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NEO Price Prediction for 2022, 2023-2025 and Beyond

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Although NEO is still among the top-100 cryptocurrencies, it’s losing its position. In October 2021, it was ranked as 53rd in market capitalization by Coinmarketcap; the coin is now ranked 62nd as of the beginning of March 2022. The NEO network was launched in 2014 but failed to become one of the world’s leading blockchain platforms.

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. As cryptocurrencies experts claim, it’s quite possible that the price will break through the critical resistance area at $60 again in 2022.

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:

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 from 2020 to 2022: 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. 

NEO coin has experienced wild volatility spikes in 2021. The year started at the price of $14.25. In the middle of April, the coin showed rapid growth due to Bitcoin’s performance. Also, the reason for such spikes was the release of a newly updated version of the Go node for N3. The main difference from the previous version is that the tracking code now diverts from the implementation in the core C# client. The update has corrected a potential deadlock in nodes that have the optional notary service enabled. Moreover, wallet files are cleaned up properly after keys are removed. Chinese crypto regulation affects the NEO price, too. On April 19, in the early Asian session, NEO skyrocketed as the People’s Bank of China called cryptocurrencies “investment tools.” The country was going to issue new regulations, as stablecoins were turning into payment solutions.

This bullish trend continued to May 7. The cryptocurrency hit a new year-to-date high of $140.77 on May 7, 2021, and fell to $25.03 by July 20, 2021 (Bitfinex exchange). A harsh crash followed, as Bitcoin suffered greatly in the second half of May. 

The price gradually increased from $25.03 on July 20 to its recent high of $62.97 on August 24, growing by over 151% within a month. 

At the beginning of September, the price went up and crossed the $60 mark. However, it didn’t manage to stay this way, and the price correction began.

The long-term downtrend has been in force since September 2021. As of the beginning of March 2022, the NEO price is just near $20. However, the coin has chances to appreciate. 

Inclusion of the NEO-powered Jiuquan Chain in the ten chains that will form the Chinese mainnet is among recent developments that can push the NEO price. This integration grants Chinese citizens access to NFT markets that operate on the BSN Open Permissioned Blockchain and adhere to Chinese regulations. 

Another factor that can push NEO is the successful migration of assets from N2 to N3. Although N3 was launched on August 2, 2021, the network took time to transfer assets to avoid bugs or issues with the process. 

One more reason for the resurgence of NEO has been the successful launch of N3, the most advanced version of the NEO blockchain. 

Another reason for NEO’s rise is the launch of numerous NFT projects on N3. The launch of multiple NFT projects is accompanied by the introduction of several DeFi protocols on N3.

The last NEO all-time high price was 196.85 USD on January 15, 2018. Although the NEO price is too low to reach such highs in the near future, analysts expect the rate to stay near $20 this year.

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

The NEO/USD today’s rate is: $9.70

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

Since we mentioned NEO 3.0 as one of the leading factors that will allow NEO to skyrocket, we should explain this upgrade in detail. 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. The final release was on August 2, 2021.

NEO Price Prediction for the Rest of 2022 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 experts don’t see NEO at new highs. Still, in May, the cryptocurrency will be able to rise above $60, reaching the highs of September 2021. The price will be highly volatile, as the minimum rate is expected to fluctuate from $ 0.000001 to $13.70. Until June, the average price will be above $20. However, it will fall below $10 from September to October. By the end of the year NEO will recover but without significant jumps. 

Long Forecast

This famous forecasting agency predicts a downtrend for NEO in 2022. The cryptocurrency will return to $10. The highest level of $25.23 will be reached in March, and the minimum price of $7.53 will be set in October.

Month

Open

Low-High

Close

2022

Mar

24.47

13.45-25.23

14.46

Apr

14.46

11.30-19.51

12.15

May

12.15

12.15-15.08

14.09

Jun

14.09

11.01-14.09

11.84

Jul

11.84

9.25-11.84

9.95

Aug

9.95

7.85-9.95

8.44

Sep

8.44

8.44-10.31

9.64

Oct

9.64

7.53-9.64

8.10

Nov

8.10

8.10-9.88

9.23

Dec

9.23

9.23-11.46

10.71

CryptoGround

CryptoGround platform forecasts the NEO will experience an uptrend. At the end of the year, the NEO coin may rise to $44.64.

