- NEO/USD is doing well, but the upside may be limited.
- Intraday RSI points to a short-term sell-off.
NEO is doing well with over 8% growth on a day-on-day basis. The 16th largest coin touched $14.00 before retreating to $12.75 by the time of writing; however, the overall momentum is bullish as the price is moving within a rising channel. NEO’s market value increased to $837M, while an average daily volume is registered at $617M.