Here, the maker plays a big role in determining the price path, especially in low-liquidity coins like #NEIRO.
Therefore, in this analysis, we focus on the expectations of the behavior of the maker during the coming week based on its previous movements and technical indicators that indicate its future trends.
Basis for building time forecasts
These accurate time forecasts are built according to the recurring patterns of micro-behavior and lunar timings especially during the globally active trading periods (Asian and American sessions), as follows:
1. Typical intervention patterns: The maker often intervenes at certain times to generate large price movements during certain hours when liquidity is high.
2. Main technical indicators:
RSI (Relative Strength Index) at 33.29 levels indicates that the price may face a potential bounce after a period of decline.
Bollinger Bands indicate a wide range of volatility, which means that prices may experience large fluctuations at any given moment.
Parabolic SAR which shows that the current downtrend may change at any moment with the intervention of the maker.
3. Past Trading Volumes: Based on past trading activity, the time periods most likely to witness sudden movements driven by the micro are identified.
4. Previous Exceptional Rallies: Based on the coin’s previous history, Maker is not new to generating strong and rapid price spikes.
5- The lunar mansions: Because, according to the opinions of Claudius and the Arab scholars Al-Biruni, Ibn Arabi, and others, it has an effect on human behavior, such as the ebb and flow.
Predictions for the coming week based on previous Maker behavior
Current status (09-26-2024):
Current price: 0.00105443 USDT
Current Down: -11.32%
Analysis: This decline suggests that the maker may be preparing to book profits or test new support levels. The downward pressure is expected to continue until the end of the day to determine the new support level.
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Forecast for 09-27-2024:
08:00 - 12:00 GMT: The maker may start pumping liquidity to quickly push the price towards 0.00109, which may lead to a break of the resistance at 0.00110.
Prediction: By the end of the day, the price may reach 0.00110 or higher, opening the way for further upward moves in the following days.
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Forecast for 09-28-2024:
12:00 - 18:00 GMT: The Maker is likely to push the price towards 0.00112 levels, and we may see a quick move towards 0.00114 in a short period.
Prediction: The price could reach 0.00115 by the end of the day.
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Forecast for 09-29-2024:
10:00 - 14:00 GMT: We expect to see a strong move from the maker to push the price towards 0.00118 during this period.
Prediction: By the end of the day, the price could exceed 0.00120, driven by the intervention of the Maker.
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Forecast for 09-30-2024:
08:00 - 12:00 GMT: Based on previous moves, we may see a continuation of the gains, with the price reaching 0.00123 or higher.
Prediction: By the end of the day, the price may reach 0.00125 if the strong support from the Maker continues.
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Forecast for 01-10-2024:
12:00 - 16:00 GMT: We may see some downside correction during this period with the price falling to 0.00120 due to profit taking by investors.
Prediction: By evening, the Maker will bring the price back to around 0.00122.
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Forecast for 02-10-2024:
10:00 - 14:00 GMT: If there is no negative news, the maker may put pressure again to push the price up towards 0.00123 or even higher.
Prediction: By the end of the day, the price may reach 0.00126.
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Forecast for 03-10-2024:
09:00 - 13:00 G: We may see a sideways movement during this day with the price settling between 0.00124 and 0.00127, as the Maker seeks to stabilize the market after the previous days’ movements.
Prediction: The price may settle at 0.00126 or 0.00128 by the end of the day.
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Based on the past behavior of the maker and the available technical data, it seems that the coming days could witness strong upward movements for Neiro. Sudden spikes may occur during the expected times when the maker enters strongly, especially in late September and early October. The forecast indicates that the price may exceed 0.00125 with the possibility of further increases, but traders should remain alert for possible corrections and profit-taking.
Advice for traders:
Monitor expected intervention hours from the maker.
Use stop loss orders if your strategies are scalping.
Do not forget to follow the news and data that may affect the market unexpectedly.
Note: This analysis is based on past data and available technical indicators and is not a guarantee of future price movements.
