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Reading: Is It Too Late to Buy NEIRO? Price Jumps 2,047% in a Week![embed]https://www.youtube.com/watch?v=Mk_rOM1a2ug[/embed]
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Kriptoteka > Market > Meme > Is It Too Late to Buy NEIRO? Price Jumps 2,047% in a Week![embed]https://www.youtube.com/watch?v=Mk_rOM1a2ug[/embed]
Meme

Is It Too Late to Buy NEIRO? Price Jumps 2,047% in a Week![embed]https://www.youtube.com/watch?v=Mk_rOM1a2ug[/embed]

marcel.mihalic@gmail.com
Last updated: September 21, 2024 9:45 pm
By marcel.mihalic@gmail.com 7 Min Read
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<div wp_automatic_readability="132.84847901425">

        <div class="telegrame_cta_content"><div class="wrap" wp_automatic_readability="5.3142857142857"><div class="telegrame_cta_content_inr" wp_automatic_readability="28.342857142857"><p>Subscribe to our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram </a></u>channel to receive the latest updates on breaking news stories</p>
</div></div></div><p>The Neiro price has surged 2,047% over the past week, despite a 6.9% decline in the last 24 hours <a href="https://www.coingecko.com/en/coins/neiro-3">trading at $0.0008557</a> as of 6:30 p.m. EST, alongside a 21% drop in trading volume to $401 million.</p>
<h2>Neiro Price Analysis: Bulls Indicate A Trend Reversal</h2>
<p>The NEIRO/USD 4-hour chart reveals that NEIRO is in the initial phases of a possible bullish reversal. Data from GeckoTerminal suggests a recent shift from a consolidation phase to a steep upward trajectory characterized by a parabolic curve, indicating robust bullish momentum.</p>
<p>With the price hovering around $0.0008557, it has surpassed the 50-period simple moving average (SMA) at $0.0004439, while the 200-period SMA is slightly trailing below the current price at $0.0001523.</p>
<p>These are vital indicators of a potential shift from a bearish to a bullish trend. The 50-SMA, now functioning as a potential support level, could help stabilize the price following any pullbacks, while the 200-SMA continues its downward trend, signifying a bullish long-term outlook.</p>
<p><picture decoding="async" class="aligncenter wp-image-578768 size-full">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_Neiro_USD-UNI_2024-09-21_05-39-14.png.webp 1319w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_Neiro_USD-UNI_2024-09-21_05-39-14-300x130.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_Neiro_USD-UNI_2024-09-21_05-39-14-1024x443.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_Neiro_USD-UNI_2024-09-21_05-39-14-768x332.png.webp 768w" sizes="(max-width: 1319px) 100vw, 1319px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_Neiro_USD-UNI_2024-09-21_05-39-14.png" alt="Neiro price" width="1319" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_Neiro_USD-UNI_2024-09-21_05-39-14.png 1319w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_Neiro_USD-UNI_2024-09-21_05-39-14-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_Neiro_USD-UNI_2024-09-21_05-39-14-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/DEXTools.io_Neiro_USD-UNI_2024-09-21_05-39-14-768x332.png 768w" sizes="(max-width: 1319px) 100vw, 1319px"/>
</picture>
</p>
<p>NEIROUSD Analysis Source Dextools.io</p>
<p>Despite indicating a downtrend, the Moving Average Convergence Divergence (MACD) indicator remains bullish, trading above the neutral zone. The MACD average line, positioned significantly below the signal line, along with diminishing histogram bars suggest that Neiro price is encountering a slight pullback.</p>
<p>The Relative Strength Index (RSI) at 61.12 indicates overbought conditions, reflecting substantial buying pressure for the Neiro price, which suggests a cautious approach to mitigate potential retracements or consolidations in the short term.</p>
<p>Key support levels to monitor include the recent low of 0.0007579 and the rising 50-SMA. The next significant resistance is around 0.001156, where selling pressure may arise. While the momentum is currently bullish, the RSI approaching overbought conditions highlights the possibility of increased volatility.</p>
<h2>Neiro Price Forecast</h2>
<p>Price action indicates a target price in the vicinity of $0.001156, representing a potential upside if the price surpasses the resistance level at $0.0009741. This target is based on the expected reward potential from the ongoing reversal. Should the price break through the resistance level, a rally towards $0.001156 may occur.</p>
<p>On the lower end, the 200-SMA at $0.0001523 is a significant level to watch, serving as strong support in the event of any short-term pullbacks.</p>
<h2>PEPU Approaches $15 Million As Whales Enter The Market</h2>
<p><span style="margin: 0px; padding: 0px;">As Neiro price maintains its bullish ascent, investors are eagerly purchasing the new Layer 2 meme coin Pepe Unchained (PEPU), which has exceeded $14.3 million in initial funding.</span></p>
<p>Since Thursday, PEPU has attracted an additional $400,000 in funding as FOMO escalates among investors following hints about a potential upcoming listing.</p>
<p>This capital influx is also fueled by renewed bullish sentiment in the cryptocurrency market after the Fed implemented a 50 basis point rate cut on Sept. 18, which has positively influenced digital asset prices overall.</p>
<p>YouTuber ClayBro, boasting over 130k subscribers, posits that PEPU may emerge as the next frontrunner in the meme coin sector.</p>
<noscript></noscript>
<p>As the inaugural Pepe token to run on a proprietary Layer-2 blockchain, Pepe Unchained presents significant advantages including efficient bridging with Ethereum for seamless interaction with decentralized applications (dApps), smooth transfers, and low transaction fees.</p>
<p>This Layer-2 initiative aims to establish itself as a premier platform for trading meme coins. By tapping into the Ethereum Virtual Machine (EVM), developers have the opportunity to construct a diverse array of applications on the Pepe Chain.</p>
<p>In preparation for the launch of its Layer 2 chain, Pepe Unchained has rolled out “Pepe Frens With Benefits,” a program designed to provide grants to developers creating projects on this new chain.</p>
<p>Developers are encouraged to develop projects, submit grant applications, and await the Pepe Council’s voting results. Those chosen will receive the grant. Applications will be accepted starting in Q4 2024.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="9.8461538461538">
<p lang="en" dir="ltr">We're making rapid progress on the <a href="https://twitter.com/search?q=%24PEPU&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPU</a> token raise and Layer 2 Mainnet launch!</p>
<p>The Pepe Unchained developers have built something special, and we can’t wait to roll it out to the public. <a href="https://t.co/NMDQ1ZRnmN">pic.twitter.com/NMDQ1ZRnmN</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1836375103560650787?ref_src=twsrc%5Etfw">September 18, 2024</a></p></blockquote>

<h2>Secure 146% APY With PEPU</h2>
<p>Investors have the opportunity to stake PEPU tokens for a remarkable annual percentage yield (APY) of 146%.</p>
<p>With just over a day remaining before the next price increase, prospective investors should purchase PEPU tokens now while the price remains at $0.00982.</p>
<p>To engage in the presale, visit the official project website, connect your wallet, and acquire $PEPU using ETH, USDT, BNB, or a bank card.</p>
<h3>Related Articles:</h3>

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