NEO price analysis: NEO/USD down 6.5% on a daily basis as recovery seems to be over

NEO/USD long-term picture remains bearish.
Critical support comes at $32.00.

Tanya Abrosimova Independent Analyst

NEO, the 13th largest coin, is trading at $34.78 to press time, having lost over 6.5% on a daily basis amid global correction after a strong rally. China's flagship coin with a market value of $2.2B with an average trading daily volume at $113M slipped to the 13th place, which is now taken by Dash.

NEO's technical picture

NEO is capped by 50-DMA, currently at $39.30. A sustainable movement higher is needed to provide strong upside momentum with the next aim at $40.00. However, this area has proved to be a hard nut to crack, as selling orders, clustered around key technical levels, pus the coin back on any break attempt

On the downside, a lower board of the recent range at $32.00 creates strong support for the coin. That's where new buyers are likely to join the game and push the coin off the dangerous lows. If this area is broken, the coin will slip to $30.00 and $27.00.

NEO/USD, the daily chart

Author

Tanya Abrosimova

Independent Analyst

Ripple falters amid sell-off jitters and negative funding rates

Ripple (XRP) has come under pressure, drifting lower to $1.35 at the time of writing on Tuesday. The over 2% correction looks poised to erase the previous day’s gains, which lifted the remittance token to $1.42.

Bitcoin could risk $50,000 amid the US-Iran war, mirroring the Russia-Ukraine war losses

Bitcoin (BTC) remains at downside risk amid escalation in the Middle East war, as Iran retaliates against the US, Israel, and its neighbouring countries. Drawing parallels to the early days of the Russia-Ukraine war, Bitcoin could extend losses below $60,000.

Crypto Today: Bitcoin, Ethereum, XRP pull back as sentiment remains in extreme market fear

The cryptocurrency market is broadly in the red on Tuesday as the Middle East grapples with an escalating war. Bitcoin (BTC) is in a pullback, trading below $67,000 at the time of writing, and most altcoins follow suit.

Bitcoin slips below $67,000 as risk-aversion grows amid escalating US-Iran war

Bitcoin price slides 3% on Tuesday, nearly erasing the previous day's rebound. US-listed spot ETFs recorded an inflow of more than $450 million while Strategy added 3,015 BTC on Monday.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.