The Neiro Ethereum Price Plunges 18% In A Week As This New Meme Coin Races Towards $1 Million

The Neiro Ethereum value has plunged 18% up to now week and 4% within the final 24 hours to commerce at $0.2201 as of seven:15 a.m. EST on a 14% drop in buying and selling quantity to $19 million.

Neiro Ethereum Worth Evaluation: Bulls Poised For A Bullish Comeback

The NEIRO value continues to commerce inside the bullish channel. Regardless of dealing with a powerful assist zone, the bears are nonetheless decided to push the value beneath the assist zone at $0.1285. This assist stage has confirmed resilient, permitting consumers to regroup and improve costs. If the bulls take full management, they might push the value above the wedge, triggering a rally that would catapult NEIRO to a brand new all-time excessive.

NEIROUSD Evaluation. (Supply: Dextools.io)

The NEIRO Ethereum value trades beneath the 50 Easy Transferring Common (SMA). Nonetheless, it’s comparatively above the 200 SMA, giving the bulls an opportunity to drive the value once more. This means a optimistic sentiment and diminishing promoting stress for the Neiro value.

The Relative Power Index (RSI) has rebounded, correcting downwards from the 50 midline stage. It’s at the moment beneath the 50 midpoint, which signifies that the shopping for stress for NEIRO is low.

In the meantime, the MACD indicator, though nonetheless buying and selling alongside the impartial stage, can also be rising, supporting the bullish sentiment for Neiro Ethereum. The rising bullish bars and a latest crossover above the sign line have boosted bull merchants’ confidence. This implies there’s a excessive likelihood it might proceed the uptrend, favoring the consumers and shifting momentum again to bullish.

The Neiro Ethereum Worth May Rally To A New ATH In Coming Weeks

With assist from the technical indicators and shifting averages, the Neiro Ethereum value might rally to a brand new excessive of $0.2115 within the coming weeks.

Nonetheless, if the bears achieve management in a converse case, the value might drop to the assist stage at $0.1350. Continued downward stress could result in an extra decline, probably to $0.1315.

This P2E Meme Coin May Be A Gem

Traders in search of cryptos with a possible bullish outlook might think about a brand new presale known as The Meme Video games (MGMES), which has already raised over $365K up to now.

In line with Jacob Bury, a well-liked crypto analyst on YouTube, MGMES has the potential to surge 10X after its launch.

The Meme Video games is a singular gamified meme token undertaking that mixes in style crypto meme characters with a aggressive twist. This revolutionary idea rewards presale consumers with token bonuses for profitable occasions, including an thrilling layer of competitors.

Impressed by the 2024 Olympics, the undertaking combines the thrill of crypto meme cash with the fun of athletic competitors. Contributors can select from Dogecoin, Pepe, DogWifHat, Brett, or Turbo and comply with their journey to win gold medals. You’ll be able to choose a meme athlete who would possibly earn you additional tokens each time you purchase tokens as nicely.

Mission completed: $DOGE delivers the Olympic flag with fashion, smoke, and just a little additional kick. 🏁#Paris2024 #ClosingCeremony #Presale #Crypto pic.twitter.com/SEeV958bAB

— The Meme Video games (@MemeGames2024) August 14, 2024

Token holders may passively earn by staking MGME, which provides a exceptional annual share yield (APY) of 565%.

You should purchase MGMES tokens at $0.00925 on the official web site. However purchase quick as the value is ready to rise in lower than 5 days.

Purchase MGMES utilizing ETH, BNB, USDT, or a financial institution card.

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