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NEO Price Prediction for 2021, 2022-2025 and Beyond

NEO is a popular blockchain project that currently ranks 23rd out of all cryptocurrencies on Coinmarketcap, making it one of the most popular altcoins. In this article, we’ll take a closer look at the short- and long-term NEO price predictions and, in particular, the predictions for the future. But we’ll also discuss the current NEO coin rate and the historical data of the coin.

The article covers the following subjects:

Everyone naturally wants to know what the NEO price will be in the future. There are many NEO price predictions on the Internet, but which one should you take seriously? It is best to make your own judgment about the potential of NEO. You do not have to follow all predictions indiscriminately. Many of the predictions have been made by people who benefit from your investment. On this page, you will find the necessary facts that you can use to answer the question for yourself: “Is NEO a worthwhile investment?”

What Is NEO? 

NEO, in short, is a blockchain project from China founded in 2014. It used to be called Antshares, but this changed later. NEO is also called the Chinese Ethereum because they are strongly committed to creating a smart economy. This means that the developers of the project want to make it easy to use smart contracts on the NEO network.

For a trader to use the NEO network, a second cryptocurrency is used –  namely, GAS. This can be considered the fuel of NEO. One share of NEO is also seen as one share in the network, and the GAS cryptocurrency is used to make transactions on this network.

By saving your NEO in official wallets, it is possible to earn GAS with your NEO. This is due to the proof of stake principle. You simply deposit your NEO coins in your wallet and receive a portion of the GAS spent on the network in proportion to the amount of NEO you own. It is thus possible to generate some kind of passive income for yourself. You can imagine that when the NEO price or the GAS price rises, you will benefit from the price difference on your NEO but also that of your obtained extra GAS.

This is one of the reasons people invest or have invested a lot in NEO in the past. Over the years, as with any project, a lot has happened with the NEO trend. We should add that it’s not possible to mine NEO coins because they were all distributed during the ICO. 

NEO in 2020: Some History

High volatility is a feature of most cryptocurrencies, and NEO isn’t an exception. Some historical data will help you build NEO projected values.

In 2020 NEO was below $10 at the beginning of the year and touched the lowest point of the year of $4 on March 13 (at Bitfinex exchange). Yet, the NEO value managed to jump to $25.90 by September 18. At the end of the year, the NEO/USD pair settled near $14. 

It’s well-known that small cryptos copy movements of BTC/USD. Thus, most of the ups and downs of the NEO/USD pair just repeated Bitcoin’s trends. For instance, the coronavirus hit financial markets in March 2020 the most, resulting in downtrends in the crypto world, pushing Bitcoin and NEO down. 

Still, some events caused divergence in the direction of prices. At the end of July, NEO partnered with the Blockchain-based Services Network. BSN is a global infrastructure that offers a cheap platform for blockchain projects and similar companies, creating a digital economy. This event pushed the NEO rate up. You can see how NEO coin news can affect the price of the cryptocurrency. 

The last NEO all-time high price was 196.85 USD on January 15, 2018, it is much higher than in 2020. A strong bullish trend that began after the June 2017 rebranding pushed NEO price to its all-time high. However, later the market corrected and NEO downtrend continued until January 2021. The NEO/USD today’s rate is: $27.93

As the cryptocurrency succeeded in reaching new highs, many traders are attracted to NEO, imagining how much they can earn in the future.

NEO 3.0 Release and How It Can Affect NEO’s Price

The NEO team was working on the project for three years. The Crypto world has been waiting for the NEO 3.0 release since the end of 2020. The launch was postponed several times. However, in March 2021, Neo started rolling out an N3 version of its public blockchain infrastructure. 

NEO 3.0 Preview. NEO tries to attract developers to create decentralized applications on the blockchain. The improved consensus protocol can be used worldwide. The upgrade of the system occurs when the Ethereum network (a major competitor of NEO) is suffering capacity problems. Moreover, China, famous for its strict crypto regulation, claimed blockchain as a strategically leading technology. 

The key points of the N3:

  • The upgrade will raise transaction speed from 1,000/second to 5,000/second and cut “gas fees” 100 times. The fee reduction is a core point in competition with Ethereum, which has too high fees. 

  • A new version will include a decentralized file storage solution and a new governance mechanism. Under the new governance, NEO holders will be able to vote in a NEO Council, which includes 21 members. The Council will control the management of fees, network upgrades, and other operation-based cases.

  • N3 can become a good place to create non-fungible tokens. 

