First Neiro On Ethereum
Following its launch on August 1, First Neiro On Ethereum (NEIRO) has swiftly risen to become one of the prominent names in the meme coin landscape, now ranking as the 22nd largest meme coin by market cap.
Despite the volatile market environment, Neiro has managed to exceed expectations, consistently achieving notable gains while many other coins struggle. However, with technical indicators suggesting a bearish outlook and the Fear & Greed Index reflecting a ‘Fear’ level at 39, a crucial question arises: Can First Neiro On Ethereum sustain its momentum and break into the top 10 meme coins?
In the past 30 days, Neiro recorded 14 days of gains, resulting in a 47% positive performance, alongside a significant price volatility of 38.06%. These metrics underscore Neiro’s potential but also raise concerns about its ability to maintain its upward trend.
Let’s explore our price predictions for First Neiro On Ethereum for 2024, 2025, and 2030 to gain insights into the long-term trajectory of this meme coin.
What is First Neiro On Ethereum (NEIRO)?
First Neiro On Ethereum (NEIRO) is an exciting new meme coin that has captured the attention of the cryptocurrency community with its unique backstory. Inspired by Neiro, a Shiba Inu owned by Atsuko Sato—the creator of the famous Doge meme—this coin represents more than just another digital currency. It embodies a legacy and the essence of meme culture and internet humor.
Following a trend of Neiro-themed meme coins on the Solana blockchain, NEIRO quickly emerged as a leading contender on Ethereum. Unlike its Solana counterparts, which struggled for prominence, NEIRO surged to the forefront, establishing itself as the clear champion in the battle for the Neiro meme.
While Atsuko Sato has not officially endorsed $NEIRO, the connection to her beloved Shiba Inu positions it as a worthy successor to the Doge legacy.
Current Market Status of NEIRO
Recently, the NEIRO token broke free from a month-long stagnation, experiencing a significant price surge that reached an all-time high of $0.0004284. This milestone represented over a 700% increase from its previous levels, drawing considerable interest to this meme-inspired cryptocurrency.
However, the token has since seen a minor correction, pulling back by 16.56% from its peak but remaining stable above the $0.00030 support level. Despite this dip, NEIRO has managed to retain 53.89% of its gains over the past 24 hours, with current trading at $0.0003622.
This resilience has propelled NEIRO’s market capitalization to $152,716,562, ranking it at 254th among cryptocurrencies. Additionally, the trading volume in the last 24 hours surged approximately 1443.53%, reaching $446,070,422.
This impressive volume-to-market dominance of 310.96% highlights NEIRO’s strong market presence and activity, even amidst recent price fluctuations. The token’s dynamics continue to evolve, with a circulating supply of 418,589,961,201 NEIRO, accounting for 99.50% of its total supply of 420,690,000,000 NEIRO.
As NEIRO stabilizes and garners market interest, many are watching to see how it will perform in the coming days.
First Neiro On Ethereum (NEIRO) Price Analysis
Following the recent price surge, the NEIRO token has become a focal point for investors and traders eager to leverage its volatility and potential for significant returns. With its current market cap ranking at 254, NEIRO is emerging as a cryptocurrency to watch closely as it continues to make substantial market moves.
In this section, we provide an in-depth analysis of NEIRO’s market performance, offering real-time data and insights to help investors make informed decisions regarding its growth potential.
First Neiro On Ethereum (NEIRO) – Bollinger Bands Analysis
The Bollinger Bands indicator on NEIRO’s 4-hour chart reveals interesting trends in the token’s market behavior. For a considerable period, NEIRO was trapped in a sideways trend, fluctuating between $0.000110009, which served as a resistance level, and $0.00002400 as support.
This range-bound movement ended with a dramatic breakout that propelled NEIRO’s price upward significantly. The token initially encountered substantial resistance at the $0.00044012 level, which it successfully surpassed. This breakthrough allowed NEIRO to reach an all-time high of $0.00045723, demonstrating the strength of its bullish momentum.
