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The Neiro Ethereum price has soared 553% in a week even after a 6% tumble in the last 24 hours to trade at $0.1748 as of 00:51 a.m. EST on trading volume that surged 19% to $85.7 million.
Neiro Ethereum Price Prediction: NEIRO To Continue Soaring
The Neiro Ethereum price was in a continued downtrend from August 26 to September 4, from the $0.16 resistance down to the $0.02 support level. The support level allowed the bulls to push the token through a markup phase back to the resistance, forming a rounding bottom pattern.
According to the NEIROUSD 4-hour chart analysis, the bulls are capitalizing on the rounding bottom to push the price of Neiro Ethereum above the resistance.
The Neiro Ethereum price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish stance.
Moreover, the 50-day SMA seems to be moving towards the 200-day SMA, which could form a golden cross in the coming days, further supporting the likelihood of a bullish rally continuation.
NEIROUSD Chart Analysis (Source: GeckoTerminal)
If the bullish momentum continues, the price of Neiro Ethereum could soar even higher, as the bulls target $0.30.
However, the Relative Strength Index (RSI) seems to be correcting below the 70-overbought region, currently at 60 and moving downwards. If the selling continues, the Neiro Ethereum price could drop, with the 200-day SMA acting as the immediate support level at $0.1136.
As the NEIRO price soars, another project that’s drawing investors is the new Solana GameFi project, Mega Dice (DICE), which has only six days until its presale ends.
Mega Dice Raises Over $1.8 Million – Next 100X Crypto?
Mega Dice has raised over $1.82 million and has recently attracted the attention of whales with purchases like this recent $20k swoop.
WARNING: Time’s Almost Up to Grab $DICE at the Lowest Price! 🚨
The $DICE presale is about to close its doors, with the last price increase happening this Tuesday! This is your absolute final chance to get in on the best #GameFi token on #Solana before the price skyrockets! ⏳… pic.twitter.com/vzF1t77DsA
— Mega Dice Casino (@megadice) August 30, 2024
Mega Dice Casino has over 11,000 active users who lock in more than $50 million in bets every month. Users enjoy over 4,000 casino games and over 50 sports and eSports betting options.
According to 99Bitcoins, a prominent crypto channel on YouTube, $DICE has the potential to surge 100X after its launch.
Token holders also stand to share in the casino’s profits daily through its unique staking system.
Buy $DICE on the official website here for $0.116056 per token using BNB, ETH, or SOL before its presale ends in just 6 days. You can also earn 10% on any purchases made by investors you refer.
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