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Is Neiro Ethereum (NEIRO) Poised for a +150% Jump?

$NEIRO surges 32%—discover the key levels that could lead to a +150% price jump in this analysis.

3 minNovember 7, 2024

Highlights:

$NEIRO broke key resistance, signaling potential for a +150% price increase.

The price could rise to $0.21, with $0.29 as the all-time high target.

RSI indicates strong buying pressure, but caution is needed as pullbacks may occur.

Is Neiro Ethereum (NEIRO) Poised for a +150% Jump?

Neiro Ethereum is gaining serious attention following its stellar performance lately. With Bitcoin hitting a new high of $76.8K, the market has gained renewed energy. Donald Trump’s recent victory has added to this excitement, sparking more interest in cryptocurrency. 

 

In the middle of this surge, Neiro Ethereum saw a 32% jump in just 24 hours, reaching $0.1072. This momentum suggests NEIRO may be on the verge of a major rally.

 

Breakout Points to Significant Gains

 

Recently, Neiro Ethereum broke through a key level at $0.089. This move signals the end of a descending triangle pattern, a common sign of an upward reversal. With the price now just above $0.10, NEIRO has established a solid foundation.

 

 

 If the $0.10 level holds, NEIRO could gain further momentum. Resistance now stands at $0.14. A break above this could push the price to $0.21. If NEIRO continues to climb, the all-time high of $0.29 could be within reach, a gain of +150% from the current price.

 

What to Watch for in the Coming Days

 

The Relative Strength Index (RSI) for NEIRO is nearing overbought levels, sitting at 59.25. This indicates growing buying pressure, which could lead to further price increases. 

 

However, high RSI levels often lead to pullbacks, so caution is necessary. If buying momentum holds, NEIRO could break past resistance levels and continue climbing. The next few weeks are critical for Neiro Ethereum. 

 

With Trump’s victory reviving interest in crypto, the outlook remains positive. Investors should watch if NEIRO holds above $0.10 and clears the $0.14 resistance. If these levels hold, a +150% jump may be just around the corner.

 

 

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