Source: TradingView
The expansion of the Bollinger Bands highlights the increased volatility in NEIRO’s market, indicating heightened activity and interest from investors. This breakout suggests that NEIRO may continue its upward trend in the near future. However, caution is advised, as the token has entered overbought territory according to the Bollinger Bands.
Consequently, a potential correction could be imminent, drawing NEIRO back toward the middle band at $0.00015060. This level may act as a support point, offering a foundation for the token to regain strength before making another attempt at upward movement.
First Neiro On Ethereum (NEIRO) – Relative Strength Index
Similar to the Bollinger Band analysis, the Relative Strength Index (RSI) also indicates that the NEIRO token has been in a consolidation phase before its recent upward breakout. Currently, the RSI is at 84.58, placing NEIRO firmly in the overbought range, which suggests that a short-term pullback might be forthcoming.
Source: TradingView
This potential correction could cause NEIRO’s price to pull back toward the $0.000110009 support level before any renewed upward movement. However, if overbought conditions continue, NEIRO might surprise traders and maintain its bullish trajectory.
In such a case, the token could challenge its all-time high and potentially exceed it, further solidifying its influence in the market.
First Neiro On Ethereum (NEIRO) – Moving Average Convergence Divergence
The MACD indicator reflects a strong bullish sentiment for NEIRO, with the MACD line moving sharply upward and currently positioned at 0.00008758—well above the signal line. Despite this positive momentum, there are indications that this bullish sentiment may be losing strength.
Source: TradingView
The MACD histogram bars, which visually represent the strength of this trend, are beginning to decrease in size. This could be an early indication of a potential correction in the near term. If this correction occurs, NEIRO might retrace toward the $0.000110009 support level before any significant upward movement resumes.
First Neiro On Ethereum (NEIRO) Price Prediction for 2024
The DMI indicator suggests robust bullish momentum for NEIRO, with an ADX reading of 40.4514 indicating a well-established trend. The +DI at 48.5815 significantly exceeds the -DI at 6.2922, highlighting the dominance of buyers in the market.
Given these favorable market conditions, the NEIRO token is well-positioned for further gains as the bullish momentum remains strong. This could propel it past its all-time high and potentially eliminate a zero, reaching around the psychological $0.001 mark by the end of the year.
Source: TradingView
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However, if market conditions change, a correction may occur as traders take profits. This could result in a temporary pullback toward the $0.000110009 support level. Should NEIRO breach this support, it might retrace further to its all-time low around the $0.00002400 range.
First Neiro On Ethereum (NEIRO) Price Prediction for 2025
According to projections from Coin Edition, NEIRO could reach $0.0066, driven by optimism following the Bitcoin halving. However, a market correction may see it drop to $0.0003514 as investor sentiment cools.
First Neiro On Ethereum (NEIRO) Price Prediction for 2026
Our forecast suggests that NEIRO might retrace to the $0.00018296 level due to decreased enthusiasm post-Bitcoin halving, but it could peak at $0.000959 during a mid-year surge.
First Neiro On Ethereum (NEIRO) Price Prediction for 2027
Coin Edition anticipates that NEIRO could reach $0.0048, fueled by renewed interest ahead of the 2028 Bitcoin halving. Conversely, it may dip to $0.0006 due to volatility in the market leading up to the halving.
First Neiro On Ethereum (NEIRO) Price Prediction for 2028
According to Coin Edition’s analysis, NEIRO could climb to $0.0020 following the Bitcoin halving event. However, post-halving corrections might bring it down to around $0.0012.
First Neiro On Ethereum (NEIRO) Price Prediction for 2029
As projected by Coin Edition, NEIRO could peak at $0.0055 with strong community backing. Nevertheless, it might fall to $0.0028 amid broader market corrections.
First Neiro On Ethereum (NEIRO) Price Prediction for 2030
Coin Edition forecasts that NEIRO may hit $0.01 as it strengthens its market position. On the other hand, it could drop to $0.0051 due to potential profit-taking.
First Neiro On Ethereum (NEIRO) Price Prediction for 2040
According to Coin Edition, NEIRO might soar to $0.100, supported by long-term adoption and technological advancements. However, it could also experience lows around $0.025 if market dynamics shift negatively.
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