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The First Neiro On Ethereum price surged 8% in the last 24 hours to trade at $0.001805 as of 00:34 a.m. EST as trading volume plunged 23% to $756 million.
First Neiro On Ethereum Price Aims For A Continued Rally
According to GeckoTerminal data, the First Neiro On Ethereum price has been on an uptrend since mid-September, as the bulls capitalized on the $0.000049 support. The $0.001231 resistance allowed the price of First Neiro On Ethereum to trade in a consolidation zone.
The bulls have won the struggle within the consolidation, as NEIRO price soared through a parabolic curve before consolidating. However, the bulls now seem to be pushing the price of First Neiro On Ethereum, as the token now trades gracefully above both the 50-day and 200-day Simple Moving Averages (SMAs).
The Relative Strength Index (RSI) is at 68.66, nearing the overbought territory (above 70). This suggests that while the momentum is currently strong, the asset may soon enter an overbought phase, potentially leading to a correction or consolidation in the near term.
The price is forming a higher-highs, higher-lows structure, indicating a healthy uptrend. It has broken above previous resistance levels around 0.0017–0.0018, and based on the green arrow’s projection on the chart, the next potential resistance could be around 0.0020 or 0.0025.
After the recent rally, there is a slight consolidation above the 50-day SMA, showing a possible bullish flag pattern, which often precedes another upward breakout.
Conversely, if First Neiro On Ethereum price breaks below the 50-day SMA, it might suggest a temporary retracement to test support levels, possibly around 0.000784 (200-day SMA).
Meanwhile, investors are flocking to buy a new Pepe upgrade called Pepe Unchained (PEPU), which has rocketed past $18.4 million in its blockbuster presale.
According to 99Bitcoins, a YouTube channel with over 706K subscribers, this new meme coin could potentially surge by 100X following its launch.
Pepe Unchained Raises Over $18.4 Million – Best Crypto To Buy Now?
Pepe Unchained continues to strut its stuff after hitting the $18 million milestone early Tuesday. In the last two days, whales have been making big bets on the project, with three notable purchases worth $50K, $16K, and $15K.
As it remains chained to Ethereum, the OG Pepe is constrained by Layer 1 limitations that include slow speeds and high costs. Pepe Unchained is designed to solve these issues, and ”unchain” PEPE from its old, clunky blockchain.
Pepe Unchained L2 Sneak Peek!
What we're building is not just a new chain, but an entire ecosystem.
🐸Pepe Unchained L2
🐸Block Explorer
🐸DEX
🐸Bridge
🐸Advanced Analytics
🐸Builder GrantsPepe Unchained is coming. And it's going to shake up the crypto space. pic.twitter.com/ZVnvgO6MGF
— Pepe Unchained (@pepe_unchained) September 26, 2024
That’s why the project will run on its own proprietary Ethereum Layer 2 blockchain.
With many developments underway, including a developer grants application set to launch this quarter and a recently posted teaser of its upcoming Layer 2, it’s little wonder that capital continues to flood the project.
Who needs some Brain Powder?
Pepe is gearing up for the official launch of his very own blockchain! 🚀 pic.twitter.com/kZC72UmxFy
— Pepe Unchained (@pepe_unchained) June 20, 2024
Token holders can earn passively through the platform’s staking system, which offers an annual percentage yield (APY) of 118%.
You can buy $PEPU tokens for $0.00995 each. With a price hike coming in slightly more than a day, buy soon to lock in the best deal.
To join the presale, buy $PEPU from the official website here using ETH, USDT, or a bank card.
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