NEIRO has surged into the $0.001445 range, marking an increase of over 46%. The market experienced NEIRO liquidations totaling $7.20 million.
The meme coin sector is showing positive signs, with prices rebounding from recent lows. First Neiro On Ethereum (NEIRO), a dog-themed meme coin, recorded a 46% gain in the last 24 hours.
NEIRO began the day at $0.000986 and saw a steady price increase as the day unfolded. Currently, it trades at $0.001445, with the lowest and highest recorded prices in the past 24 hours being $0.0009746 and $0.001502, respectively, according to data from CMC. Additionally, CoinGlass data revealed $7.20 million worth of NEIRO liquidations.
Furthermore, on-chain data shows a NEIRO buyer exchanged 190.5 billion PEPE and 6 ETH for 1.466 billion NEIRO, valued at $1.8 million. Between August 15 and September 26, this whale made three trades in NEIRO, resulting in a profit of $824,000.
- Will NEIRO Maintain Its Current Momentum?
NEIRO has posted a remarkable 1969% gain over the past month, reaching a peak price of $0.001287. The upward price movement continued last week, with a 41% rise as the asset started trading at $0.001045 before sliding to $0.0008587. - The daily relative strength index (RSI) for NEIRO is above 75, indicating an overbought condition. Additionally, the short-term 9-day and long-term 21-day moving averages both sit below the current price, highlighting a bullish trend.
- The Chaikin Money Flow (CMF) indicator is at 0.25, reflecting increased money flow into the asset, with trading volume rising by 358% to $826 million.
- NEIRO Price Outlook
NEIRO’s successful breakout above $0.001512 could lead to a test of the key resistance level at $0.001600. However, if the price drops below $0.001410, the asset may enter a consolidation phase, potentially pushing the price down to the $0.001300 range or lower.
*Disclaimer: The opinions expressed in this chart are solely the author’s and do not constitute investment advice. TheNewsCrypto team recommends conducting personal research before making investment decisions.*
