First Neiro on Ethereum Price Fluctuates

The First Neiro on Ethereum (NEIRO) has experienced a significant drop in price over the past 24 hours, plummeting 18% to trade at $0.002197 as of 5:50 a.m. EST. This decline stems from traders selling off their holdings of the meme coin.

NEIRO's Performance

In addition to the 24-hour loss, NEIRO's weekly performance has suffered, moving into negative territory. Consequently, the crypto has lost over 4% on the weekly time frame.

Price Rebound

Despite the recent跌幅, NEIRO has recently rebounded from support at $0.001880, showing positive momentum. If buyers continue to support the meme coin over the next 24 hours, NEIRO may gather the necessary momentum to establish resistance at $0.002460.

A突破 above the $0.002460 resistance level could provide NEIRO with the foundation for further short-term growth. Traders may then push the price up to the next major resistance level at $0.003040.

However, a rejection at the $0.002460 resistance could undermine the bullish trend. Sellers could regain control of NEIRO's price, resulting in a potential loss of support at $0.001880. Continued selling pressure could push NEIRO down to $0.001416.

Technical Indicators

Technical indicators on NEIRO's 4-hour chart suggest a gradual shift in momentum towards buyers. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicate the possibility of a reversal in NEIRO's bearish trend.

Bullish Technical Flag

A bullish technical flag is emerging on the 4-hour chart. The MACD line is approaching the MACD Signal line, and a potential crossover could signal a short-term positive trend for NEIRO.

Pepe Unchained (PEPU) Gains Traction

As NEIRO's price fluctuates, investors are eagerly anticipating the launch of layer-2 meme coin Pepe Unchained (PEPU). Pepe Unchained aims to alleviate the limitations of the Ethereum network, offering faster transaction speeds and lower fees.

Upcoming Exchange Listings

PEPU is expected to be listed on multiple tier-1 exchanges, fueling investor interest and causing a surge in buying activity. whales have also been actively accumulating PEPU in anticipation of its launch.

Ongoing ICO

PEPU has raised over $30.8 million through its ongoing ICO. Investors can purchase PEPU through the simple buy widget on the project's website.