- First Neiro On Ethereum Price Resting On A Key Support
- First Neiro On Ethereum Price Losing Its Technical Strength
- Bringing Some Much-Needed Scalability To The Meme Coin Space
The First Neiro On Ethereum (NEIRO) price surged over 26% in the last 24 hours to trade at $0.001192 as investors continue to accumulate the token on Ethereum. NEIRO price is now up more than 220% over the last week and an astronomical 2,967% over the last month.
First Neiro On Ethereum Price Resting On A Key Support
The First Neiro On Ethereum price has formed a new resistance level at $0.001406 in the last few hours. NEIRO has pulled back from this level and is currently testing the nearest support at $0.001126. A drop below this level could lead to the meme coin falling to $0.000809 or even $0.000505 in a highly bearish scenario.
First Neiro On Ethereum Price Losing Its Technical Strength
Technical indicators on NEIRO’s 4-hour chart suggest a bearish scenario is more likely to play out over the next trading day. Both the RSI and MACD indicators are showing signs of weakening buyer strength and momentum. The MACD line is closing in on the MACD signal line, which could indicate a short-term bearish trend reversal. RSI readings have also declined, warning of a potential loss of bull advantage.
Bringing Some Much-Needed Scalability To The Meme Coin Space
Pepe Unchained (PEPU) aims to scale the popular PEPE token and other meme coins via its dedicated Layer-2 network. The PEPE token, now the third largest meme coin by market cap, will benefit from significantly faster and cheaper transactions. Future and current meme coins will likely join the ecosystem for access to the high-speed network.
The First Neiro On Ethereum price has experienced significant growth over the past month, but technical indicators suggest the possibility of a short-term trend reversal. Amid the rise of meme tokens, the Pepe Unchained project offers a solution for enhancing scalability and transaction efficiency in the meme coin space.
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