Is It Too Late To Buy NEIRO? Neiro Skyrockets 500% On Binance Listing, And This Might Be The Next Crypto To Explode
The Neiro price surged 500% in the last 24 hours to trade at $0.0002547 as of 03:40 a.m. EST, with trading volume skyrocketing 1,152% to $119 million.
This comes after Binance confirmed the listing of three meme coins – NEIRO, Turbo, and Baby Doge Coin, sparking price surges for each coin.
Neiro Price To Continue Soaring
The Neiro price was on a prolonged consolidation from September 8 within the $0.000050 range, according to data from GeckoTerminal. The bulls seem to have won the struggle, with the price of Neiro now soaring above the upper boundary of the sideways pattern.
According to the 4-hour NEIRO/USD chart analysis, Neiro now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), an indication that the asset is on a sustained bullish rally.
Moreover, the Relative Strength Index (RSI) has crossed above the 70-overbought region 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 under continued bullish rally as it crosses above the neutral line.
The blue MACD line has also crossed above the orange signal line, an indication of a bullish crossover.
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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