TradingBeasts  

TradingBeasts is conservative about the NEO future. Although the source doesn’t expect a fall, as the average price will fluctuate near $20 throughout the year, there won’t be solid price jumps. The maximum rate of $27.26 will be set in April. 

Coin Price Forecast

The Coin Price Forecast website projects a moderate bullish trend. By the middle of the year, the price will be traded at $29.83; by the end of 2022, it will reach $33.41.  

NEO Technical Analysis

Let’s start the NEOUSD technical analysis by exploring the monthly price chart outlook.

This year from May to April, the NEO price reached its peak. After the NEO price sharp rise, now a downward price movement is developing similar to 2018. Decline is accompanied with high volumes, which suggests sellers are interested in reducing NEO price.

Considering the historical case in 2018, when after the strongest growth the price returned to its base, now the projected NEO decline can rush to its historical low around 4 USD (marked with a red line).

NEO price prediction for three months

It is better to make a realistic NEO forecast for the short term on a smaller timeframe.

The weekly chart shows the current market situation much better. We can observe that the developing bearish trend has high potential because it is accompanied by an increase of sellers’ activity.

Another indirect sign that the expected fall will continue is the position of the MACD line. In May, it crossed the signal curve from top to bottom, thereby confirming the end of the previous bullish trend. At the moment, the indicator histogram remains in the red zone and there are no signs of a trend reversal.

Most likely, the future price will continue to decline. However, the intensity of the decline will decrease. There is now a break of the trend line and a continuation of the decline at a less acute angle.

A similar market pattern of price movement has already occurred in 2018. In the next three months, there is no reason for any other development. The expected NEO trading range is from 39 USD to 4 USD.

Long-term NEO forecast for 2021

Let’s conduct a technical analysis of the daily timeframe and make a forecast for 2021.

On the NEOUSD price chart above, you can see that the stochastic RSI is in the oversold zone. Without confirming signals from the MACD and candlestick patterns on higher timeframes, this signal is weak and, at best, can indicate a decline slowdown and possible consolidation for a short time.

Thus, after analyzing the history of prices using Bollinger bands and following the decline continuation, let’s project trading ranges for each month. As you can see, the NEO price chart will smoothly approach the support level of around 4 USD for most of the specified period.

When this level is reached, the price will most likely rebound and continue to move within a wide channel with a high around $40. Most likely, like three years ago, after sharp surges, the market will go into a protracted consolidation.

The table below shows the detailed NEOUSD price forecast for each month in 2021.

Month

NEOUSD price

Low

High

October

  2021

4

21

November

  2021

4

21

December

  2021

11

30

Long-term NEO trading plan

Let’s assess the potential of the NEO and make up an optimal cryptocurrency trading plan.

Obviously, having such a bearish scenario, it is necessary to consider short sell trades where the target is the support level 4 USD. It is difficult to predict how close the market will get to it, so I would focus on the level of 10 USD (the green line on the chart).

There are two levels for entering a short trade. The first order can be placed at the breakout of the local low around 26 USD  (blue line).

The last high of 39 USD (red line) can be used as a guideline for the stop loss. I would exit a trade with a loss after overcoming the 40 USD mark.

I would enter another short trade near the stop around 37 USD. This approach will allow you to average the position and break even if the market gets stuck in a narrow range. Be sure to consider the risks and do not risk more than 1% of the portfolio for the entire trade.

The NEOUSD price technical analysis is presented by Mikhail Hypov. 

Weekly Elliott wave NEO analysis as of 13.06.2022

The NEOUSD continues forming the linking wave (X) as an element of the global double zigzag (W)-(X)-(Y). The linking wave (X) is unfolding as a double zigzag W-X-Y, with waves W and X completed inside. There is forming the final motive wave Y as a triple zigzag [W]-[X]-[Y]-[X]-[Z]. Let us study the most recent chart section in more detail in the H8 timeframe.

The first four sub-waves [W]-[X]-[Y]-[X] must have completed in the bearish triple zigzag [W]-[X]-[Y]-[X]-[Z]. Sub-wave [Z] is unfolding as a simple zigzag (A)-(B)-(C). There is forming impulse (C), with the final leg 5 developing inside. The impulse should end at a level of 6.80, where wave [Z] will be 61.8% of the previous motive wave [Y].

