NEO is currently trading at $3.74, exhibiting a slight decline of 0.83% over the past 24 hours. The price has fluctuated between a daily high of $3.88 and a low of $3.68, indicating a daily range of 0.20%, reflecting relatively low volatility in the current market conditions.

The trading volume of 11,530,519 contributes to a volume-to-market cap ratio of 4.36%, suggesting moderate investor interest. Moving averages reveal mixed signals, with the 8 and 13-period SMAs showing positive momentum, while the longer 21 and 55 SMAs are either flat or gaining, indicating potential upward pressure in the near term.

The 1-hour RSI stands at 49, indicating neutral momentum, while the 7-day RSI at 55 suggests a slight bullish sentiment but not yet overbought. However, a more concerning trend is observed in the 14-day price change, which has declined by 5.10%, alongside a significant drop of 14.44% over the past 30 days, hinting at underlying weakness.

Considering NEO’s current price relative to its all-time high of $198.38, the cryptocurrency remains significantly undervalued. While short-term indicators show potential for upward movement, the longer-term trends and recent price performance suggest caution.

Given the mixed signals from technical indicators and the overall bearish trend observed over the past month, a Hold rating is warranted. This strategy allows investors to monitor potential stabilization or recovery signals before committing further capital, while also remaining aware of the broader market conditions.