The NEIRO token on the Ethereum network has experienced a 10% increase in value over the past week. This can be attributed to investors holding onto their NEIRO tokens for longer periods and an increase in accumulation by large investors known as whales. The longer holding time of transacted coins suggests growing confidence and bullish sentiment towards the token. The netflow of NEIRO whales has also spiked, indicating their increased accumulation and confidence in the future price performance of the asset. If investors continue to hold and whales accumulate more, the altcoin may surpass the resistance level of $0.0011 and potentially reach its all-time high of $0.0031. However, if traders start taking profits and whales reduce their accumulation, this bullish projection could be invalidated, leading to a potential drop in the NEIRO token price to $0.00053.
- Content Editor ( beincrypto.com )
- 2025-01-02
NEIRO Targets $0.0031 High with Rising Coin Holding Time