Based on publicly available information, I made a brief analysis of the Neiro token and so:
I took into account the 15 minute schedule
The #NEIRO token is trading in a range with fluctuations, but is currently showing a downward correction.
B B which are narrowing, which may indicate a decrease in volatility. This usually foreshadows a possible sharp move in one direction (up or down).
Current price on the chart: 0.00038418 USDT.
Current MFI: 51.71, which indicates a neutral position. The indicator does not indicate overbought or oversold conditions for the token, but the trend can quickly change with changing trading volumes.
- Trading volumes show a moderate decrease in activity, which may indicate a pause before new movements. Current trading volume $NEIRO on the chart: 2.157B (billion coins).
Market analysis:
Current price: $0.000378, down 2.72% over the last 24 hours.
24-hour trading volume: $389,383,042, indicating active movement in the market, although it may be related to the current correction.
Capitalization: $158,249,983 (ranks 245th on CoinMarketCap), which is an average capitalization for a cryptocurrency.
There are currently 418,542,742,553 coins in circulation, with a maximum supply of 420,690,000,000 coins.
At the moment, the NEIRO token is showing corrective movements, but technical indicators do not give a clear signal for a strong change in trend. It is likely that the token may continue to fluctuate in a range with a probability of a breakout in one of the directions as soon as trading volumes increase or external market factors change.
If you are planning to enter the market, it is worth monitoring the further development of the situation, as well as the change in trading volumes and the reaction of indicators to price changes.
Subscribe @Sasha why NOT
