{"id":585723,"date":"2024-10-10T08:52:59","date_gmt":"2024-10-10T08:52:59","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=585723"},"modified":"2024-10-10T08:52:59","modified_gmt":"2024-10-10T08:52:59","slug":"first-neiro-on-ethereum-price-prediction-neiro-pumps-8-but-investors-are-flocking-to-this-2-0-pepe-for-parabolic-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/first-neiro-on-ethereum-price-prediction-neiro-pumps-8-but-investors-are-flocking-to-this-2-0-pepe-for-parabolic-gains","title":{"rendered":"First Neiro On Ethereum Price Prediction: NEIRO Pumps 8%, But Investors Are Flocking To This 2.0 PEPE For Parabolic Gains"},"content":{"rendered":"

The First Neiro On Ethereum price surged 8% in the last 24 hours<\/span> to trade at $0.001805<\/span><\/a> as of 00:34 a.m. EST as trading volume plunged 23% to $756 million.<\/span><\/p>\n

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

According to <\/span>GeckoTerminal<\/span><\/a> 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.<\/span><\/p>\n

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).<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

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.<\/span><\/p>\n

\"First
NEIROUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

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).<\/span><\/p>\n

Meanwhile, investors are flocking to buy a new Pepe upgrade called <\/span>Pepe Unchained (PEPU),<\/span><\/a> which has rocketed past $18.4 million in its blockbuster presale.<\/p>\n

According to 99Bitcoins, a YouTube channel with over 706K subscribers, this new meme coin could potentially surge by 100X following its launch.<\/span><\/p>\n