NEO Long-term Price Analysis- April 30

NEO continues in the downtrend in its long-term outlook. The bears sustained the momentum with the break of the lower line of the bearish flag occurred on 23rd April with a drop to $10.32 in the demand area

Decentralized Exchange Switcheo Launches Atomic Swaps on Ethereum and NEO

Switcheo, a NEO-based decentralized cryptocurrency exchange (DEX) has recently launched atomic swaps on the Ethereum and NEO blockchains, meaning users will be able to seamlessly swap its SWTH token to ETH.

NEO Long-term Price Analysis- April 23

NEO remains in a bearish trend in its long-term outlook. The bulls made a brief comeback within the bearish flag formation on 18th April with a push to $11.49 in the supply area.

NEO Long-term Price Analysis- April 16

NEO is in a bearish trend in its long-term outlook. At $10.61 in the demand area, the impulsive bearish momentum from $14.06 in the supply area was lost as indicated by the wicks in the candles

NEO Long-term Price Analysis- April 2

NEO is in the uptrend in its long-term outlook. The bears’ pressure was lost on 26th March as price drops to $8.64 in the demand area with the candle closing as a pinbar

NEO Long-term Price Analysis- March 26

NEO is still trading within a specific range in its medium-term outlook. The bears kept the pressure up on the crypto’s price as it dropped to $8.85 on March 21, the week’s low. It bounced back when it touched its 50-day EMA, and the bulls pushed it back to $8.51 in the supply area.

NEO Long-term Price Analysis- March 19

NEO is in a range-bound market in its long-term outlook. The bulls had a sweet ride up to $9.56 in the supply area as predicted last week

Key NEO 3.0 Component, dBFT Ver 2.0 Released, Soon to Be Deployed to Testnet, Mainnet

Erik Zhang, the co-founder of NEO, one of the world’s largest platforms for building and deploying decentralized applications (dApps), has revealed that NEO blockchain’s consensus algorithm, the delegated Byzantine Fault Tolerance mechanism (dBFT) version 2.0 has been updated. 

NEO Long-term Price Analysis- March 12

NEO remains in a range-bound market in its long-term outlook. The rejection to downward price movement around the 50-EMA yesterday dropped the price to $8.61 in the demand area signalling the bears’ exhaustion.

NEO Long-term Price Analysis- March 5

NEO continues in a range-bound market in its long-term outlook. $8.58 in the supply area was the low of the week although the bulls had a minor push to $9.59 in the supply area but lacked the momentum to break out from the range on 1st March.

NEO Development Head: dBFT Consensus Protocol to Allow for ‘True, Absolute Finality’

John deVadoss, the president at NGDS, an organization that supports the ongoing development of NEO, a leading blockchain-based platform for deploying decentralized applications (dApps), told CryptoGlobe that “developers [are motivated to] build on the NEO platform because of the market-leading innovation that it offers.” 

NEO Long-term Price Analysis- February 26

NEO long-term outlook is back in a range-bound market. The strong bullish pressure was evident within the range last week with a breakout at the upper supply area at $9.60

NEO Co-Founder: Ethereum Has ‘Strongest Community of Developers’

Da Hongfei, the co-founder of NEO, a leading blockchain-based platform for developing smart contract-enabled decentralized applications (dApps), recently revealed that he believes the “whole world will [eventually] become digital.” 

NEO to Open New Development Office in Seattle Headed by Former Microsoft Exec

The developers of NEO, a leading Chinese blockchain-based platform for creating decentralized applications (dApps), are planning to open a new office in Seattle, United States. Last month, Erik Zhang, the co-founder of NEO, had said that NEO’s development team was in the process of making key improvements to the smart contract-enabled platform’s delegated Byzantine Fault Tolerance (dBFT) consensus protocol.

NEO Long-term Price Analysis- February 12

NEO long-term outlook continues in a range-bound market. After dropping the price down at $6.78 in the demand area on 6th February the bears lost momentum.

Switcheo DEX Previews Centralized-Style Unified Account System

The Switcheo non-custodial (or decentralized) exchange has developed a new account-style wallet system, supporting both NEO and ETH ecosystems in one place. The preview style was direct communication with users’ private wallets, in the typical DEX style of ED or IDEX.

NEO Long-term Price Analysis- February 5

NEO long-term outlook is ranging, between the supply zones at $8 and demand zones at $6. However the two EMAs are fanned apart and above the market price which implies strength in the downtrend.

