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â Neiro Price To Continue Soaring
â Neiro Price Prediction
The Neiro price surged 500% in the last 24 hours to trade at $0.0002547 as of 03:40 a.m. EST, with trading volume skyrocketing 1,152% to $119 million.
This comes after Binance confirmed the listing of three meme coins â NEIRO, Turbo, and Baby Doge Coin, sparking price surges for each coin.
đ„Neiro Price To Continue Soaringđ„
The Neiro price was on a prolonged consolidation from September 8 within the $0.000050 range, according to data from GeckoTerminal. The bulls seem to have won the struggle, with the price of Neiro now soaring above the upper boundary of the sideways pattern.
According to the 4-hour NEIRO/USD chart analysis, Neiro now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), an indication that the asset is on a sustained bullish rally.
Moreover, the Relative Strength Index (RSI) has crossed above the 70-overbought region now at 93, which shows that the asset is currently overvalued and under intense buying pressure.
The Moving Average Convergence Divergence (MACD) also shows that the asset is currently under continued bullish rally as it crosses above the neutral line.
The blue MACD line has also crossed above the orange signal line, an indication of a bullish crossover.
đ„Neiro Price Prediction.đ„
According to the Neiro price analysis, the asset is now on a continued bullish rally, which the bulls aim for its continuation. A continuation of the trend could see the price of Neiro soar further as they target $0.00040.
The news of a Binance listing could further elevate investorsâ optimism, which could lead them to buy even more.
However, with the asset being overvalued, investors may start booking profits. As a result, the price of Neiro may plunge, which could push NEIRO back to the $0.0001445 support zone, which was the previous resistance level.
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