Neiro Breaks Above Key Level Following 10% Weekly Drop, Is $0.0020 Next?

Quick Summary:

Crypto analyst Sjuul from AltCryptoGems suggested that the memecoin’s recent performance has been better than expected. After "a longer manipulation” and reclaiming the $0.00150 level over the weekend, the analyst believes Neiro is ready to move toward higher resistance levels, potentially targeting the crucial $0.0020 mark again.

Another trader suggested Neiro’s "situation on the chart is messy.” The trader stated that the token needed to break above the $0.00165 mark to continue its bullish trajectory and recover its ATH levels.

However, if Neiro is rejected instead, the token could see a 30% correction toward the $0.0010 support zone.The $0.00165-$0.00170 price range represented an important consolidation zone ahead of the token’s surge toward its ATH.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: United Kingdom

Topics: Crypto analyst Crypto market correction NEIRO price Ethereum Memecoins NEIROUSDT Dogecoin NEIRO Crypto trader Cryptocurrency Market News Memecoin Crypto market

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 10:30:44 (3 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 462 words

Reading Time: 3 minutes read

Sentences: 73 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 23325820

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