CandleFocus GSR Markets Move Millions as NEIRO Price Shows Bearish Signs
2024-10-22
Author: Content Editor
The price of NEIRO has decreased by 4.50% in the past 24 hours, with its market cap also dropping by the same percentage. However, trading volume has surged by 18.04%, indicating increased activity. GSR Markets has withdrawn a significant amount of NEIRO from Bybit, suggesting a potential price cooling phase and a strategy of market accumulation. GSR's holdings have surpassed Wintermute's, and there has been a transfer of NEIRO tokens to Binance for a marketing campaign. Technical indicators such as the moving average and RSI suggest further price declines and increased selling pressure. The nearest support level is $0.00168, while resistance is forming near $0.00190. The overall sentiment remains bearish, and the market might face further corrections if key support levels are breached.
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