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Cryptocurrency News Articles
First Neiro On Ethereum Price Surges Within The Bullish Channel
Oct 01, 2024 at 11:31 pm
The First Neiro On Ethereum price has surged 10% in the last 24 hours to trade at $0.001136 as of 7:05 a.m. EST on a 35% surge in trading volume to $387 million.
The First Neiro On Ethereum (NEIRO) price has surged 10% in the last 24 hours to trade at $0.001136 as of 7:05 a.m. EST on a 35% surge in trading volume to $387 million. The token has rallied over 260% in the past week and is now up an astonishing 1,000% in the last 30 days.
First Neiro On Ethereum Price Surges Within Bullish Channel
A 4-hour timeframe analysis of the Neiro/USD pair price action shows that the price remained consolidated in the last 48 hours, with low volatility and a relatively stable price movement. Following this, the price began a steep upwards parabolic rise.
The price chart shows a cross of the 50-period Simple Moving Average (SMA) above the 200-period SMA, indicating a bullish trend. This formation is commonly known as a “golden cross” and suggests a shift to an uptrend, with short-term momentum outpacing the long-term average.
Currently, the price is trading within a bullish channel, which is a price formation where the price moves upwards within two parallel lines. This formation typically signifies a sustained but controlled bullish trend.
NEIROUSD Analysis Source: Dextools.ioThe 50 SMA, represented by the blue line, is currently at 0.0011370, acting as a dynamic support for the price action. Meanwhile, the 200 SMA, represented by the green line, is at 0.0004703, which is significantly below the current price. This gap between the 50 and 200 SMAs confirms the strength of the uptrend.
First Neiro On Ethereum Price Poised For Bullish Continuation
The Moving Average Convergence Divergence (MACD) line (blue) and signal line (orange) are close to each other, with the MACD line slightly above the signal line, suggesting a neutral to slightly bullish signal. The MACD histogram bars are minimal, indicating that momentum is currently weak but could shift in either direction.
The Relative Strength Index (RSI) is at 54.73, which is relatively neutral. This indicates that the asset is neither overbought nor oversold. However, this also gives the bulls an opportunity to drive the First Neiro On Ethereum price higher, catapulting the RSI above the overbought zone.
The price is currently trading in an ascending channel after a strong parabolic rise and a golden cross of moving averages, indicating an overall bullish trend. The RSI and MACD both show neutral signals, with the potential for bullish continuation if buying momentum increases.
Key support levels include the 50 SMA and the lower trendline of the bullish channel. If the price maintains above these levels, further upside is possible. A break above the bullish channel could signal a continuation of the uptrend, while a break below the lower channel boundary might indicate a reversal or deeper consolidation phase.
Crypto All-Stars Presale Rockets Towards $2 Million
As the First Neiro On Ethereum Price surges, so does the funds raised by the new meme token ICO Crypto All-Stars (STARS). It’s now passed $1.9 million as investors snap up a token that offers an incredible 786% annual yield on staked tokens. Over 936 million tokens have already been staked.
ClayBro, a prominent crypto analyst with over 130K subscribers, says PEPU has the potential to soar 26X after its launch.
Crypto All-Stars is creating an innovative staking platform called MemeVault. This platform enables users to stake leading meme coins in a single location to earn rewards, a unique feature in the industry.
It removes the complexity of managing multiple protocols and platforms by providing a unified, streamlined staking experience, with all rewards paid in $STARS.
MemeVault allows users to stake 11 popular meme coins: Pepe, Dogecoin, Shiba Inu, Floki Inu, Milady Meme Coin, Brett, Turbo, Mog Coin, Toshi, Bonk, and Coq Inu.
Is @all_stars_coin the best meme coin launch of 2024?!
🚨 CRYPTO ALL STARS – Presale 👉 https://t.co/Ra9yjwiXI8 pic.twitter.com/yRAcnUdMxM
— Austin Hilton (@austinahilton) September 27, 2024
MemeVault leverages Ethereum’s ERC-1155 token standard to ensure secure staking for all ERC-20 tokens and allow for future expansion opportunities.
You can buy STARS for $0.0014769 using the buy widget on the official website. Buy before a price increase in less than 3 days to lock in the best price.
Buy $STARS here
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