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The Neiro on ETH price soared 18% in the last 24 hours to trade at $0.1597 as of 03:18 a.m. EST even as trading volume crashed 58% to $32 million.
Neiro on ETH Price on a Bullish Breakout
The Neiro on ETH price is exhibiting a strong bullish trend, following a breakout from a rounding bottom pattern at $0.1696.
The price is currently trading above both the 50-day and 200-day Simple Moving Averages (SMAs), signaling robust upward momentum.
The Relative Strength Index (RSI) stands at 64, comfortably above the 50-midline, further confirming the asset’s bullish position.
Chart analysis from GeckoTerminal suggests that Neiro on ETH price could climb to its next resistance level at $0.20.
However, the Moving Average Convergence Divergence (MACD) is approaching the neutral line as it declines, indicating waning momentum. If this downtrend continues, NEIRO price may fall towards its support level at $0.1427, which aligns with the 200-day SMA.
If this momentum continues, Neiro on ETH Price could drop to the $0.1427 support, coinciding with the 200-day SMA.
Meanwhile, investors are pivoting to the new play-to-earn game Shiba Shootout (SHABISHOOT), which has already amassed over $1 million in presale.
According to 99Bitcoins, one of the top crypto education channels on YouTube with over 706k subscribers, SHIBASHOOT has the potential to achieve 100x growth.
Shiba Shootout Presale Surges Past $1 Million
Shiba Shootout creates a Wild West-inspired environment that breaks through traditional crypto boundaries, offering an adventurous experience that blends creativity, strategy, and the excitement of cowboy duels.
Users can explore the crypto world as Shiba cowboys, engaging in thrilling high-stakes battles with plenty of opportunities for fun and rewards. The project’s main feature, a play-to-earn (P2E) mobile game, takes players to Shiba Gulch, a vibrant battleground where they can earn $SHIBASHOOT tokens after high-stakes duels.
Hurry! 🚀 Next price hike is just around the corner!
Join our community NOW and claim your free tokens before it's too late! 🎉
Join us at: https://t.co/Fxf9PWP0gz pic.twitter.com/t8H6MqqhSE
— shibashootout (@shibashootout) July 31, 2024
The mobile game has already amassed over 1,000 downloads on the Google Play Store, and a Web3 app will soon launch.
Apart from P2E crypto gaming in Shiba Gulch, $SHIBASHOOT holders can earn passively through the platform’s staking mechanism, offering 860% in annual rewards.
Moreover, the developing ecosystem features Posse Rewards, where users can invite friends to join the community, and both parties can earn bonus Shiba Shootout tokens for each new signup.
If you are interested in participating in the presale, you can buy the token currently for $0.0202. But don’t wait too long as the price will increase in less than 7 days.
You can buy SHIBASHOOT tokens on the official website here using ETH, BNB, USDT, or a bank card.
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