NEO Long-term Price Analysis- January 22

NEO long-term outlook continues in consolidation. The 50-EMA acted as resistance against further upward movement on 19th January after last week rally to $8.47 in the supply area

Heres How the Price of the Top Decentralized Application Platforms Performed in the Last 6 Months

While Ethereum (ETH) was once the dominant decentralized application (dApp) platform in the whole cryptocurrency ecosystem, things have seemingly started to change in the last few months, as new competing platforms have been stealing some of its market share. Last year, at the end of a year-long initial coin offering (ICO) that raised $4 billion, […]

NEO Long-term Price Analysis – January 15

NEO long-term outlook remains is in consolidation. However, with the stochastic oscillator at 21% and its signal pointing up and price around the two EMAs. It suggests the bullish momentum may continue within the range in the long-term.

NEO Long-term Price Analysis- January 8

NEO long-term outlook is in consolidation. The bears’ pressure within the range was lost on 4th January at $7.50 in the demand area after the formation of a bullish doji.

NEO Long-term Price Analysis- December 11

NEO’s long-term outlook returns to a bearish trend. The bears overcame the battle within the range of last week analysis breaking $6.50 of the lower demand area on 6th December with a large bearish candle and closed lower at $6.02

NEO Long-term Price Analysis- December 4

NEO’s long-term outlook is range-bound. The $6.75 e demand area was the crypto’s lowest point of the week, as the bearish pressure started losing momentum shortly after it was reached

NEO Co-Founder Erik Zhang Responds to Bug: No Possibilities of a Token Theft

It was previously suspected that the smart contract platform NEO had a bug that would allow hackers to steal users funds remotely. To clear the confusion, NEO Co-Founder Erik Zhang responded that “users of the NEO blockchain will not suffer the possibilities of a token theft.”

Switcheo, NEOs First Decentralized Exchange, Lists 19 ERC20 Tokens

First ever NEO DEX adds popular ERC20 trading pairs, such as KNC, BLZ, HOT, and USDC. Many trading pairs are found on the young DEX, against NEO, ETH, and GAS. Volume on this exchange remains low, however, perhaps resulting from the stubbornly stagnant slump in prices.

NEO Vulnerability Allows Hackers to Steal Users Tokens, Chinas Tencent Warns

NEO users may be at risk of having their funds stolen, as a security vulnerability could see hackers steal their funds using remote access to their wallets, according to China’s internet giant Tencent.

NEO Long-term Price Analysis- 27 November

NEO long-term outlook remains a bearish trend. The bears continued the ride to the south breaking major key levels and attaining lower low thanks to the marubozu candle of 19th November

NEO Long-term Price Analysis- 20 November

The long-term outlook for NEO continues in a bearish trend.  The bearish pressure was sustained below the 10-EMA until 14th November with the stronger pressure

NEO Long-term Price Analysis

The long-term outlook for NEO is a bearish trend.  The loss in momentum on 7th November by the bulls after pushing NEOUSD to a high at $17.61 in the supply area led to the bears’ gradual return.

NEO Long-term Price Analysis

The long-term outlook for NEO is a nice bullish trend.  The last strong bearish pressure that started on 4th September at $25.30 in the supply area after bullish rejection at the 50-EMA came to a reasonable end on 31st October.

NEO Jumps Over 5% to $16, Unfazed by Its Networks Congestion

NEO, a top cryptocurrency “designed to build a scalable network of decentralized applications,” has recently seen its price jump over various factors, including token airdrops and the upcoming launch of a new decentralized exchange (DEX).

Dutch Telecoms Giant Royal KPN Confirmed As NEO Full Node Operator

The Netherlands-based phone and internet giant, operating a NEO testnet node since January, has been approved by token-holding voters of NEO as a full consensus node.

NEO Name Service Sees Users Register Over 10,000 .Neo Domains in Its First Month

The NEO Name Service (NNS) decentralized application, launched by a China-based community of open-source developers called NewEconoLabs, has seen NEO users register over 10,000 .neo domains in its first month.

Jack Yeu Reveals Switcheo Will be the First ETH/NEO Trading platform

Switcheo Network co founder Jack Yeu has announced that the NEO-based DEX platform is set to become the first ever ETH/NEO trading platform, offering services to support both frameworks with an all new trading interface and a new ERC-20 non-custodian trading platform to support Ethereum-based tokens.

NEO vs TRON: How NEO Lost a $170 Million Bid to Buy BitTorrent

TRON’s acquisition of BitTorrent marks an important milestone for crypto companies, as it is one of the first times a cryptocurrency project has acquired a well-established business entity. However, it wasn’t the only cryptocurrency project to bid, NEO lost with a $170 million bid.

$37 Million In Ontology (ONT) Airdropped To NEO Token Holders

Ontology’s mainnet launched recently and eligible NEO token holders are to receive $37 million in cryptocurrency. Ontology’s “ONT token distribution” reportedly rewards NEO’s investors because of their contributions leading to Ontology’s success.

