NEO Crypto Leads Chinese Coins After Major Announcement: Time for a 100% Pump?

The neo blockchain, often nicknamed “Ethereum of China”, is among the greatest earnings in the last 48 hours. The coin increased by almost 15% in two days, gradually reversing a key support level as buyers aim to break a level of local resistance. At this rhythm, Neo Crypto is not only on the Cuspid to add to his two -day earnings, but he also has a high possibility of climbing for triple figures earnings, tendency to observed levels when the network dominated Crypto.

Based on Coingecko dataNeo Crypto is stopped. Although it dropped by almost 3% in the last month of negotiation, the increase in the last two days has reversed the losses, pushing it again in a green territory after two weeks. It increased by 10% in the last week of negotiation and almost 12% in the last two weeks. However, it still has to completely reverse the losses of the past year and is still falling over 30%.

(Source: TradingView)

A look at the Neo ▼ -2.07% The daily graphicity indicates strength. If Neo Crypto closes beyond $ 7 by the end of today, there is a high possibility that the prices break over the maximum of July 2025 and $ 8. When this happens, the coin will have shaken the sellers who dominated mainly in the first quarter of 2025 before the consolidation of the last two quarters.

Ideally, this expansion should be with an increase in commercial volume, reflecting the last two days of trading. Such a breakout will provide a solid base for neo crypto to Spike by at least 100%. In this case, it could rise by more than $ 14 and even repeat the maximums of December 2024 of about $ 26, superperforming Solana meme coins better.

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Will the buyers of Neo Crypto press? Analysts expect a 100% pump

On X, the enthusiasm around Neo Crypto is high, explaining why it is one of the best cryptocurrencies to buy. A well -known analyst who successfully exceeded a trendy line of the key resistance that had closed the coin for months.

This breakout, supported by the above average negotiation volume, is a bullish signal and, according to the analyst, a “big problem”. In his opinion, the coin is prepared for an expansion of 100-110% in the next few days.

$ Neo
Break the symmetrical triangle on the daily graphic designer.
Success success can bring 100-110% increasing in the next few days #Neo pic.twitter.com/1Jlivg3qhw

– Globe of Crypto (@Globeofcrypto1) August 21, 2025

In the meantime, another merchant has added that Neo Crypto is currently trying to recover a long -term support area at about $ 7. In case of success, the coin could go up to $ 30 and $ 35 in the coming weeks and months.

#Neo It looks good, the price is trying to return to the long -term support area, which is the $ 7 block! Subsequently, I expect a recovery in the specified area, with a price range of $ 30-35 for the trend line! $ Neo pic.twitter.com/xfj7qt41ij

– Crypto Dream (@_crypto_dream) August 21, 2025

It remains to be seen if Neo Crypto will break and get rid of bears chains. If he does, he could increase, as in 2021, when the network and the currency capitalized with a large enthusiasm of the market. The ground appears firm.

Currently, Ethereum is constant, absorbing the sales pressure and exchanges over $ 4,300. He almost broke the maximums of 2021, a time when Neo Crypto was also stable and gathered strongly.

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China plans to launch a stablecoin resting on the Yuan

In addition, Neo seems to ride the wave of renewed interest in intelligent contractual platforms. Second reportsThe Chinese State Council will examine a roadmap by the end of the month that could see the Asian economic power launch Stablecoins supported by Yuan, promoting the global adoption of its currency.

This decision marks a drastic reversal of the Chinese position on the cryptocurrency, increasing the platforms of intelligent contracts based in China, including Neo Crypto. Mining and trading were prohibited in 2021 on the concerns that private digital activities would destabilize its currency. According to reports, a study session with the country leadership of the country is scheduled for the next few weeks, giving the tone to the development of Stablecoin.

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China’s ambition to raise the yuan to the status of a global reserve currency, similar to the USD or the euro, makes its pivot to launch a stablecoin supported by Yuan. The United States have already approved the genius act in law, promoting companies to launch Stablecoin with supported by the USD as long as the underlying safety includes cash deposits or treasure.

The genius acts will be stimulated the growth of Stablecoin with supported by the USD, provides legal clarity and rapid institutional adoption, strengthening the domain of the USD in the global cryptocurrency market. China seems eager to counterbalance this influence and once the Stablecoin supported by the Yuan is launched, it will also facilitate trade and international remittance.

However, some analysts warn that due to China’s position on cryptocurrency, the Stablecoin supported by Yuan can also face limits, limiting its scalability in global markets.

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