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The Neurashi price pumped over 9% in the last 24 hours to trade at $0.005972 as of 9:36 p.m. EST as traders go long on the altcoin.
Despite the strong 24-hour performance, the NEI price is still more than 19% in the red on the weekly time frame.
Neurashi Price Crosses Above Resistance
4-hour chart for NEI/USD (Source: GeckoTerminal)
The Neurashi price was able to break above a resistance level at $0.005859 in the last couple of hours, according to GeckoTerminal data. Should the crypto establish a position above this price point, it could have the foundation needed to continue rising. Traders might then try to push NEI above $0.006601 to potentially as high as $0.007418 in the short term.
However, a drop back below the $0.005859 mark could invalidate the bullish thesis. In this alternative scenario, the Neurashi price might end up testing the support at $0.005228.
Technicals Suggest The Neurashi Price Might Keep Climbing
From a technical point of view, indicator’s on NEI’s 4-hour chart warn the crypto’s price might continue rising in the next few hours. More specifically, both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing bullish signs.
That’s after RSI readings rose from deep oversold territory below 30 to the mid-40s to signal growing buyer strength. While the current reading below the neutral 50 mark suggests bears still have an upper hand, the positive slope of the RSI line indicates that this might not be the case for long. The RSI rising above 50 could signal that bulls have taken full control.
A major bullish technical flag is also on the verge of being triggered by the MACD on the 4-hour chart. This is after the MACD line rose towards the MACD Signal line in the last couple of hours. Now, the former is attempting to cross above the latter. If the two lines cross, traders might see the event as a sign that the Neurashi price has entered a positive trend.
As the Neurashi price tries to keep its bullish move going, investors are piling into the presale for a new AI Pepe called MIND of Pepe (MIND) for gains. According to 99Bitcoins, a prominent YouTube Channel with over 726K subscribers, the new meme coin has the potential to surge 100X after launch.
The First AI Derivative Of A Major Meme Coin Brand
An investor frenzy has erupted around frog-themed tokens in recent weeks, as seen with the successful presale performances and subsequent launches of Wall Street Pepe (WEPE) and Pepe Unchained (PEPU). MIND of Pepe, the first AI derivative of the Pepe the Frog brand, aims to capitalize on this trend to accelerate its own market adoption.
Central to the project is a sophisticated AI agent that is capable of identifying new trends in the crypto space. To do this, the computer model plugs in directly to social platforms like X, Discord and others. Once connected, it then performs hive-mind analysis.
If the AI agent spots a developing trend that could lead to profitable trade opportunities and that the rest of the market has not caught onto yet, the computer model shares its insights with the MIND of Pepe community through token-gated groups.
In addition to watching out for new trends online, the AI agent can also steer the market narrative to benefit the MIND of Pepe community by engaging with influencers and investors online. With this and its trend spotting capabilities, the AI agent creates and deploys its own tokens that its insights suggest could perform well in the market and align with the new trends.
Once the tokens are created, the MIND of Pepe AI agent gives MIND holders the chance at first buy-in before hyping up the tokens online.
Investors Bet Big On MIND’s Future
Investors are rushing to buy MIND during its ongoing presale, which has already raised more than $7.4 million so far. With the bullish predictions from experts like 99Bitcoins combined with the project’s appeal to meme coin and AI agent investors, it’s easy to see why buyers are stocking up MIND at this early stage.
Interested investors can buy MIND via the widget embedded on the project’s website using either ETH, USDT, BNB, USDC or bank card. After getting a hold of some MIND, investors can also stake their tokens for a 302% APY.
Selling for $0.0035518, buyers who want to get in at the best rate will want to hurry before the next presale price hike in less than 2 days.
Visit the MIND of Pepe website.
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