NEO overview: more pain ahead

NEO/USD is one of the worst-performing coins out of top-20.
The recovery potential is limited.

Tanya Abrosimova Independent Analyst

NEO is the 17th largest digital asset and one of the biggest losers of top-20 both on a day-on-day and a weekly basis. NEO/USD has lost over 6% since this time on Sunday to trade at $8.46 at the time of writing.

NEO, also known as a Chinese Ethereum, has been struck during this crypto winter. The coin has lost nearly 95% of its value since the peak at $195.00. While NEO/USD managed to recover from December 2018 low at $5.4, the recovery process still struggles to gain traction as we will need to see a sustainable move above $10.00 for the upside momentum to gain traction.

The first critical barrier is created by DMA200 at $12.40, though the recovery above that level looks unlikely at this stage as the daily Relative Strength Index (RSI) points to the South. The overall bearish sentiments on the cryptocurrency market also seem NEO bulls in check.

Meanwhile, speaking at NEO DevCon 2019, NEO co-founder Erik Zhang described the features and potential improvements of NEO 3.0 protocol. He explained that the primary goal of the protocol is to create a decentralized platform for large-scale commercial applications that will promote the development of a smart economy.

NEO/USD, 1D chart

Author

Tanya Abrosimova

Independent Analyst

Sonic Labs’ vertical integration fuels recovery in S token

Sonic, previously Fantom (FTM), is extending its recovery trade at $0.048 at the time of writing, after rebounding by over 12% the previous day. The recovery thesis’ strengths lie in the optimism surrounding Sonic Labs’ Wednesday announcement to shift to a vertically integrated model, aimed at boosting S token utility.

Midnight Price Forecast: NIGHT warms up as Hoskinson reveals March mainnet release

Midnight edges higher by 2% at press time on Thursday, driven by its founder announcing the mainnet release by late March at the Consensus 2026 event. The technical outlook for Midnight highlights a potential bottom formation that could ignite the next bullish trend.

Cardano Price Forecast: ADA eyes short-term rebound as derivatives sentiment improves

Cardano (ADA) is trading at $0.257 at the time of writing on Thursday, after slipping more than 4% so far this week. Derivatives sentiment improves as ADA’s funding rates turn positive alongside rising long bets among traders.

Top Crypto Gainers: Pippin rally logs over 75% gains, Aster and Kaia push higher

Altcoins, such as Pippin (PIPPIN), Aster (ASTER) and Kaia (KAIA) continue to trade in the green, defying the broader market pullback as Bitcoin (BTC) dropped to below $68,000. PIPPIN continues to rally and ASTER and KAIA show short-term recovery with possibilities of a breakout rally.

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: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.