Neiro Price Prediction: NEIRO Soars 51% As Pepe Unchained Closes On $18 Million In Presale

The Neiro price soared 51% to trade at $0.001465 as of 5 a.m. EST on trading volume that skyrocketed 345% to $794 million.

While Neiro did see some major developments recently, such as partnering with Baby Doge Coin and getting listed on Binance, its new surge was likely influenced by the bullish sentiment of the wider crypto market.

The popular meme coin hit an all-time high when it reached $0.001492 a few hours ago. The question now is where will it go from here?

Neiro Price Prediction

Following the Neiro price surge, the token stabilized just above $0.0014, as mentioned. Soon, however, it might see its price continue its increase based on certain technical indicators.

The first one to pay attention to is the project’s price behavior in relation to its Bollinger bands. The bands have seen a sharp narrowing after the token reched the $0.0014 mark, which was a bearish sign. The price initially dropped from pushing the upper band to a middle point between the two, only to eventually drop to the lower band.

But, it didn’t push the price further down, suggesting that the token managed to turn the $0.0014 level into a support, and a strong one, at that. The price even returned to the upper band briefly, only to drop back down to the lower one again, and despite this, the support has managed to keep NEIRO’s price from dropping below it.

Another indicator suggesting that a surge might come next is the project’s Relative Strength Index (RSI), which went from the value of 90, deep in the overbought zone, to the neutral position at 49.70 as of the time of writing.

This decline happened as traders sold off their NEIRO tokens, but even so, the support managed to hold on. But, now that the bull run could reignite, it is quite possible that NEIRO will see its RSI value grow, should the traders start buying again. And, since the token still sits above the value of $0.0014, it is free to venture further up until it encounters the next big resistance, likely at $0.0016.

Promising Alternative To Neiro

While NEIRO has a good chance to continue growing, its recent surge has taken it to a giddying high. As a result, it remains to be seen how much higher than this the token is capable of going. Neiro is deep in uncharted territory now, so there is less certainty and more speculation involved at this point.

Investors looking for alternatives might want to consider a high-potential token that has yet to soar through the roof. Presales are the place to look for such potential gems, and right now one of the most promising options in that category is Pepe Unchained (PEPU).

PEPU is the newest alternative to Pepe (PEPE), and its blockbuster presale, one of the most successful of the year, has already rocketed past $17.8 million.

The 99Bitcoins YouTube channel, which has over 706k subscribers, sees 10x upside potential after launch and wondered if it might be the ”next PEPE.”

Its appeal is that it is the first Pepe-inspired meme coin to have its own blockchain. The project developed its own Layer-2 chain to combat the issues that are hampering the Ethereum-based PEPE’s growth potential.

The frog with the golden brain gearing up for L2 launch.

Join our official telegram to hang with the community!https://t.co/ahmb9L28KX pic.twitter.com/8hJQ7IuvJh

— Pepe Unchained (@pepe_unchained) October 5, 2024

That includes high fees, slow transaction speeds, and a lack of scalability. With its own L2 chain, PEPU was able to rise above these limitations and become “unchained,” hence the name.

PEPU tokens are priced at $0.0093 apiece and can be bought with ETH, USDT, BNB, or credit/debit card. If you want the best deal, buy before a price hike in about 17 hours.

Visit the official PEPU website here.

Related:

• How to Buy Pepe Unchained – $PEPU Presale Review
• Is $SHIB Set to Recover, or Will Pepe Unchained Dominate as Its Presale Nears the $15 Million Milestone?
• Pepe Unchained Presale Rockets Past $17.1M As Whale FOMO Intensifies

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