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The Neiro On ETH price surged 124% in the last 24 hours to trade at $0.06147 as of 00:34 a.m. EST on trading volume that skyrocketed 129% to $63 million.
Neiro On ETH Price Gearing Up For A Bullish Trend Reversal
The Neiro On ETH price has been on a downward trend since August 25, dropping within a falling channel pattern, according to data from GeckoTerminal.
However, the bulls seem to have found some strong support around $0.020, which has enabled the price of Neiro On ETH to soar past the upper boundary of the channel.
The NEIRO bulls aim to sustain the bullish stance, as the Neiro On ETH price now trades above the 50-day Simple Moving Average (SMA). The 200-day SMA now acts as the next resistance zone.
Moreover, the Relative Strength Index (RSI) is soaring toward the 70-overbought region, currently at 59, which shows buyers are actively adding to their positions.
The Moving Average Convergence Divergence (MACD) is also soaring toward the neutral line, which is an indication of rising momentum. The blue MACD line also crosses above the orange signal line, representing a bullish crossover.
According to the major indicators, the NEIRO price is currently on a bullish trend reversal. If the rally continues, the price of Neiro On ETH could soar to the next resistance zone at $0.145.
However, if the bears take control of the price at this point, NEIRO could plunge back to the $0.0471 support level.
As the Neiro On ETH price soars, traders are pivoting to a new PEPE 2.0 project called Pepe Unchained (PEPU), which is one of the most successful presales of the year.
According to 99Bitcoins, a popular crypto YouTube channel with over 706k subscribers, PEPU could be the next 10x meme coin.
Pepe Unchained Soars Past The $12 Million Mark
In just three days, the presale for Pepe Unchained has raised an additional $500,000, bringing the total funding to over $12 million.
As its name suggests, Pepe Unchained frees PEPE from his old, clunky Layer-1 server room by giving it its own proprietary Ethereum Layer 2 blockchain.
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
The surge in investor interest highlights the increasing awareness of Pepe Unchained in the crypto market. Its Layer 2 chain, which brings faster and cheaper transactions to Pepe ownership, prompts some analysts to say PEPU may dethrone PEPE as the leading frog-themed meme coin in the industry.
Token holders can also earn passively through the platform’s staking system, which offers an annual percentage yield (APY) of 169%.
You can buy $PEPU tokens for $0.0094982 each. With a price hike coming in about 12 hours, 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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