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Market Overview
NEO/USD closed at 5.113 on October 29, 2025, reflecting a slight decline of 0.02% from the previous close and continuing a downtrend with a 30-day return of -3.67%. The price remains below the 20-day SMA of 5.130 and the 50-day and 200-day SMAs, indicating persistent bearish momentum. The RSI suggests weakening buying pressure, while nearest support is around 5.03 and resistance near 5.32. No significant upcoming events are currently noted to influence price action. Technical indicators confirm the downtrend, with the 5-day SMA at 5.116 and price trading just below it. For information only.
Last Updated 10/30/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.