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Neiro

NEIRO Tokens Rally as Crypto Market Celebrates Bitcoin’s New ATH The cryptocurrency market is experiencing a surge of optimism as Bitcoin ( CRYPTOCAP:BTC ) hits a new all-time high of $75,000, climbing 8% in just 24 hours. This extraordinary rally comes on the heels of the U.S. election results, where Donald Trump—a staunch crypto advocate—secured victory, boosting investor confidence and reigniting interest in digital assets. As the market buzzes with renewed energy, all eyes are turning toward trending altcoins and memecoins, with First Neiro on Ethereum ($NEIRO) and Neiro Ethereum (NEIRO) capturing significant attention. NEIRO Tokens Surge Amid Market Optimism Both First Neiro on Ethereum and Neiro Ethereum have shown substantial price gains amid the bullish market sentiment. First Neiro on Ethereum has skyrocketed by 38%, while Neiro Ethereum surged over 41%, sparking excitement among traders and investors alike. After enduring a bearish stretch, these tokens are now on an impressive recovery trajectory, signaling the possibility of further gains. First Neiro on Ethereum (NEIRO) Technical Analysis The recent technical setup for First Neiro on Ethereum (NEIRO) appears promising. On the 4-hour chart, $NEIRO has successfully broken out from a descending wedge pattern—a bullish reversal signal that often heralds significant upward momentum. The breakout lifted the token’s price above the critical support level of $0.001761. As of now, $NEIRO is trading around $0.0018, positioning itself for potential gains if it holds this support. Looking forward, the key resistance levels for $NEIRO stand at $0.002150 and its all-time high of $0.002334. If bullish momentum continues, these targets could soon come into play. However, the Relative Strength Index (RSI) is currently sitting at 79, indicating that $NEIRO is overbought and could face a short-term correction. Traders should exercise caution and watch for signs of profit-taking or a pullback before committing to new positions. Neiro Ethereum ($NEIRO) Technical Analysis Neiro Ethereum (NEIRO) is also attempting a bullish breakout. The token recently tested a critical support level at $0.074 and has since climbed to $0.085. A confirmed breakout above the psychological barrier of $0.10 would mark a significant bullish continuation, potentially propelling the token to its next resistance targets at $0.12, $0.18, and $0.24. Hitting the $0.24 mark would represent a staggering gain of over 185% from the current price. While the RSI for Neiro Ethereum indicates that the token is nearing overbought territory, the broader market momentum and favorable technical patterns suggest that further upside is possible. Investors should, however, keep an eye on key support levels and be prepared for potential retracements. Trump’s Victory and Market Sentiment The broader bullish sentiment in the crypto market is heavily influenced by Donald Trump's election victory. Known for his pro-crypto stance, Trump’s win has reignited hopes for favorable crypto regulations in the United States, leading to a renewed wave of investor confidence. His administration is expected to take a more constructive approach to crypto policies, potentially paving the way for greater adoption and growth. Moreover, the overall market rally has been fueled by Bitcoin’s historic rise, which has triggered a domino effect, lifting altcoins and memecoins across the board. As Bitcoin continues to set new highs, NEIRO and other smaller tokens could benefit from the broader enthusiasm and increased liquidity. Are More Gains on the Horizon for $NEIRO? With Trump’s victory setting a pro-crypto tone and Bitcoin’s rally inspiring market-wide optimism, NEIRO tokens are well-positioned to capitalize on the current bullish environment. The combination of technical breakouts and favorable fundamental factors suggests that these tokens could continue their upward march. However, traders should be mindful of the potential for sharp corrections, especially given the overbought RSI levels. For now, $NEIRO and Neiro Ethereum present attractive opportunities for investors riding the wave of market enthusiasm. If market sentiment remains positive, these tokens could see additional upside in the days to come, but it’s crucial to approach with a balanced strategy, staying vigilant for any signs of a market reversal.
