The NeuralAI price surged more than 15% in the last 24 hours to trade at $5.94 as of 5:05 a.m. EST as investors go long on the AI altcoin.
This recent gain is a continuation of the crypto’s positive performances on the longer-term timeframes. In the last week, the NEURAL price has risen over 58%, which pushed its monthly and yearly gains to 304% and 501%, respectively.
The NeuralAI Price Attempting To Flip A Major Resistance Into Support
4-hour chart for NEURAL/USD (Source: GeckoTerminal)
The NeuralAI price is attempting to flip the resistance level at $6.1452 into support and continue the positive trend it has been in over the past couple of days. Should the crypto close a 4-hour candle above this technical barrier within the next 12 hours, NEURAL might have the foundation needed to rise to as high as $7.2897 in the following 24 hours.
However, the NeuralAI price getting rejected by the $6.1452 mark could invalidate the bullish thesis. In this alternative scenario, the altcoin might test the immediate support level at $5.1152.
The $5.1152 support is also confluent with the ascending trend line that has formed on NEURAL’s 4-hour chart. Therefore, a break below this point might bring an end to the altcoin’s bullish phase. As a result, the NeuralAI price could drop to $3.9708 in the short term.
The NeuralAI Price Is Losing Some Of Its Bullish Momentum
Technical indicators on NEURAL’s 4-hour chart show that the crypto has lost some of its bullish momentum. Although bulls are still in control, their collective strength has diminished in recent hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators show signs of cooling bullish momentum.
As NEURAL rose towards the $6.1452 resistance level in the last 8 hours, the RSI has started to level off. Although recent RSI readings have been in the high 60s to signal bullish strength, the neutral slope of the indicator could be an early sign of an upcoming bearish trend reversal.
Meanwhile, the MACD line is positioned bullishly above the MACD Signal line to indicate that NEURAL is in a positive short-term cycle. This phase might come to an end as the gap between the MACD and MACD Signal lines starts to narrow. An intersection between the two indicators will trigger a major bearish flag which could suggest NEURAL has entered a negative period.
As NEURAL attempts to overcome the $6.1452 resistance, traders are flocking to buy WienerAI (WAI) before its blockbuster presale ends in less than 2 days.
The Perfect Tool To Analyze The Crypto Markets
WienerAI (WAI) is a new meme coin that introduces a suite of sophisticated AI analysis tools. With its ability to take in large amounts of data and almost instantaneously reveal hidden profit-making opportunities, traders can focus all of their attention on timing their trades to perfection to maximize their returns.
Traders can also use WienerAI’s seamless token swap solution to never miss a golden opportunity again. What’s more, the constant MEV protection ensures that users’ trades are executed without delays due to MEV bots frontrunning them.
With its meme coin roots and AI trading tools, it’s easy to see why renowned YouTuber ClayBro told his 120K subscribers in a recent video that WAI could undergo a 20X surge.
Last Chance For Investors To Get In On WAI Early
After raising more than $9 million, WienerAI’s ICO is set to end in less than 48 hours. That gives investors one last opportunity to acquire WAI at presale prices and gain access to the 128% APY on offer to buyers at this early stage.
One investor not missing out is a crypto whale who recently bought $370,000 worth of WienerAI. Using just over 114 Ethereum (ETH) tokens, the investor has positioned perfectly for the potential 20X surge predicted by popular YouTuber ClayBro.
Should this anticipated move happen, the investment’s value will soar to $7.4 million.
Get ready for liftoff!
WienerAI is in the cockpit, ready to revolutionize trading. Join us as we shoot for the stars with smart, AI-powered trades! 🌭🛸 pic.twitter.com/ljIo1c7lVK
— WienerAI (@WienerDogAI) July 27, 2024
Anyone looking to join the crypto whale and gain access to the high APY before it’s too late can do so through the simple buy widget embedded on WienerAI’s website.
Selling for $0.00073, ETH, USDT, BNB or a bank card can be used to buy WienerAI.
Purchase WAI here before its presale ends.
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