Weekly NEOUSD trading plan:

Sell 10.68, TP 6.80

NEOUSD wave analysis is presented by independent analyst Roman Onegin.

NEO Price Prediction for 2023 by Crypto Experts

Analysts’ forecasts for 2022 differ a lot. Thus, it’s worth considering NEO price forecasts for the next year. Maybe they will agree on NEO price potential in 2023.

Wallet Investor

The average price is expected to trade near $30 until the middle of April. It will already break above $50 by the end of the month. At the beginning of May, the highest price will hit $80. However, the uptrend won’t be solid. A downtrend will begin in the middle of May. By the end of the year, NEO will be near $30 again. In July 2023, the cryptocurrency may plunge to $1.   

Long Forecast

According to the Economy Forecast Agency, there will be a moderate uptrend. The opening price in January will be $10.71, while the closing price in December will reach $13.73. The maximum rate will be slightly above $14. However, the price won’t fall below $7.

Month

Open

Low-High

Close

2023

Jan

10.71

8.37-10.71

9.00

Feb

9.00

7.03-9.00

7.56

Mar

7.56

7.56-9.38

8.77

Apr

8.77

8.77-10.88

10.17

May

10.17

10.17-12.63

11.80

Jun

11.80

11.80-14.65

13.69

Jul

13.69

10.70-13.69

11.50

Aug

11.50

11.50-14.27

13.34

Sep

13.34

10.43-13.34

11.21

Oct

11.21

9.50-11.21

10.21

Nov

10.21

10.21-12.67

11.84

Dec

11.84

11.84-14.69

13.73

CryptoGround

CryptoGround experts predict an uptrend for the NEO cryptocurrency in 2023. By the end of the year, the NEO/USD exchange rate may reach $67.40.

TradingBeasts 

TradingBeasts expects an uptrend in 2023. The average price will climb from $16.86 to $26.95 within the year. The highest price of $33.68 will be set in December. It’s unlikely NEO will fall below $13. 

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 will break above $30.23. The price volatility is expected to be limited, as the minimum price will be $27.20, and the maximum price will touch $33.04. 

Coin Price Forecast

Coin Price Forecast expects a downtrend. Starting the year at $33.41, NEO will fall to $32.37 by the middle of 2023. At the end of the year, the closing price will be $27.69. 

NEO Price Prediction for 2024 by Crypto Experts

Predictions of experts vary significantly. Some believe the price will break above the $100 threshold, while others see NEO below $10. Let’s have a look. 

Wallet Investor

In 2024, NEO may skyrocket to $100 in April. The average price will be near $50 throughout the year. However, the market volatility may be too high, as the minimum price may fall below $10 at the end of the year. 

Long Forecast

The source believes NEO will be weak in 2024. Starting the year at $13.73, it will fall to $9.42 by the end of December. The coin may be able to reach its highest rate of $18.15 in March. But volatility will be limited. The price won’t fall below $8.76.

Month

Open

Low-High

Close

Jan

13.73

11.72-13.73

12.60

Feb

12.60

12.60-15.64

14.62

Mar

14.62

14.62-18.15

16.96

Apr

16.96

13.25-16.96

14.25

May

14.25

13.01-14.97

13.99

Jun

13.99

13.99-17.37

16.23

Jul

16.23

14.04-16.23

15.10

Aug

15.10

12.35-15.10

13.28

Sep

13.28

13.28-16.48

15.40

Oct

15.40

12.41-15.40

13.34

Nov

13.34

10.43-13.34

11.21

Dec

11.21

8.76-11.21

9.42

CryptoGround 

The CryptoGround platform is still positive about the NEO future. The price may rise above $100, touching the $116.47 level by the end of 2024. 

TradingBeasts 

TradingBeasts analysts see the NEO average price within a narrow range of $27.90-$36.16. The highest possible rate will be set in December at $45.20. The lowest value of $23.72 will be in January.

DigitalCoin 

DigitalCoin website expects higher price volatility in 2024 compared to 2023. The average price of the year is $30.85. The highest possible rate is $34.52, while the lowest point is $25.26. 

Coin Price Forecast

In 2024, the price may increase insignificantly. The opening rate of $27.69 will reach $28.95 by July and end the year at $31.91. 

