NEO Coin Rises Sharply, Could It Reach $2.68? Here's the Next Target

NEO Coin has again stolen the market's attention after prices moved higher in the last few days.

According to CoinMarketCap data, NEO was around $2,15 on August 24, 2026, up 5.66% in 24 hours, with trading volume reaching around $6.13 million, which increased 26,07%.

This momentum emerged after NEO recorded a fairly aggressive daily increase.

Historical data shows NEO rose 7.44% on August 19, 7.06% on August 20, and 11.20%on August 21.

On August 22, the price even touched $2.2782 before correction.

This situation makes the question of NEO's price target relevant again.

What is NEO?still have room to continue the rally and break through $2.68?

Key Takeaways

• NEO Coin is rising strongly during the last few sessions, with prices reaching $2.2782.

• Area $2,25 – $2,28becomes the initial resistance that needs to be broken through before pursuing higher targets.

• $2,68can be used as a taTechnical target is a bullish scenario, but it is not a guarantee that NEO price will reach it.

NEO Coin Rises, What's Driving the Rally?

Movement NEO Coin shows a fairly clear change in momentum.

After moving in the range $1,65– $1.85 in mid-August, the price started to strengthen and broke through several previous levels.

The biggest increase occurred on August 21 when NEO jumped 11.20% in a day.

At the same time, trading volume also increased.

CoinMarketCap recorded NEO volume of around $6.13 million in the last 24 hours, while its market cap is at around $152.15 million.

The increase in volume is important because it shows that the rally is not just due to price changes with thin market activity.

However, this volume is not enough to ensure that the bullish trend will persist in the long term.

One sentiment that has strengthened market attention comes from the CoinMarketCap community.

How to Buy Neo (NEO) | NEO to IDR | NEO to USDT

NEO Price Analysis: $2.28 Is the First Test

Technically, the $2.25 – $2.28 area is an important level to watch. NEO had reached $2.2782 on August 22 and touched around $2.26 again on August 23.

This means that the area is already showing selling pressure when the price tries to move higher.

If NEO is able to break through this resistance with increasing volume, the opportunity to reach the next target will be more open.

Conversely, failure to break through this area could cause the price to retest the nearest support.

In a bullish scenario, $2,68 becomes an interesting NEO price target to monitor.

From around $2.15, the target requires an increase of about 24.7%.

This figure is still a technical scenario, not a definite prediction.

Interestingly, if we use the range of movement from around $1.69 to $2.28 as the basis for the Fibonacci extension projection, the 1.6 area18 is around $2.64, which is pretty close to target $2,68.

This makes $2.68 a viable target if NEO manages to break out of the $2.25–$2.28 resistance.

Convert 1 NEO to USD - Neo to United States Dollar Exchange Rate

NEO Support to Watch

NEO to IDR via Bittime Market

On the downside, the 2.00 – 2.04 area provides important support.

August 24th data shows NEOit had fallen to around $2.1346, while on August 22 the price had reached $2.0430.

If selling pressure increases and NEO loses the $2.00 area, the short-term bullish momentum could weaken.

The price has the potential to return to the $1.90 area, which was previously a consolidation zone before the rally.

Therefore, the current price structure is quite simple: $2.28 is the main short-term resistance, while $2.00 is a key resistance area. Breakout from resistance with strong volume will strengthen the scenario towards $2.68.

Is There a Fundamental Catalyst for NEO?

Besides price momentum, network development also remains relevant.

Neo's official website notesNeo X MainNet v0.6.2 Upgrade Announcement on August 10, 2026, which brings a number of improvements over the previous version.

Neo also released Neo-CLI updates for TestNet and MainNet in June 2026.

Neo itself is a blockchain that focuses on smart contracts and concepts of smart economy. 

CoinMarketCap notes the network was developed to combine payments, identity, and digital assets within a blockchain ecosystem.

However, there is not yet sufficient basis to say that one particular technical update is the reason NEO has been rising in the last few days. BecauseTherefore, it is more appropriate to view the current rally as a combination of market momentum, increased trading activity, and bullish sentiment.

If you want to start trading crypto assets like NEO, you can register at Bittime and utilize the platform to monitor price movements and crypto markets.

NEO Price Prediction: Can It Break $2.68?

In a bullish scenario, NEO needs to first cross $2,25 – $2,28. 

Breakout accompaniedHigher volume could pave the way towards the $2.50 area before testing NEO's $2.68 target.

Conversely, if the price fails to break through the resistance again, the $2.00 support level will be a level to watch.

A drop below that area would make the short-term bullish structure less convincing.

It should be noted that a number of third-party prediction models provide different estimates.

For example, Changelly previously predicted a lower August range than the current NEO price, showing how quickly market conditions can change.

Thus, NEO $2.68 should be viewed as a scenario target, not a figure.which is certain to be achieved.

Traders need to pay attention to breakouts, volume, and the price's ability to hold support before drawing conclusions about the continuation of the rally.

Read Also: Bitcoin Price: BTC Rise Analysis and Prediction

How to Follow NEO Movements

For investors who want to follow NEO price and other altcoin movements, it is important to monitor prices regularly while understanding the risks of volatility.

NEO's movements in recent days suggest that an asset with a market capitalization of around $152 million can experience fairly rapid price changes.

Read Also: Crypto Rally Hype: Why Is Hyperliquid Token Rising After US Regulation News?

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FAQ

Can NEO break through $2.68?

It could be in a bullish scenario, but NEO needs to pass resistance around2,25–2.28 first. The target of $2.68 is not a guarantee and remains dependent on market momentum and volume.

What is the price of NEO today?

CoinMarketCap listed the NEO price at around $2.15 on August 24, 2026, with an increase of 5.66% in 24 hours.

What is the nearest NEO resistance?

Area $2,25 – $2,28 becomes the closest resistance based on the highest price of NEO inthe last few sessions.

What is important NEO support?

Surrounding area $2,00 – $2,04 become a support that needs to be considered.

If that level holds, the short-term bullish structure still has room to develop.

Is NEO bullish?

NEO's short-term momentum appears to be strengthening after several sessions of gains and increased volume. However, stronger bullish confirmation requires a breakout of resistance and the price's ability to sustain above that level.