My Price Sentiment Analysis on the NEO (NEO) Cryptocurrency!

Currently, NEO is ranked as the number-eight biggest cryptocurrency. But what's up with this mysterious altcoin, and is it worth buying?

Let's answer that question by running a quick price sentiment analysis on NEO:

Trading Patterns for NEO

The NEO cryptocurrency last established strong trading patterns between the $30 and $40 level. From there, it rapidly shot up to the $130 to $150 range before correcting in the most recent cryptocurrency fallout.

Presently, the NEO price stands at just under $112. The next logical target is for NEO to hit $150, where we see the aforementioned strong trading activity.

Is NEO Worth It?

Perhaps. I could see it easily go to $150, and then from there, a $200 trip is well within reach. That roughly doubles my money from where we are.

However, I look at it this way -- I see more upside potential in several other altcoin assets, like the Cardano (ADA) cryptocurrency that I previously covered.

So it's up to you, but I see somewhat limited upside.