Neiro (First Neiro On Ethereum)

Date: Mon, Oct 21, 2024, 03:32 PM GMTIn the cryptocurrency market today, unexpected movements are shaking things up. Many traders anticipated Bitcoin (BTC) would break through the $70K mark, but instead, it has dropped to around $67K. This decline has impacted various major <a href="https://coinsprobe.com/goatseus-maximus-goat-sees-significant-decline-amid-mixed-whale-activity/" rel="noopener noreferrer nofollow">memecoins</a>, including First Neiro on Ethereum (NEIRO), which has seen a price drop of nearly 8% in the last 24 hours, bringing its weekly loss to a total of 16%.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/c589c55df83c4e75aab62f0a59fc2114.png" />Source: Coinmarketcap<h2 id="header-0">Is NEIRO Repeating the Same Pattern?</h2>Despite the recent dip, NEIRO’s price action suggests it could be gearing up for another big move. On October 3, the token retraced to a key support level after a 73% rally. From that point, NEIRO surged nearly 170%, catching many by surprise.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/59066a9f3c174ce58395cb5709ed34e8.png" />Source: TradingViewNow, NEIRO appears to be following a similar trajectory. After a 50% rally from a previous support zone, it has again dropped near a key level, showing potential signs of another reversal. As of now, NEIRO is trading at $0.001724. If history repeats, the token could aim for its $0.001875 resistance level in the coming hours.<h2 id="header-1">What’s Next for NEIRO?</h2>If NEIRO continues to mirror its previous patterns, the next few hours could present an opportunity for traders to capitalize on its momentum. However, given the volatile nature of the crypto market, it’s essential to remain cautious.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before making any investment decisions in the cryptocurrency market.Also Read: <a href="https://coinsprobe.com/apecoin-ape-and-dydx-dydx-rally-together-are-they-following-the-same-trend/" rel="noopener noreferrer nofollow">Apecoin (APE) and dYdX (DYDX) Rally Together – Are They Following the Same Trend?</a>

Is First Neiro on Ethereum (NEIRO) Repeating the Same Pattern That Triggered a 150% Rally Last Time?

Table of Contents

CoinsProbe

Other articles published on Oct 21, 2024

Vitalik Buterin Talked about “The Surge”: Ethereum’s Future

Solana and Ripple Investors Jump on Lunex Network For Insane Revenue Sharing

Best Low Supply Cryptocurrencies in 2024: Investment Opportunities with Strong Utility

Solana Co-Founder Praises Base’s Role in Ethereum

Ripple (XRP) Network Experiencing Unusual Activity Spikes – Here’s Why

Why RCO Finance is the Best Crypto to Buy in the US over Ripple and Cardano if You Want to Make $...

Join our free newsletter for daily crypto updates!