{"id":562760,"date":"2024-08-09T07:12:07","date_gmt":"2024-08-09T07:12:07","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=562760"},"modified":"2024-08-09T07:11:56","modified_gmt":"2024-08-09T07:11:56","slug":"neiro-ethereum-price-prediction-neiro-plunges-14-as-this-p2e-dogecoin-charges-past-6-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/neiro-ethereum-price-prediction-neiro-plunges-14-as-this-p2e-dogecoin-charges-past-6-million","title":{"rendered":"Neiro Ethereum Price Prediction: NEIRO Plunges 14% As This P2E Dogecoin Charges Past $6 Million"},"content":{"rendered":"

The Neiro Ethereum price plunged 14% in the last 24 hours <\/span>to trade at $0.2321<\/span><\/a> as of 00:40 a.m. EST, with trading volume dropping 18% to $39 million.<\/span><\/p>\n

From its launch on July 28, Neiro Ethereum has continued to surge to the top of the meme charts and is now the 17th largest meme coin by market capitalization.<\/span><\/p>\n

Can Neiro Ethereum continue with this momentum to push into the top 10 meme coins?<\/span><\/p>\n

Neiro Ethereum Price Aims For A Continued Rally<\/h2>\n

The Neiro Ethereum price has been on a tear since its launch, soaring to 4,273% to the current price, according to data from <\/span>GeckoTerminal<\/span><\/a>. <\/span><\/p>\n

Although NEIRO experienced a slight dip on August 2, pushing the price down to the $0.09 support, the bulls have shown resilience. The Neiro Ethereum price bulls have been able to push the price through a markup phase and within a rising channel pattern.<\/span><\/p>\n

Optimistic investors aim to capitalize on the pattern to push the price through a sustained bullish rally.<\/span><\/p>\n

NEIRO still trades above the 50-day Simple Moving Average (SMA), which supports the bullish sentiment.<\/span><\/p>\n

However, the Relative Strength Index (RSI) trades down, currently at 53, which suggests that earlier investors may be booking profits and coincides with the current price drop below the lower boundary of the channel.<\/span><\/p>\n

According to the Neiro Ethereum price analysis on the 4-hour chart, the token is in a sustained bullish trend, which will continue if the bulls capitalize on the rising channel pattern.<\/span><\/p>\n

If the momentum continues, the price of Neiro Ethereum could soar above the channel, as the bulls target $0.40.<\/span><\/p>\n

\"Neiro
Neiro Ethereum Price Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

However, the RSI shows that investors are now selling. If this continues, NEIRO could plunge to the immediate support zone at $0.189 (50-day SMA).<\/span><\/p>\n

Meanwhile, as the Neiro Ethereum price bulls search for more buying signals, the <\/span>PlayDoge (PLAY)<\/span><\/a> presale is attracting more investors, as it promises massive gains after its launch.<\/span><\/p>\n

According to Jacob Bury, a prominent crypto analyst on YouTube, $PLAY has the potential to soar 10X after its imminent launch.<\/span><\/p>\n