Ethereum (NEIRO)-based First Neiro has become a new cryptocurrency that has attracted the market’s attention by growing by 1857% in just 7 days after its launch on Binance. Reaching an all-time high of $0.00079 on September 18, the token has provided significant gains, especially to early investors.
The price of Neiro, which was at $0.00004033 a week ago, increased to $0.0007902 with the launch on Binance. The token’s market cap is currently at $331.57 million, which means a 115.03% increase. The 24-hour trading volume was recorded at a strong $743.75 million. NEIRO is ranked as the eleventh most traded token worldwide, indicating that its market share is increasing. However, despite this huge rise, the coin is currently in overbought territory, with the Relative Strength Index (RSI) at 91.92. Another important indicator, the Commodity Channel Index (CCI), is at 348.28, which points to a possible market correction. Nevertheless, the Momentum indicator (10) and the MACD level show that the uptrend continues.
NEIRO,$NEIRO
It faces initial strong resistance at $0.008000, a level that technical analysis predicts could be breached if the rising momentum continues. On the downside, there is significant support at $0.00075806, which could be critical to hold in the event of a price correction. If this level is broken, the next support level could be around $0.0005000.
As the future of NEIRO remains uncertain, many investors are reminded of Dogecoin’s recent rally. While technical indicators point to overbought conditions and market excitement continues to push the token higher, investors should be wary of potential price drops.
FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.
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So who can benefit?
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I EXPLAIN IN DETAILED.
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WHEN WILL THE REWARD COME?
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You can share this post with your friends in need so that they can also benefit from it.
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