- 1
NEO price is seen reclaiming its current support level and is raging towards its resistance level. - 2
The current trend in NEO is negative based on the bearish pattern formed. - 3
The 2027 price prediction of NEO shows a CAGR of 50.96%
The NEO coin (NEO) is trading at the level of $11.78 after facing a constant bearish trend. The bears got a grip on the share price after the bulls held back in November 2021. The strong selling forces broke a major support level of $29.5 during that year which brought a downturn in the coin. However, at present, the bulls have rebounded from the support level of $5.54 and are rising towards the immediate resistance of $15.90.
NEO Price Prediction 2024-2027
Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) | Growth in % | Volatility change |
2024 | 11.52 | $17.22 | 22.91 | 93.99% | 199% |
2025 | 14.08 | $22.48 | 30.88 | 34.79% | 219% |
2026 | 27.46 | $35.86 | 44.26 | 43.33% | 161% |
2027 | 35.01 | $48.18 | 61.34 | 38.59% | 175% |
NEO Price Prediction 2024
Based on the weekly price analysis, experts predict that NEO may experience a significant surge of around 93.99% from its current levels and reach a new 52-week high of $22.91 by 2024. On the other hand, the lowest possible price for NEO in the same year is estimated to be $11.52.
NEO Price Prediction 2025
According to the analysis, the projection for 2025 indicates a relatively modest increase compared to last year. The estimated potential high for NEO is $30.88, representing a growth of 34.79% from the previous year’s high. The yearly average price is expected to be around $22.48, with a possible low of $14.08.
NEO Price Prediction 2026
In 2026, the NEO coin is expected to show a growth of 43% from the previous year’s high. The potential high for the NEO coin in 2026 is $44.26, while the potential low could be somewhere near $27.46. However, the average volatility can be moderate at 161%, while the average price is $35.86
NEO Price Prediction 2027
It is expected that the NEO coin will see a substantial rise of about 38.59% from its current price in 2024. Based on the price forecast for NEO coin this year, the highest potential price for NEO is estimated to be $61.34. However, if the bears take over, the lowest price may fall to $35.01.
Conclusion
The NEO coin price prediction for 2024 to 2027 suggests that the coin will show a bullish move. However, in 2026, some slow movement can be expected in the growth of NEO coin price. The CAGR for the period is close to 50.9%.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos or related indexes comes with a risk of financial loss.
Source: https://www.thecoinrepublic.com/2023/11/15/neo-price-prediction-2024-to-2027-will-neo-hit-50-soon/