Long
by DEXWireNews
First Neiro On Ethereum | NEIRO, Memes & Moontober Its Moontober and Neiro is 500% up since our first call so it's time to take a closer look at this rising star! On chain analysis shows that four major entities are holding considerable amounts of NEIRO, Alongside Wintermute, which has gained attention for its trading activities, three other notable market makers and a venture capital firm with large NEIRO holdings In addition to Wintermute, three other MMs and one VC are holding significant amounts of NEIRO_ETH in their wallets: – GSR: 15M – Toka_Labs: 5.114M – Auros_Global: 3.6M – Arrington: 5.107M The accumulation of NEIRO by prominent market makers and VC firms shows growing confidence in the token's potential. These sizable holdings could indicate that these entities are strategically positioning themselves for future market activity or price increases Investors and traders are expected to keep a close eye on NEIRO as these key players continue to maintain large stakes. The token's impressive price performance suggests it could attract even more trading interest from both institutional and retail investors like coinbase thinking why we don't make money while binance loads memes Currently, Neiro is priced at $0.0021, marking a 40% increase over the past 24 hours The circulating supply of Neiro is 420.69 billion tokens, which is also the maximum supply Neiro’s 24hour trading volume stands at $ 725 million, and it is traded across 22 markets and 17 exchanges, with Binance being the most active ( CZ is back babe! ) Neiro currently holds a 0.05% share of the entire cryptocurrency market, with a market capitalization of $911 million which is damn good One thing to watch out for: there are several fake cash grab Neiro tokens on various blockchains. So, when purchasing Neiro from DEXs, make sure to double check the contract address to avoid getting scammed Stay vigilant!
Long
by moonypto
NEIRO is a precious diamondNote: This is not a one-stop sell/short, but a buy/long. NEIRO appears to be completing a bullish diametric. which is now in the middle of wave D. We are looking for buy/long positions in the green range. If the price is in the green range Given the sentiment surrounding this currency and the dog introduced by the owner of the dog that inspired Dogecoin and the first NEIRO, we can expect a strong rally in the coming months. The targets are marked on the chart. The targets inserted on the chart are for wave E Closing a daily candle below the invalidation level will violate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
4
NEIROETH, about to explode again soon, may retest 10x again.A new meme coin has emerged and caught the market’s attention with rapid price growth. It’s called Neiro Ethereum and is based on the OG doge meme coin. After launching, it has risen to a staggering $193 million market cap. But BTC and overall market selling pressure has dominated everything - and memes took the swipe too -- with so much volatility. From peaking at a parabolic high of 0.20, NEIRO retraced heavily to an outrageously bargain zone at minus 10x levels to 0.020 zone. Now, based on the latest daily data metrics. There is an apparent heavy accumulation at the current price range and a strong reversal to the upside is expected from here on. At a lighter mcap now, the bargain opportunity is too tempting to be missed. Spotted at 0.0250 Target: Back to previous peak at 0.20 TAYOR.
NLong
by JSAL
63
NEIROUSDT Trade the Triangle break-outsNEIRO (NEIROUSDT) has been trading within a Triangle pattern since the September 10 All Time High (ATH). The 1D MA50 (blue trend-line) is almost in the middle of it, so the trend will be neutral and sideways as long as the price keeps trading within. Our suggestion is to trade to the direction of the break-out that takes place first. If it will be above the pattern (Lower Highs), buy and target the 2.0 Fibonacci extension at 0.2200. If below the pattern (Higher Lows), sell and target the -1.0 Fib ext at 0.0310. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
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by TradingShot
6
Strap In: Riding the Last Leg of $NEIRO!With the previous accumulation, we could see a little further price contraction before the impulse. It seems reasonable to start sizing up since these things tend to explode without many chances to jump in. I am using the daily block this time instead of the 4-hour block as a demand zone, along with the wick of the last impulse move. Will it get that low? Not sure, but if it does, it will be the last chance, as it has maintained the trend at $0.0016. I’m aiming for a 2x on this last leg. I think it will correct hard after reaching somewhere between 1b and 2b. $NEIRO
Long
by ZelfTrade
NEIRO/USDT: Bull Flag Pattern: Could We See Another 50%+ Surge?Hey everyone! If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates! NEIRO is looking strong right now! It’s forming a bull flag structure on the 4-hour time frame and is currently trading near the lower trendline. Last time we saw a similar setup, NEIRO surged by 60-70%, and I’m expecting a similar move this time. Consider accumulating within the green box. Entry Range: $0.00162 - $0.00172 Targets: $0.00194 / $0.00218 / $0.00242 / $0.00275 Stop-Loss: $0.00148 Leverage: Keep it low (Max 5x) What do you think of NEIRO’s price action? I’m seeing a strong bullish setup here! Share your insights and analysis in the comments below!
