NEO is currently priced at $3.49, reflecting a 24-hour decline of 5.94%. The price has experienced a daily range of $0.25, with a high of $3.73 and a low of $3.48, indicating limited volatility in the short term.

The trading volume stands at approximately 15.37 million, which represents 6.26% of the market cap. This volume suggests a moderate level of interest, but the downward price trend may indicate selling pressure is dominating the market at this time.

Short-term moving averages are trending negatively, with the 8 SMA at $3.50 showing a 0.42% decline, while the 21 SMA and 55 SMA are at $3.58 and $3.68, indicating sustained downward momentum. The 144 SMA, at $3.67, reinforces this trend with a 5.00% drop, suggesting that bearish sentiment prevails over multiple time frames.

The Relative Strength Index (RSI) indicates oversold conditions, particularly in the 1-hour timeframe where it stands at 30, suggesting potential for a short-term rebound. However, the 7-day RSI at 48 indicates a lack of strong bullish momentum, as the price has also declined by 2.48% over the past week.

From a longer-term perspective, NEO has seen a significant decrease of 13.66% over the past 30 days, reflecting ongoing challenges in gaining upward traction. The cryptocurrency’s all-time high of $198.38 reached in January 2018 highlights the extent of its price decline, emphasizing a critical loss of market confidence.

Given the combination of current price action, moving averages, and RSI indicators, the market sentiment appears bearish with potential for a slight rebound. Thus, the recommendation for NEO is to Hold, as further confirmation of upward momentum is necessary before considering a Buy.