Long-Term NEO Price Prediction for 2025-2030 and Beyond 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 NEO price direction. The average price will start the considering period at $39.77. Although NEO won’t demonstrate a solid uptrend in 2025 and 2026, it will rise above $100 in 2031.

Year

Minimum Price

Average Price

Maximum Price

2025

$35.44

$39.77

$43.63

2026

$33.48

$37.08

$39.07

2027

$39.70

$50.46

$58.31

2028

$60.14

$66.58

$72.04

2029

$80.68

$86.14

$89.10

2030

$91.13

$93.97

$96.69

2031

$101.16

$107.30

$115.41

Long Forecast

The Economy Forecast Agency submits forecasts for 2025 and the first four months of 2026. The website is very pessimistic. The price will be above $10 only until August 2025. After that, the downtrend will lead NEO to levels below $5.

Month

Open

Low-High

Close

2025

Jan

9.42

9.42-11.70

10.93

Feb

10.93

10.16-11.68

10.92

Mar

10.92

10.92-13.27

12.40

Apr

12.40

12.40-15.39

14.38

May

14.38

12.22-14.38

13.14

Jun

13.14

12.13-13.95

13.04

Jul

13.04

10.18-13.04

10.95

Aug

10.95

8.56-10.95

9.20

Sep

9.20

8.08-9.30

8.69

Oct

8.69

6.79-8.69

7.30

Nov

7.30

6.52-7.50

7.01

Dec

7.01

5.48-7.01

5.89

2026

Jan

5.89

4.60-5.89

4.95

Feb

4.95

4.95-6.14

5.74

Mar

5.74

4.48-5.74

4.82

Apr

4.82

4.14-4.82

4.45

CryptoGround

According to the CryptoGround website, the price will keep rising. Although there is a forecast only for 2025-2027, you can be sure that NEO is a good investment for at least the next five years. In 2025, the average price will stay above $120; in 2026, it will move up to $160. In 2027, NEO will try to hit $200.

Wallet Investor

The Wallet Investor platform is not ready to provide a forecast for periods beyond 2027. Still, it has some projections for you. By the end of 2025, the price may overcome $120. 

In 2026, NEO will be even stronger. The cryptocurrency may come closer to $150. The source has projections only for two months of 2027. NEO will keep rising, breaking above $170. However, you should remember that the website expects high volatility. So, you should be careful when opening trades. 

Coin Price Forecast

Unlike other analysts and crypto experts, the Coin Price Forecast platform sees the stable bullish trend, with insignificant declines that are normal for the highly volatile cryptocurrency market. Still, the source is conservative. It doesn’t see NEO above $100 until the end of 2033.

Year

Mid-Year

Year-End

2025

$36.01

$40.06

2026

$38.73

$42.22

2027

$45.67

$49.10

2028

$52.50

$55.88

2029

$59.23

$62.56

2030

$65.87

$69.16

2031

$72.44

$75.70

2032

$78.94

$82.17

2033

$85.39

$88.59

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 2022:

Source: Coinmarketcap

Is NEO a Good Investment?

According to price forecasts for the coming years, the NEO cryptocurrency may be an interesting investment option. Although most of the predictions don’t see the coin above $200 within ten years, there may be an uptrend for years. Still, the cryptocurrency is highly volatile and forecasts widely vary. So, be careful trading NEO.

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 $2,000 to buy 100 NEO. At the time of writing, March 8, 2022, this means that you could exchange them for 457.59 GAS. 

A user with 102 NEO would receive up to 0.09 GAS per month for holding NEO plus 3.57 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.

 

Conclusion

Based on the averages of algorithms and expert opinions, the price of one NEO coin is not likely to be above $100 in 1 year. However, stable growth is predicted for the future. 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

2022

$29.83

$33.41

2023

$32.37

$27.69

2024

$28.95

$31.91

2025

$36.01

$40.06

2026

$38.73

$42.22

2027

$45.67

$49.10

2028

$52.50

$55.88

2029

$59.23

$62.56

2030

$65.87

$69.16

2031

$72.44

$75.70

2032

$78.94

$82.17

2033

$85.39

$88.59

Source: Coin Price Forecast

Make sure to register a free demo account on LiteFinance; 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, LiteFinance 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 LiteFinance. 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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