Long
by CoreCrypto1
Neiro Ethereum ($NEIRO) Surges 10% on Partnering With DWF LabsNeiro Ethereum ($NEIRO), the dog-themed meme coin, has seen a sharp rise in market performance following a strategic partnership with DWF Labs, one of the leading Web3 investors and market makers. The collaboration has fueled positive market sentiment, driving the coin’s price up nearly 10%, with traders and investors eyeing further growth as the project positions itself for broader market expansion. DWF Labs Partnership Sparks Optimism On October 18, Neiro Ethereum made a major announcement on X (formerly Twitter), stating, “We are thrilled to partner with DWF Labs, a new generation Web3 investor and market maker.” The partnership is expected to bolster Neiro’s market presence and drive future growth. Market participants have reacted positively, as the meme coin continues to gain momentum with investors optimistic about the long-term prospects of this partnership. While details of the collaboration are yet to be fully disclosed, the news has already had an immediate impact on market sentiment. Traders and investors alike have shown increased interest, as evidenced by the rising price and trading volume of $NEIRO. Factors Driving NEIRO’s Price Surge This new partnership with DWF Labs is significant for several reasons. As a reputable market maker, DWF Labs can provide essential liquidity, stability, and market expansion for the Neiro Ethereum token. This collaboration comes at a crucial time when meme coins, especially those with strong community backing like $NEIRO, are becoming more integrated into mainstream crypto markets. With this partnership, Neiro ($NEIRO) aims to strengthen its market position, increase token liquidity, and expand its community presence. The coin’s 10% surge in price has caught the attention of investors, while the 17% spike in intraday trading volume reflects the positive market reception to the news. Technical Analysis At press time, $NEIRO is trading at $0.00197, up 10% in the past 24 hours. The coin's recent trading volume has surged by 17%, demonstrating robust buying interest from traders. On the technical side, $NEIRO is trading with a moderate Relative Strength Index (RSI) of 53, suggesting that the asset is neither overbought nor oversold, leaving room for more upward momentum. The token is currently moving above key moving averages, confirming a bullish continuation pattern. This pattern aligns with previous behavior where $NEIRO tends to spike following consolidation phases. If the bullish momentum fades, key support levels are expected around the $0.0017 pivot point, which should help stabilize the price. Furthermore, data from Coinglass reveals a 9% increase in open interest (OI) for $NEIRO futures contracts, bringing OI to $81.47 million. This, combined with a 13% rise in derivatives trading volume to $628.75 million, suggests increased speculative interest in the token and adds to the overall bullish outlook. Broader Market Context Neiro Ethereum’s rise is also in line with broader gains seen across the meme coin sector. Many meme tokens have experienced significant growth lately, capitalizing on increased speculative trading and renewed interest in the altcoin space. $NEIRO’s recent weekly and monthly price action underscores this trend, with gains of 7% and 32%, respectively. As the partnership with DWF Labs continues to unfold, market participants are eager to see how this collaboration impacts Neiro Ethereum’s long-term trajectory. With the token already making strides in a competitive sector, its price action remains under close watch as traders anticipate further developments. Conclusion The partnership between Neiro Ethereum and DWF Labs has ignited optimism across the market, resulting in a 10% surge in $NEIRO’s price. As a meme coin with growing traction, Neiro is poised to benefit from the increased liquidity, market growth, and community expansion this collaboration offers. With bullish technical indicators and strong market sentiment, $NEIRO may continue its upward momentum, solidifying its place in the meme coin space
Long
by DEXWireNews
NEIROUSDT: A Billion-Dollar Surge is Coming! After a successful breakout from resistance, NEIROUSDT has undergone a healthy retracement and is now bouncing back from strong support levels. With momentum building, we anticipate that NEIROUSDT will soon cross the $1 billion market cap, joining the ranks of the billion-dollar meme coin club. The current bullish trend in the meme coin market further supports our expectation of significant upward movement. Don’t miss out on this exciting opportunity—keep an eye on NEIROUSDT as it gears up for potential explosive gains! Happy trading! NEIROUSDT Currently trading at $0.00197 Buy level: Above $0.0019 Stop loss: Below $0.0015 TP1: $0.0022 TP2: $0.0025 TP3: $0.003 TP4: $0.004 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
#NEIRO: Potential for a 200-300% Gain!Hello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: NEIRO is forming a symmetrical triangle pattern while holding above the 21 EMA support. The price is showing potential for an uptrend, and a breakout will provide confirmation. Once NEIRO breaks above the resistance trendline, it is likely to rally 200-300% soon. The support between $0.003014 and $0.003557 is expected to hold the price in case of a dip. Key levels: - Primary Support/Accumulation: $0.00355 to CMP. - Primary Resistance: $0.0044. - Lower Support/Accumulation: $0.003014. - Target: $0.00635, $0.008019, $0.00945, $0.01198, $0.01411. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