Choosing a DApp Platform: Ethereum, NEO or EOS?

Since the Ethereum ICO market exploded many new platforms have entered the market and now there is a real competition between DApp platforms for investment as well as attracting the brightest developers. We cover the pros and cons of the three DApp titans: Ethereum, NEO and the controversial EOS.

Quantitative Sentiment Analysis: Crypto Market Rally to Slow but NEO is Bullish

Quantitative sentiment polarity has decreased over the last few days which suggests the recent bullish action is coming to a close. Overall exposure of crypto related tweets continues to drop but may be due to Twitter deleting bot accounts. Individual sentiment analysis on NEO shows bullish sentiment.

CNBC’s ‘Crypto Trader’ Bearish on Bitcoin, Very Bullish on Cardano and NEO

On Thursdsay (28 June 2018), Ran Neu-Ner, host of CNBC Africa’s “Crypto Trader”, explained why he believes Bitcoin will go even lower within the next couple of weeks, but remains very bullish on Cardano and NEO.

Neo Price Analysis – May 31

Neo is bullish in the medium-term. Yesterday’s breakout from the $53.45 upper supply area may likely be a confirmation that the bulls have taken over the market.

Neo Price Analysis – May 30

Neo returns to the range in the medium-term. The bears’ further downward push of the price was rejected at the $47.50 demand area, leading to the bulls’ return.

Cardano and EOS Achieve Highest Technology/Adoption Grade (A-) in Latest Weiss Crypto Ratings

The latest highly controversial Weiss Cryptocurrency Ratings have been released and with regards to “Technology/Adoption”, Cardano and EOS have come out on top.

Neo Price Analysis – May 29

Neo’s bearish trend continues in the medium-term outlook. The bears continue to dominate the market with strong momentum creating lows in price.

Neo Price Analysis – May 28

Neo is bearish in the medium-term outlook. The bears kept the momentum up creating fresh demand area after breaking the $50.00 demand zone.

Neo Price Analysis – May 25

A bullish bias remains in the medium-term outlook of Neo. The bears did ensure the $50.00 demand zone target was finally achieved as they pushed further down from the $55.00 supply area.

Neo Price Analysis – May 24

A bullish trend is set to resume in the medium-term outlook of Neo. The bears failed to hit their target at the $50.00 demand zone but managed to push the price down to a fresh demand area at $51.00.

Neo Price Analysis – May 23

Bearish trend returns in the medium-term outlook of Neo. The bears successfully won the consolidation and broke the $57.00 lower demand range of yesterday’s analysis.

Neo Price Analysis – May 22

Neo goes into a ranging scenario in the medium-term outlook. The $69.00 supply zone target was a mirage for the bulls as they lost momentum and managed to just push the price  to the $66.50 supply area.

Neo Price Analysis – May 21

The bulls are back in the medium-term outlook of Neo. The bears’ pressure that started on April 30 when the price was at the $94.00 supply zone came to an end on May 18 at the $56.00 demand area.

Neo Long-Term Price Analysis

The bears continue to dominate Neo in its long-term outlook. The bulls never got enough momentum to push the cryptocurrency’s price up again, after a strong bearish push that broke the critical demand zone at $70.00.

Neo Price Analysis – May 18

The bears are still dominating in Neo’s medium-term outlook. The bears’ pressure was really strong as they broke through the strong demand area at $59.00, at the fourth touch.

Neo Price Analysis – May 17

The bears are still in control of Neo in the medium-term. The bears kept the momentum up and pushed the price down into the $59.00 demand area again.

Neo Price Analysis – May 16

The bearish trend continues for Neo in the medium-term. The bears were not letting go of the market as they kept increasing their momentum, pushing the price further down to the $59.00 demand area

Neo Price Analysis – May 15

The downtrend continuation in Neo in the medium-term is still valid. The bears’ dominance is still intact as they pushed the price down to the $62.00 demand area many times.

Neo Price Analysis – May 14

The downtrend continuation is smooth for Neo in the medium-term. The bears did exactly as analysed last week breaking the $60.00 demand zone in a unique style.

Neo Long-Term Price Analysis

The bears are now in charge of Neo on the long-term. The bulls lost their grip of the market, which they have been holding on to since April 8, to the bears on May 3.

Neo Price Analysis – May 11

The downtrend continuation in Neo on the medium-term is valid. As mentioned yesterday, a more bearish move will be seen in the market as the bulls lost momentum at the $77.00 supply area

Neo Price Analysis – May 10

Neo enters consolidation in the short-term. The bullish move that took price from the $73.00 demand area could not be sustained past the $77.00 supply area as Neo enters consolidation. Patience is needed to wait for the breakout to the north or breakdown to the south which is imminent.