NEIRO, a cryptocurrency, has recently entered the top 100 cryptos based on market cap, currently sitting at 85th place. Despite market volatility, NEIRO has performed well, rising 65.86% over the past week. There has been significant interest from whales, with over 29 million tokens accumulated by big holders. Whales such as GSRMarkets have increased their holdings and address 0xa1d and 0x00d have made large purchases, indicating strong interest in the token. Technical indicators, such as a bullish EMA crossover and breakout, suggest a potential 50% surge for NEIRO. However, investors should be cautious of market volatility. The support level at $0.00166450 is a key area to watch, and a successful retest could offer an opportunity to buy and reinforce the breakout. The psychological resistance level at $0.00250000 is also important. The Relative Strength Index suggests mild bullish momentum, with room for further upward movement. The MACD is bullish and the crossover indicates increasing momentum. The short-term bullish bias is confirmed by the positioning of the 50 and 100 EMAs.
- Content Editor ( thecoinrepublic.com )
- 2024-10-13
Neiro On Ethereum Enters Top 100, Faces Stiff Market Competition