Neiro Ethereum Price Prediction: NEIRO Plunges 14% As This P2E Dogecoin Charges Past $6 Million

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The
Neiro
Ethereum
price
plunged
14%
in
the
last
24
hours



to
trade
at
$0.2321


as
of
00:40
a.m.
EST,
with
trading
volume
dropping
18%
to
$39
million.


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.


Can
Neiro
Ethereum
continue
with
this
momentum
to
push
into
the
top
10
meme
coins
list?

Neiro
Ethereum
Price
Aims
For
A
Continued
Rally


The
Neiro
Ethereum
price
has
been
on
a
tear
since
its
launch,
soaring
to
4,273%
to
the
current
price,
according
to
data
from



GeckoTerminal


Although
NEIRO
experienced
a
slight
dip
on
Aug.
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.


Optimistic
investors
aim
to
capitalize
on
the
pattern
to
push
the
price
through
a
sustained
bullish
rally.


NEIRO
still
trades
above
the
50-day
Simple
Moving
Average
(SMA),
which
supports
the
bullish
sentiment.


However,
the
Relative
Strength
Index
(RSI)
trades
down,
currently
at
53,
which
suggests
that
earlier
investors
may
be
booking
profits.
This
coincides
with
the
current
price
drop
below
the
lower
boundary
of
the
channel.


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.


If
the
momentum
continues,
the
price
of
Neiro
Ethereum
could
soar
above
the
channel,
as
the
bulls
target
$0.40.

Neiro Ethereum Price Chart Analysis Source: GeckoTerminal.com

Neiro Ethereum Price Chart Analysis Source: GeckoTerminal.com

Neiro
Ethereum
Price
Chart
Analysis
Source:
GeckoTerminal.com


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).


While
the
Neiro
Ethereum
price
bulls
search
for
more
buying
signals,
the



PlayDoge
(PLAY)


presale
is
attracting
more
investors,
as
it
promises
massive
gains
after
its
launch.


According
to
Jacob
Bury,
a
prominent
crypto
analyst
on
YouTube,
$PLAY
has
the
potential
to
soar
10X
after
its
imminent
launch.

PlayDoge
ICO
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Related
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