The price of Neiro has surged 500% in the past 24 hours, trading at $$ 0.0002547 at 3:40 AM EST, with trading volume surging 1,152% to $$ 119 million.

This comes after Binance confirmed the listing of three meme coins – NEIRO, Turbo, and Baby Doge Coin, which triggered price spikes for each coin. Binance will list Neiro (NEIRO), Turbo (TURBO), and Baby Doge Coin (100000BABYDOGE) for spot trading today at 6:00 PM (UTC+8) and add the Seed Tag. The newly added spot trading pairs are: NEIRO/USDT, TURBO/USDT, and 100000BABYDOGE/USDT. https://t.co/Q1OD6i9rrk

— Wu Blockchain (@WuBlockchain) September 16, 2024

Neiro Price Continues to Rise

Neiro price has been in an extended consolidation since September 8 within the $ 0.000050 range, according to data from GeckoTerminal. The bulls appear to have won the fight, with Neiro price now rising above the upper boundary of the sideways pattern.

According to the 4-hour NEIRO/USD chart analysis, Neiro is now trading above the 50-day and 200-day Simple Moving Averages (SMAs), an indication that the asset is in a sustained bullish rally.

In addition, the Relative Strength Index (RSI) has crossed the overbought region of 70, 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 in a sustained bullish rally, crossing above the neutral line.

The blue MACD line has also crossed above the orange signal line, an indication of a bullish crossover.