NEIRO Price Prediction: Will NEIRO Continue the Bull Run for a New All-Time High in the Week Ahead?

As the crypto market remains volatile, the meme coin segment has lost the $50 billion market cap. With a 30-day peak at $53.25 billion

Meme coins have lost $50 billion in market capitalization, according to CoinMarketCap.

The 30-day peak for meme coins was $53.25 billion, but they have since dropped to $48.47 billion, with $7.38 billion in volume.

The First Neiro on Ethereum (NEIRO) is showing a bullish trend, while the majority of meme coins remain bearish.

NEIRO on ETH Price Performance

The first Neiro on Ethereum token has surged by almost 50% in the past seven days, with an 18.11% jump in the past 24 hours.

The bullish rally in the meme coin comes with its listing over the biggest crypto exchange, Binance.

Currently, the meme coin is trading at $0.0017, with an intraday gain of 3.79%. This marks the third consecutive daily bullish candle, creating a triple-white-soldier pattern. The bullish candlestick pattern accounts for a 76% surge.

In the 4-hour chart, the first Neiro on Ethereum reveals a bullish trend continuation with a bullish pennant and a falling channel breakout.

Currently, the falling channel breakout rally tests the 0.0018% resistance level, teasing a potential sideways shift.

Technical Indicators:

The MACD indicator shows the average lines maintaining a positive alignment with a surge in bullish histograms.

The 50 and 200 EMA in the 4-hour chart maintain a positive trend, revealing a surge in bullish momentum.

Will NEIRO Price Hit $0.0030?

Using the trend-based Fibonacci level, the bull run hits the 100% Fibonacci level and is taking support from the 78.60% level at $0.001572.

Further, the trend-based Fibonacci level paints the next potential targets at 1.618 and 2.618 levels at $0.002393 and $0.003379.

On the flip side, the crucial supports for the meme coin are present at $0.001572 and $0.001290.

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