NEO Surges 239.24% in 24 Hours Amid Market Volatility

On SEP 2 2025, NEO rose by 239.24% within 24 hours to reach $7.279, NEO dropped by 739.08% within 7 days, dropped by 128.8% within 1 month, and dropped by 5135.79% within 1 year.

The recent 24-hour rally has drawn attention from traders and investors, despite a broader context of declining performance over longer timeframes. The sharp increase appears to have been driven by a combination of short-term speculative activity and positive on-chain movements. While the long-term bearish trend remains intact, the sudden upward swing suggests short-term interest has re-emerged.

Technical indicators have shown mixed signals. While the 20-day moving average continues to slope downward, the recent price action has crossed above key resistance levels that had been in place for several weeks. Additionally, the RSI has moved into overbought territory for the first time since mid-August, signaling a potential reversal point in the near term.