Neiro, a Cryptocurrency, has seen a recent price decrease against the US Dollar, Bitcoin, and Ethereum. As of now, Neiro is trading 30.80% below the prediction set for Oct 16, 2024. Despite this, Neiro has shown significant Growth, with a 3,650.23% increase in the last month and a staggering 44,712.10% Surge in the past year.
Currently, the Neiro price stands at $ 0.001534, representing a -15.55% drop in the last 24 hours. This decline contrasted with a 10.94% decrease in the total Cryptocurrency Market cap during the same period. NEIRO also underperformed against Bitcoin, registering a -15.16% loss.
NEIRO Price Prediction
According to our analysis, NEIRO is projected to reach $ 0.002217 by Oct 16, 2024, marking a potential 30.71% increase in the next 5 days.
Recent Performance
Over the last 30 days, Neiro has displayed a compelling uptrend, with a remarkable 3,650.23% gain. Looking at the medium-term performance, NEIRO has shown bullish tendencies, posting a substantial Growth of 44,712.10% in the last 3 months. In the long term, Neiro has impressively increased by 44,712.10% compared to a year ago when it was trading at $ 0.000003.
Neiro hit its all-time high price on Oct 09, 2024, reaching $ 0.001933. Currently, the Coin's cycle high stands at $ 0.001540, while the cycle low is $ 0.001523. With a 1-month volatility of 54.87, Neiro has experienced significant price fluctuations, recording 15 green days in the past 30 days.
Technical Analysis for Neiro on Oct 11, 2024
Neiro's market sentiment is currently bullish, despite the Fear & Greed index indicating fear among investors. Key support levels for Neiro are identified at $ 0.001574, $ 0.001470, and $ 0.001310, while resistance levels are set at $ 0.001838, $ 0.001998, and $ 0.002102.
Indicators for Neiro
A comprehensive analysis reveals that 15 indicators are pointing towards a bullish trend for Neiro, while 3 indicators suggest a bearish outlook. With 83% of indicators favoring a positive prediction, the overall sentiment for Neiro remains bullish.
Market Sentiment
Currently, the Fear & Greed index sits at 32 (Fear), indicating a negative sentiment within the cryptocurrency market. This index reflects investor sentiment and can serve as a guide for market movements.
Moving Averages & Oscillators
Key technical indicators such as Relative Strength Index (RSI) and Moving Averages (MA) provide insights into Neiro's current market positioning. For instance, the RSI 14 for Neiro is at 68.66, suggesting a neutral stance. Additionally, Neiro is trading below the SMA 50 and SMA 200 trendlines, indicating a bearish outlook.
Conclusion
Considering the available Data and analysis, the forecast for Neiro remains bullish, with a projected 30.71% increase expected by Oct 16, 2024. It is crucial to monitor market sentiment, key support and resistance levels, and technical indicators for informed decision-making. However, given the volatile nature of the cryptocurrency market, caution is advised, and investors are encouraged to seek professional advice before making any Investment decisions.
Disclaimer: This article provides general information and not investment advice. It is recommended to consult with financial professionals before entering the cryptocurrency market.
