CandleFocus Binance Listing Drama Triggers 45% Crash in Neiro Ethereum Price
2024-09-17
Author: Content Editor
The listing of First Neiro on Ethereum (NEIRO) on Binance caused unexpected disruption in the market, disappointing holders who anticipated a boost in the price of NEIROETH. The introduction of NEIRO futures on Binance impacted the price negatively, leading to frustration among holders. The price of NEIRO experienced a crash, while the price of First Neiro on Ethereum jumped significantly. Holders expressed frustration with Binance, accusing the exchange of tarnishing its reputation. Despite the price drop, Wintermute Trading purchased a large amount of NEIROETH, which could be a positive sign. The RSI indicates an oversold condition, suggesting a potential rebound in NEIROETH's price. However, if selling pressure increases, the value of NEIROETH could drop further.
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