Poly Network, a consortium interoperability protocol, is used to facilitate NEO token migration to the new network. The migration with Poly Network will show whether the network works well to create a blockchain from scratch and transfer all the data from the existing chain without errors. 

Here are some of the major elements of the NEO 3.0 network that are supposed to attract developers to the system: multi-language support, native oracles that secure access to any off-chain data, advanced interoperability, decentralized storage, and self-sovereign identity, best-in-class tooling, and a dual-token model. 

In the middle of April 2021, after NEO 3.0 started rolling out, the NEO/USD pair managed to hit $130. It’s a significant rise from 0.0320 USD during the ICO in August 2017. 

Analysts and crypto enthusiasts believe that it’s not the limit and that further development will lead to higher prices. 

NEO Price Prediction for 2021 by Crypto Experts

NEO, thanks to its great potential, is a better long-term investment than many other cryptocurrencies. A release of N3 is a springboard for the NEO price. Let’s get a foretaste of the NEO future value by looking at the predictions given by famous crypto traders and reputable publications.

Wallet Investor

Wallet Investor believes that, during 2021, the maximum rate of the NEO/USD pair won’t be able to touch 130 USD again. After hitting $150 in May, the price will move down, fluctuating within a $62-120 range. Only in December 2021, the price will jump to 129.5 US dollars. 

Long Forecast

This famous forecasting agency predicts an uptrend for NEO from August 2021. The highest rate may reach $184 in October; the lowest price of $110 is still not far from the current rate. Until August, the price will move within the $72-146 range.

CryptoGround 

CryptoGround platform forecasts the NEO will experience an uptrend, although it won’t be significant. In June, the price is expected to stay near $105.78; by November, it will surge to $120.26. At the end of the year, the NEO coin may rise to $124.6.

InvestingCube 

The website sees NEO targeting 150 USD shortly. However, after bulls take profit, there can be a decline to $55. 

TradingBeasts  

By the end of the first half of the year, the NEO price is expected to be at $81.801. The maximum price in June may reach $102.252; the minimum rate will be set at $69.531. In the second half of 2021, the NEO/USD rate won’t climb above $110. The minimum price will stay above $70. 

Coin Price Forecast

Coin Price Forecast website has predicted a continuation of the started uptrend. By July 2021, the price may reach $208. At the end of the year, $478 may become the next threshold.      

NEO Technical Analysis

In the NEOUSD technical analysis, like in that of any other trading asset, I suggest we start with the longest timeframes.

The above chart displays the NEOUSD monthly timeframe. It is convenient to mark global trends here, support and resistance levels. First, we should identify the current trend.

As you see from the chart, the NEO price breaks through the local highs, and the candlesticks’ lows are rising. There is a clear bullish trend.

Blue dots in the chart mark the peaks of trading volumes in 2019 and 2020. Opposite, there are Japanese candlesticks, which we should analyze to identify closing levels, lows, and highs. These figures will define the key support and resistance levels.

Let us start the analysis with the latest point in July 2019. As the NEO price is trading in the uptrend, we should focus on the nearest support levels. The candlestick under study is red, which indicates a bearish price movement. We should also note the candlestick close and low. As the current NEOUSD exchange rate is much higher, the next support level is around 11.63.

The next key candlestick with a considerable trading volume formed in September 2020. It is clear from the chart that its high at 25.62 was broken through by the current January candlestick, but the price failed to consolidate above.

The most recent January candlestick is green; its body covers the candlestick bodies over the previous four months. Therefore, the NEO bullish price movement is likely to continue.

NEO price prediction for three months

The weekly NEOUSD price chart above presents a technical analysis of the NEO one-week timeframe. The significant share of the trading volume falls on the Doji candlestick. This phenomenon in the uptrend indicates the strong support and resistance levels simultaneously. The MACD bearish divergence shows the sellers’ strength. Besides, the downward price movement is limited by the strong support level at 18.58 from the level of the September candlestick close.

Therefore, the most likely scenario is trading flat in the range of 18 – 28. The price is likely to retest the support level at 20 USD. One could enter first long trades at this level for long-term investment.

However, if you look at the NEOUSD historical data, you will see a similar fractal with a rise of two tops and a deep correction between the peaks. Therefore, such a scenario might repeat in February.

Spare at least 2/3 of the balance to average the position at about 15 USD. This level marks the trendline and strong support from market makers. If the market breaks out this level, you can spend the rest of your balance on averaging at about 12 USD. You should close the buy position if the NEO price moves below 11.63 USD.