NLong
by Cryptorphic
2
$NEIROETH - The Next PEPE?The NEIRO narrative is popular, with many viewing it as the next PEPE. NEIROETH at its current price has a market cap of 77.4 million. Considering its manipulation potential, as this makes it the smallest market cap memecoin on Binance Perpetual, it can attract market manipulators, initiating a potential price surge. Technical Outlook: NEIROETH is showing signs of a bullish trend after consolidating from major support zone at 0.050s Price is now at first level of resistance 0.080 If we can hold 0.072 to 0.070, expect a potential move to 0.090 to 0.10 (overhead supply) Support Levels: 0.066 - (weekly VWAP) 0.062 - (singleprints)
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by Tealstreet
Whales doubling down on Neiro: is bullish momentum ahead?One of the whales swapped out a loss-making position in NEIROETH, selling 17.5 million tokens for $1.22 million. By exiting, the whale incurred a substantial 55% loss, amounting to $1.49 million, after holding the meme coin for just one month. In return, the whale doubled down on their investments in NEIRO, purchasing 841.6 million tokens for $1.45 million. This adds to their total holding of 3.85 billion NEIRO, worth $6.51 million, resulting in a 67% unrealized profit of $2.67 million, according to SpotOnChain data . Meanwhile, in 1-hour chart, Neiro broke out of symmetrical triangle pattern. This pattern indicates a period of consolidation as NEIRO seeks stability following a substantial rally. Most notably, the Relative Strength Index (RSI) remains in positive territory at 52, while neutral, it retains a bullish lean despite a slight slowdown in momentum. This sentiment is further supported by the Chaikin Money Flow (CMF), currently at +0.05, suggesting that inflows remain moderate. However, the MACD line has yet to retake its position above the signal line, indicating that bulls have not fully taken control. Traders should therefore monitor NEIRO’s ability to hold above the 20-day Exponential Moving Average (EMA) as a key support level to confirm a sustained uptrend. A repeated breakout above the upper resistance of the pattern could extend the growth streak, with an initial price target set at the $0.001878 resistance level, potentially leading to a new all-time high. From there, a conservative short-term target of $0.0023 seems plausible. However, taking a broader view, deeper analysis cites 10x potential long-term as credible, setting eyes on a SEED_TVCODER77_ETHBTCDATA:1B market cap.
Long
by paul_endeo
First Neiro On Ethereum May be Set for Short-Term BreakoutFirst Neiro On Ethereum (ETH: $NEIROCT) is rapidly gaining attention in the cryptocurrency world, especially among meme coin enthusiasts. With a notable rise in its trading volume and the formation of bullish technical patterns, (ETH: $NEIROCT) is currently positioned for a potential breakout. Technical Analysis The 4-hour price chart for (ETH: $NEIROCT) reveals a bullish symmetrical triangle pattern, a technical signal that typically indicates a continuation of the current trend—in this case, upward. The recent breakout from key resistance levels, coupled with increasing volume, suggests that further gains could be on the horizon. As of now, (ETH: $NEIROCT) is trading at $0.0017 with a $728 million market cap and a staggering $1.01 billion in 24-hour trading volume. The increase in trading volume is a crucial indicator of growing demand, especially as the token moves past significant resistance levels. This surge in trading volume places (ETH: $NEIROCT) among the top 10 most traded cryptocurrencies, surpassing many larger projects. Breaking Structural Levels Analysts have noted that (ETH: $NEIROCT) is currently breaking key structural levels, which opens the door for the token to achieve new all-time highs. With (ETH: $NEIROCT) up 41% this week and the token’s price currently hovering around $0.001722, the next challenge is for it to solidify its position above $0.0014, a key resistance level. If (ETH: $NEIROCT) can close the next two 4-hour candles above this point, we predict a surge toward $0.002060 in the coming 24 hours. MACD and RSI Indications Looking at the shorter-term charts, the MACD (Moving Average Convergence Divergence) and RSI (Relative Strength Index) both show bullish signals. The MACD line has recently moved well above the signal line, typically seen as a strong indicator of growing bullish momentum. Meanwhile, the RSI is holding in the mid-80s, suggesting that although the token is overbought, this may not be a negative signal during a pump cycle. The slightly upward-sloping RSI indicates that buyers are not letting up, further strengthening the bullish outlook. However, it's important to keep in mind the risks. Should (ETH: $NEIROCT) fail to maintain its momentum and drop below the $0.001476 support level, a wave of selling pressure could push the price down to $0.000830 in the short term. Strong Market Demand From a fundamental perspective, the growing