CandleFocus First Neiro on Ethereum (NEIRO) Leads Market Gains, Touches All-Time High
2024-10-10
Author: Content Editor
The price of First Neiro on Ethereum (NEIRO) has surged by 87% in the past week, making it the best-performing cryptocurrency in the market. The altcoin reached an all-time high of $0.0019 but experienced a brief pullback. However, its technical setup indicates that NEIRO may reclaim this high and continue to rally. The surge in price has been accompanied by an increase in futures open interest, suggesting strong market support. NEIRO also has a positive funding rate, indicating bullish sentiment. However, there has been a spike in speculative trading, as seen by the decline in mean coin age. If profit-taking increases, NEIRO's price could decline by 41%, but if buying pressure outweighs selling pressure, it could recover and surpass its all-time high.
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