NEO price forecast for 2021

Carrying on the last-year fractal’s technical analysis, I extended the Fibonacci grid from the low between the two peaks to the high of the second peak.

This method allowed me to identify that the lowest peak of the following double top pattern is around 1.8.

Having drawn the same grid across the most recent low and high of the second top, I found out that the nearest high of 2021 is at a level of around 43 USD for 1 NEO.

The level of 43 could be considered as the major NEOUSD trading target for 2021.

Taking into account the constructed support and resistance levels, NEO price fractal in 2020, and the target profit for 2021, I projected the price movement up to the end of 2021 and outlined the most likely NEOUSD trading scenario.

Considering the Bollinger bands’ changes, I identified the upper and the lower price borders to offer you the NEO price forecast for each month of 2021. The aggregated data are in the table below.

Month NEOUSD price
Low High
June 2021 17.5 21.44
July 2021 17.6 21.5
August 2021 19.3 28.8
September 2021 22.4 34
October 2021 27.7 40.3
November 2021 34.7 45.4
December 2021 33.7 42.26

The NEOUSD price technical analysis is presented by Mikhail Hypov. 

Weekly Elliott wave NEO analysis as of 19.07.2021

The NEOUSD market must be forming a long-term linking wave (X) as a double zigzag W-X-Y. Sub-waves W and X have completed. There has started the down motive wave Y; it is unfolding as a double zigzag [W]-[X]-[Y]. Let us explore the initial part of the bearish wave [W] in more detail in a shorter timeframe.

Wave [W] should be developing as a simple zigzag (A)-(B)-(C). There is forming the final leg of the bearish impulse wave (A). After the (A) wave completes, the price will turn up and start rising in the bullish correction (B), as outlined in the chart. The NEO price should be rising to a level of 53.00, where wave (B) will be 23.6% of the (A) impulse. One could enter purchases under the current conditions.

Weekly NEOUSD trading plan:

Buy 29.84, TP 53.00

NEOUSD wave analysis is presented by independent analyst Roman Onegin.

NEO Price Prediction for 2022 by Crypto Experts

2022 is close. Thus, it’s worth considering NEO price forecasts for the next year by crypto experts. 

Wallet Investor

During the first four months of the year, the NEO/USD rate may jump to $160; the minimum price won’t fall below $89. Since May 2022, the bulls’ strength may weaken. However, the minimum rate won’t be below $80. By the end of 2022, the maximum price will overcome $160. 

Long Forecast

According to the Economy Forecast Agency’s website, NEO’s price will fluctuate within the $119-227 range. The uptrend will strengthen since July. 

CryptoGround 

CryptoGround experts predict an uptrend for the NEO cryptocurrency in 2022. By the end of the year, the NEO/USD exchange rate may reach $176.66. 

TradingBeasts 

TradingBeasts provides one of the most pessimistic forecasts for NEO. The cryptocurrency’s average price will stay within $89-105.80, which is lower than the current price of $109 (at the time of writing on May 5, 2021). The highest price may reach $132 in December. 

DigitalCoin 

DigitalCoin, like most of the other forecast platforms, believes in the upward movement of the NEO/USD price. During the year, the average price won’t move below $180. NEO/USD may even hit $200.

Coin Price Forecast

Coin Price Forecast expects the exchange rate to jump to $574 by July 2022. Although the website predicts a downward movement in the second half of the year, the price will still be high – $555.  

Long Term NEO Price Prediction for 2025-2030 by Crypto Experts 

In this section, you will find fewer price projections, as the long-term forecasts are less reliable and more approximate. Many factors affect the cryptocurrency rate. That’s why it’s so hard to build accurate predictions. 

DigitalCoin 

DigitalCoin website is optimistic about the long-term price direction. The average price will start the considering period at $320.45, coming to 2029 at $492.76. However, the platform doesn’t provide projections for 2029 and 2030.

Long Forecast

The Economy Forecast Agency can submit only a partial forecast for 2025. Until May 2025, the price will suffer, trading in the range of $61-95. The situation will improve in May-June. In June, the highest rate may skyrocket to $142.

CryptoGround 

According to the CryptoGround website, the price will keep rising. Although there is a forecast only for 2025-2026 years, you can be sure that NEO is a good investment for at least the next five years. In 2025, the average price will stay at $241.44; in 2026, it will move up to $275.83. 