interest in $NEIROCT can be attributed to its limited supply and its status as one of the most traded meme coins. Its high ratio of trading volume to market cap at 1.6, four times higher than FTT’s 0.4, indicates a significant demand for the token. This is a clear sign that many traders are jumping in, anticipating further growth as $NEIROCT solidifies its position. $NEIROCT’s rise from a $1 million market cap in August to $700 million has provided early investors with life-changing gains. With Binance listing the token, $NEIROCT has become a household name in the meme coin category, though its potential for massive returns is now more limited than it was at launch. A continued rally to a $1 billion market cap would yield a 2x return, but that’s modest compared to the meteoric gains seen during its early days. Price Prediction: Short-Term Gains Possible The potential for short-term gains remains strong, we are forecasting a rise toward $0.002060 if the token continues to hold key levels. However, investors should keep an eye on Bitcoin and broader market conditions, as $NEIROCT's bullish continuation will likely depend on BTC’s price action. A strong CPI report this week could propel Bitcoin past $65,000, creating a positive environment for meme coins, including $NEIROCT. Conversely, a poor inflation print could see Bitcoin retest $60,000, putting short-term pressure on risk assets like meme coins. Conclusion: Is $NEIROCT Still a Good Buy? The truth is $NEIROCT is no longer a low-cap gem, but its recent bullish price action indicates that it still has room to grow with modest gains easy 2x on reaching $1 Billion market cap. Investors looking for a potential breakout play in the meme coin space might want to keep a close eye on $NEIROCT, but caution is advised in case the bullish momentum fades.
Long
by DEXWireNews
NEIRO/USDT: 100% PROFIT POTENTIAL!!Hey everyone! If you're enjoying this analysis, please give it a thumbs up and follow! NEIRO is showing strong potential! It has just broken out of a falling wedge and is currently retesting the breakout level – a great entry point. Buy now and add more on dips for maximum gains! Entry range: $0.0025 - $0.0028 Target: 80-100% potential upside Stop Loss (SL): $0.00225 What do you think of NEIRO's current price action? Spotting a bullish setup? Share your thoughts and analysis in the comments below!
NLong
by CoreCrypto1
5
NEIRO - Following the Hype...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈NEIRO has been overall bullish , trading inside the flat rising channel in orange. Moreover, it is approaching a massive round number $0.001. 🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the $0.001 and lower orange trendline acting as a non-horizontal support. 📚 As per my trading style: As #NEIRO approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
1
NEIRO (Binance) Analysis (30M)Note that NEIRO is different in each exchange. This analysis is for NEIRO, which is listed on Binance (spot and futures section). Since listing, NEIRO appears to be forming a bullish multiple combination. Now it looks like the Y wave is over (it was a diametric). Price can now enter a correction phase or enter an X wave. Considering the bullish sentiments on this MEMECOIN, the price seems to reject upwards from the green range and witness an X wave. Warning: There is not much data available for this symbol, so control the capital and leverage management Closing a 4-hour candle below the invalidation level will violate this analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
2
Is NEIRO poised for even greater bullish breakout?NEIRO crypto appeared to be forming the early stages of a bullish reversal after a period of consolidation and downward pressure. Analysts suggested the price may consolidate between $0.0034 and $0.0045 before making any significant upward movement. Crypto analyst Zen stated, “$NEIRO starting a bullish reversal imho.” He added that the price might consolidate within this range before breaking above the $0.006 resistance level. Once this resistance is broken, the next major target would be $0.00793, and a surge toward $0.01 could follow. According to Zen analysis, the $0.006 level stands out as the first major resistance to watch. If NEIRO breaks above this point, it could mark the start of stronger bullish momentum. The next key resistance at $0.00793 would serve as a potential trigger for further upward movement, possibly leading to a psychological target of $0.01. The price path projection indicates a possible retest of $0.006, followed by a push toward $0.00793. On the technical side, the 50 EMA ($0.003889) and 100 EMA ($0.003909) remained above the current price, indicating short-term resistance. The price appeared to be struggling to break past these levels, suggesting a possible consolidation phase. The RSI (Relative Strength Index) is slightly bearish at 46.25, indicating weak momentum and slight selling pressure. However, the RSI is not yet in oversold territory, suggesting that further declines may be limited. The MACD (Moving Average Convergence Divergence) showed little movement, with the lines hovering near the zero level, indicating a lack of strong directional momentum. This reinforced the likelihood of continued sideways movement until a breakout occurs.
