? Neo Price Prediction

Neo — commonly referred to as the “Chinese Ethereum” — is an open-source blockchain that utilizes smart contracts and allows developers to produce decentralized applications. Unlike ETH, which is coded entirely in Solidity, Neo allows developers to use several different languages including C#, C++, and Java when coding smart contracts. The Neo coin (previously called AntShares) was China’s first digital coin that was officially launched in June 2017 by an active and large team of in-house and third-party developers. Neo is much more than just a digital currency: the company’s ultimate goal is to become the framework for a next-gen Internet. The project strives to further advance the concept of Smart Economy where any physical asset — be it money, shares, or real estate — can be converted into a digital asset via smart contracts. The Neo community uses an additional cryptocurrency — Gas. Neo users can earn Gas by holding Neo in their wallets. The Gas they receive can later be spent when interacting with the blockchain. Neo is backed by the Chinese government, which had historically been on the fence when it comes to digital assets. The coin has shown to provide good investment returns. It’s relatively easy to code on the Neo platform (unlike Ethereum, where developers need to learn Solidity before coding smart contracts).

Despite the fact that 100% accurate technical analysis for Neo cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated NEO buy-and-sell rating for selected timeframe. The summary for NEO/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Speaking of long-term Neo price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that Neo price will grow further and eventually reach $17.0052 by the end of the decade. TradingBeast’s price prediction for Neo echoes with the projection of an uptrend to $35.29372. Despite this, WalletInvestor’s vision remains not so positive, promising a downfall to $5.33885.

PricePrediction.net has only pessimism in store for the 2025 Neo price prediction, valuing Neo at $7.3536 by the end of 2025. WalletInvestor agrees with a negative forecast and predicts, in turn, $2.855 for the same period. On the other hand, TradingBeast’s team is more optimistic — their Neo price prediction for December of this year is just $18.007.

Neo price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $13.951–$18.1542 range (TradingBeast, PricePrediction.net), while WalletInvestor takes a different view and cites the possibility of the price reaching $4.489 in December 2024.

In their Neo price predictions for 2023, TradingBeast forecasts the coin’s price to go down to $11.004 by December. Forecasting Neo future, WalletInvestor expects further decrease of its price, too, saying the Neo price will reach ~$2.685 by that time. On the contrary, PricePrediction.net keeps predicting Neo price growth, quoting prices around ~$15.1668 in 2023.

As for Neo price predictions for the rest of 2022, there are divergent opinions. TradingBeast expects a downturn towards $11.381, and WalletInvestor echoes with ~$1.612 by the year’s end. Other experts, for example, from PricePrediction.net, are more enthusiastic about Neo’s future price, citing upwards of $21.831 in December.

Below we have collected the most reliable price projections for Neo (NEO) from popular forecast platforms.

Summary

As it can be clear from the analysis cited above, Neo (NEO) projections are rather contradictory. There is no universal consensus either about positive or negative future NEO price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Neo projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).

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Disclaimer:

This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.