Flow

Major

First Neiro On Ethereum

PEPE

<ul class="wp-block-list">
 <li>NEIRO enters into the $0.001445 range, with an increase of over 46%.</li>
 <li>The market witnessed NEIRO liquidation of $7.20 million.</li>
</ul>
The meme coin market is priced in green, the prices are returning from their recent lows. Along with the dog-themed meme coin, First Neiro On <a href="https://thenewscrypto.com/is-ethereum-poised-to-lead-a-bullish-rebound-amid-market-challenges/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> (NEIRO) has registered an increase of over 46% in the past 24 hours.&nbsp;
The meme coin opens the day at $0.000986. As the day progressed, the price climbed up. The meme coin currently trades at $0.001445. In the last 24 hours, the asset recorded the lowest price at $0.0009746, and the highest at $0.001502, according to CMC <a href="https://coinmarketcap.com/currencies/first-neiro-on-ethereum/" rel="noopener noreferrer nofollow">data</a>. Moreover, the market witnessed NEIRO liquidation of $7.20 million as per <a href="https://www.coinglass.com/LiquidationData" target="_blank" rel="noopener noreferrer nofollow">CoinGlass</a>.&nbsp;
On the other hand, the on-chain <a href="https://x.com/spotonchain/status/1843110266692886573" target="_blank" rel="noopener noreferrer nofollow">data</a> reveals that a NEIRO buyer has swapped 190.5 billion PEPE and 6 ETH for 1.466 billion NEIRO, worth $1.8 million. From August 15 to September 26, the <a href="https://thenewscrypto.com/can-neiro-ethereum-neiro-capitalize-on-recent-whale-activity/" target="_blank" rel="noopener noreferrer nofollow">whale</a> made 3 trades in NEIRO, earning a profit of $824K.
<h3 class="wp-block-heading" id="h-will-neiro-continue-the-current-momentum">Will NEIRO Continue the Current Momentum?</h3>
NEIRO recorded a notable 1969% gain over the past thirty days. The peak price was noted at $0.001287. The upside price momentum continued over the past week with a 41% increase. The asset began trading at $0.001045, gradually sliding to $0.0008587.&nbsp;
The asset’s daily relative strength index (RSI) is sitting above 75, in the overbought ground in the market. Besides, the daily frame of NEIRO highlights the bullish state as the short-term 9-day and long-term 21-day moving averages were noted below the current price.
In addition, the Chaikin Money Flow (CMF) is noted at 0.25, indicating increased money flow and the asset’s trading volume has increased by 358% to $826 million.&nbsp;
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXci42RGYAdSsyAVhE3Kktn17DnKkOJSaNIt6OGQ3hp_oc7VpSPZTGmrkqnaDzykoGveKslOobW7ndGy9eKUN7UHqMoFBGdKnFvBBe2kK21-YtyMrYSeWXTuE6lJGS0Ex-x0VHXWa4Fqzmr_yadapeyQHts?key=O9S_J3DTXHe9_OYNa0oG1g" alt="">
 <figcaption class="wp-element-caption">NEIRO price chart (Source: <a href="https://in.tradingview.com/symbols/NEIROUSDT/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div>
NEIRO’s successful breakout at $0.001512 could pave the way for the asset to likely test the key resistance at the $0.001600 range. Conversely, if the asset falls below the $0.001410 mark, it might step into the consolidation period. It potentially could push the asset’s price to a low of $0.001300 zone or even lower.&nbsp;&nbsp;
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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