NLong
by paul_endeo
NEIROCTO/USDT: MASSIVE 120% Pump in the last 15 hours.Pumped 120% in the last 15 hours! Massive daily candle! Futures profits locked in, with 70% of spot positions secured—holding onto the remaining 30%. Missed out? Don’t FOMO! More opportunities are on the horizon this week. Currently trading at $0.00078, and it could easily touch $0.001000, but it’s smarter to wait for a dip. You don’t buy a coin that has already pumped 90%+ in one day. We see support between $0.000707 and $0.00074 (21 EMA) in this 30-minute timeframe chart. If it holds, another rally is likely. A breakdown will create a buy-back opportunity. The RSI shows weak momentum, so be cautious. Always DYOR. Not financial advice (NFA).
by Cryptorphic
1
Neiro and 2 memecoins may skyrocket as Binance reveals listingThe cryptocurrency market is abuzz as Binance announces its latest listings, which include NEIRO, TURBO, and BabyDoge. This decision by the prominent exchange platform could significantly influence their market trajectories. Binance has announced the addition of three new cryptocurrencies to its platform. Starting on September 16, 2024, at 10:00 UTC, users will be able to trade Neiro (NEIRO), Turbo (TURBO), and Baby Dogecoin. These tokens will be available in several trading pairs. Investors must conduct thorough research before trading these new tokens on other platforms. This step helps in safeguarding their investments against potential scams. NEIRO has recently experienced a price dip. In contrast, TURBO and BabyDoge have notably increased their market prices, demonstrating a strong bullish pattern and fostering optimism among their holders. In a promising development for cryptocurrency enthusiasts, Binance has announced the addition of Neiro, Turbo, and Baby DogeCoin to its trading platform. This strategic expansion could significantly impact the altcoin market. If the price of Neiro continues to gain momentum, it could rally to $0.08. If this trend persists, a surge toward $0.1 in the near term might be on the horizon.
NLong
by paul_endeo
NEIRO | InformativeMEXC:NEIROETHUSDT Higher Highs (HH) and Higher Lows (HL): The indicator is identifying important market structure points where price forms higher highs and higher lows. These are indicative of an uptrend where the price is consistently making new highs and the pullbacks are higher than the previous ones. The last few points marked as "HL" suggest that the market is respecting these levels as higher lows, which could indicate a bullish continuation if the trend holds. Trendlines and Support/Resistance Levels: Several trendlines are drawn on the chart, indicating different angles of support and resistance. One ascending trendline is guiding the current higher lows. There are clearly defined horizontal levels such as "Bullish Line" (green), "Bearish Line" (red), "Target Price1," and "Target Price2," suggesting key psychological or technical areas that traders are watching. Price Action and Candlestick Patterns: The recent candlestick formations are relatively small, indicating a period of consolidation or low volatility after a strong uptrend. This consolidation might be building up for a breakout, and traders might look for signals such as a break above the recent highs or below the trendline support. RSI Indicator: The RSI is hovering around the 50-level, indicating a neutral momentum. A move above 70 would suggest overbought conditions, while below 30 would indicate oversold conditions. The RSI moving average crossover appears to show a potential upward momentum but remains relatively flat, which aligns with the current consolidation phase. Conclusion and Potential Trade Ideas: Bullish Scenario: If the price breaks above the most recent Higher High (HH) level with strong volume, it could indicate a continuation of the uptrend, targeting the next resistance level or "Target Price1." Bearish Scenario: If the price breaks below the ascending trendline and the last identified Higher Low (HL), it might suggest a trend reversal or a deeper pullback, targeting the "Bearish Line" or lower. Neutral Strategy: Given the current consolidation and neutral RSI, traders might also consider waiting for a confirmed breakout in either direction before taking a position.
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by shkspr
1