Wallet Investor

Wallet Investor platform is not ready to provide a forecast for 2027-2030. Still, it has some projections for you. By the end of 2025, the price may overcome $300. At the same time, the minimum price since June is always below $100, which is a sign of high volatility. 

The forecasts for 2026 finish in May. Still, based on this information, we can say the uptrend will continue. The highest price will hold above $300. The lowest price won’t decline below $80. Again a big price difference is a signal of big market fluctuations. 

NEO Coin Price Forecast

Unlike other analysts and crypto experts, the Coin Price Forecast platform sees the NEO/USD price above $1000 in the next ten years. 

Year

Mid-Year

Year-End

Tod/End,%

2025

$1,837 

$2,242

1,954%

2026

$2,436 

$2,796

2,461%

2027

$3,171 

$3,730

3,317%

2028

$4,201 

$4,441

3,968%

2029

$4,829 

$5,592

5,023%

2030

$6,114 

$7,001

6,314%

How Did the Price of NEO Change Over Time?

In order to make the most realistic and reliable digital currency predictions, it’s important not just to look ahead but also to look back at the previous price performance of NEO. Below you can see how the NEO price changed from 2017 to 2020: 

Source: Coinmarketcap

Is NEO a Good Investment?

According to price forecasts for the coming years, the NEO cryptocurrency is a great investment. Although most of the predictions don’t see the coin above $1,000 within ten years, there may be a sharp uptrend for years. 

If the NEO 3.0 upgrade succeeds and attracts more investors, winning a competition with the Ethereum network, the forecasts will be reviewed to higher levels.  

GAS Dividend From Your NEO

The more NEO you own, the more GAS you will receive. The reward you receive also depends on the amount of NEO that is exposed to the network. “Low” NEO prices mean you can buy more of it, and more NEO = more GAS. 

5 GAS tokens are created every block and shared between three parts. 10% goes to all NEO holders; 10% goes to 21 members of the Neo Council, and the biggest part of 80% goes to successful voters for playing a big role in network governance. 

0.00000001 is the minimum unit of GAS. To claim GAS tokens, you are not required to stake NEO. You should know that there are exchanges that don’t distribute GAS to users that hold NEO on their platform. 

Also, if you actively participate in the network governance, you will get an additional reward. Be sure a wallet you choose supports voting. 

Let’s imagine you invested $10,000 to buy 90 NEO. At the time of writing, May 5, 2021, this means that you could exchange them for 631 GAS

A user with 90 NEO would receive up to 0.08 GAS per month for holding NEO plus 3.15 GAS per month for governance participation. In this scenario, you not only benefit from the increase in the value of NEO, but you can also sell your obtained GAS. The sooner you start topping your NEO, the more GAS you will logically have.

The prices are relatively low compared to the all-time high ($97.49 on January 15, 2018). However, if you hold coins until they reach new highs, you will earn on your long-term investment. 

No one saw it coming when NEO’s massive price rose to well over $190. The same may well be the case for the subsequent decline from the all-time high ($196.85 on January 15, 2018). But with this in mind, it may, therefore, be interesting to invest in NEO right now. Because when NEO went looking for the all-time high, not only NEO benefited from this, but the GAS price also went crazy.

The GAS price at the same time was around $100, while the current GAS price (May 5, 2021) is fluctuating around 16 USD. The GAS coin price can be found below: 

Source: Coinmarketcap

Conclusion

Based on the averages of algorithms and expert opinions, the price of one NEO coin will be above $500 in 1 year, which is roughly 4x higher than the current NEO price. This makes NEO a worthwhile long-term investment. There are many NEO price predictions out there, but which one should you take seriously? It is best to make your own projection about the potential of NEO. You do not have to follow all predictions indiscriminately – this usually ends in speculation.

Year

Mid-Year

Year-End

Tod/End,%

2021

$208

$478

338 %

2022

$574

$555

408 %

2023

$877

$954

774%

2024

$1,349

$1,487

1,262%

2025

$1,837

$2,242

1,954%

2026

$2,436

$2,796

2,461%

2027

$3,171

$3,730

3,317%

2028

$4,201

$4,441

3,968%

2029

$4,829

$5,592

5,023%

2030

$6,114

$7,001

6,314%

Source: Coin Price Forecast

Make sure to register a free demo account on LiteForex; it will help you see how the NEO price prediction is going to play out in the future so you can make your own investment and trading decisions. Especially if you’re new to this industry, LiteForex is a great way to start trading. Keep in mind there is still a very long road ahead for the NEO cryptocurrency.

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Price chart of NEOUSD in real time mode

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.

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