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Is It Too Late To Buy NEIRO? First Neiro On Ethereum Price Surges 33% And This Might Be The Next Crypto To Explode

Is It Too Late To Buy NEIRO? First Neiro On Ethereum Price Surges 33% And This Might Be The Next Crypto To Explode

InsidebitcoinInsidebitcoin2024/11/06 19:00
By:Insidebitcoin

The First Neiro On Ethereum price has surged 33% in the last 24 hours to trade at $0.001739 as of 7:30 a.m. EST on a 241% pump in trading volume to $904 million.

The NEIRO price pump came as the crypto market soared after Donald Trump won the US election. He will start his second term as president in the White House next year.

Trump’s election as the 47th president marks an extraordinary comeback, and follow felony convictions and two assassination attempts.

First Neiro On Ethereum Price Spikes On Strong Support

The NEIRO/USD chart shows promising bullish signs supported by key technical indicators. Starting with the moving averages, there is a significant Golden Cross, where the 50-period moving average (in blue) has recently crossed above the 200-period moving average (in green). This cross is often a bullish signal, suggesting an upward trend may form.

The price has found stability around the $0.001400 level, marked as a support zone on the chart. This area has acted as a base, where buying interest has further prevented the price from declining. Following consolidation around this zone, the price experienced a bullish reversal, moving from approximately $0.001400 to the current level of $0.001724. This upward movement and the Golden Cross reinforce the bullish sentiment.

Is It Too Late To Buy NEIRO? First Neiro On Ethereum Price Surges 33% And This Might Be The Next Crypto To Explode image 0 Is It Too Late To Buy NEIRO? First Neiro On Ethereum Price Surges 33% And This Might Be The Next Crypto To Explode image 1

NEIROUSD Analysis Source: Dextools.io

The MACD (Moving Average Convergence Divergence) indicator supports this outlook. It shows a bullish crossover, as the MACD line (blue) recently crossed above the signal line (orange). This crossover, along with the increasing histogram bars, indicates rising bullish momentum.

The RSI (Relative Strength Index) is currently at 73.41, above the overbought threshold of 70. This high RSI reading indicates that the First Neiro On Ethereum price may be overbought in the short term, potentially leading to a minor pullback or period of consolidation before further upward movement.

The overbought RSI hints at the possibility of a brief correction before a potential continuation. Key levels to watch include the $0.001650 level as a possible new support if the price holds above it, and the $0.001800 mark as the next significant resistance, representing the recent high and a psychological barrier for further gains.

PEPE Unchained Presale Storms Past $25 Million: Next Crypto To Explode?

Meanwhile, as the First Neiro On Ethereum price soars, investors are also rushing to buy a PEPE-inspired meme coin called Pepe Unchained (PEPU) , which has just stormed past $25 million in one of the largest presales on record.

This bullish momentum is drawing in whale purchases, the latest for $78k, as shown by Etherscan . Several Tier 1 exchanges have already shown interest in listing PEPU.

Even the popular YouTube channel 99Bitcoins, with over 706,000 subscribers, predicts that PEPU could turn a $1,000 investment into $10,000 when it launches.

Pepe Unchained is an upgraded version of the PEPE meme coin that is equipped with its own Layer 2 blockchain. With this setup, PEPU aims to free PEPE from Ethereum’s limitations and bring it into a more advanced blockchain era.

The Pepe Chain offers lightning-fast transaction speeds, lower costs, and much better scalability. Because of these improvements, some analysts believe it could overtake PEPE as the top frog-themed meme coin.

What’s more, token holders can earn passive income through the platform’s staking system, which offers a huge 95% annual return.

You can buy $PEPU tokens for just $0.01229. With a price increase due in a little more than 1 day, interested investors should buy now to lock in the best deal.

Buy $PEPU using ETH, USDT, or a bank card on the official website here.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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