Ethereum’s First Neiro Price Soars 9% in One Week, But Experts Say Consider This PEPE Upgrade for a 100x Gain

First Neiro On Ethereum price is up over 9% over the past week, following a 2% increase. jump Over the last 24 hours it has been trading at $0.001712 as of 11:34 PM ET.

NEIRO price also rose with meme coins The market capitalization of the entire sector fell by more than 2%.

First Neiro on Ethereum price challenging $0.001765 resistance

NEIRO/USDT 4-hour chart (Source: gecko terminal)

First Neiro On Ethereum price is attempting to challenge the $0.001765 resistance level. If traders successfully push the price of the meme coin above the technical barrier, NEIRO could gain the space it needs to continue rising over the next 24 hours. This could push First Neiro On Ethereum price as high as the subsequent resistance at $0.002147.

However, if the $0.001765 barrier is rejected within the next 12 hours, Ethereum’s first Neiro The price of that track. In this alternative scenario, traders could eventually put selling pressure on the meme coin, which could push NEIRO down towards the immediate support level of $0.001358. Continued selling pressure could lead to a plunge to $0.001025.

Tech experts warn that 1st Neiro is losing its strength on Ethereum price.

From a technical perspective, NEIRO’s 4-hour chart indicator suggests that the price of the meme coin may undergo some correction over the next 12 hours. Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators show signs of waning buyer power and waning bullish momentum.

The RSI reading has been falling over the past 12 hours, which is generally seen as a warning that buyers are losing control over cryptocurrency prices. The current reading is still above 50 at 58, but the negative slope of the RSI line suggests this may not be the case for long.

NEIRO’s bullish momentum also appears to be cooling off, which is evident in the MACD line falling towards the MACD signal line. If the gap between the two technical indicators continues to narrow, it could lead to a bearish crossover between MACD and the MACD signal line, indicating that First Neiro On Ethereum price has entered a negative cycle.

Technically, with signs of weakness starting to emerge for First Neiro On Ethereum price, investors may want to turn to layer 2 meme coin rivals. Baby Unchained (PEPU)is one of the most popular presales of the year after raising a massive $23.7 million.

Scalable framework suitable for the next Meme Coin supercycle

Meme Coin has been the best-performing asset in the cryptocurrency market this year, but backers still have a lot to look forward to as experts and analysts predict an upcoming Meme Coin supercycle. The hype around these tokens has already resulted in the outage of some of the largest layer 1 networks, including the TON and Solana chains.

This is where Pepe Unchained (PEPU), with its own layer 2 network, aims to make a difference. Pepe Unchained will enable 100x faster transaction speeds while reducing network costs due to excessive computing power.

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The project will also open up its lightning-fast blockchain to the rest of the meme coin market. This will provide the meme coin space with a technical framework to handle the massive tsunami of hype and trading volume that will hit the markets with the next supercycle.

In addition to scalability, Pepe Unchained also enables the development of decentralized applications centered around meme coins. Recently, the team announced the launch of a developer grant program to financially support approved applicants looking to build apps on the Pepe Unchained network.

Investors have bet big on the future of PEPU as analysts predict a 100x surge.

With a lightning-fast blockchain network, layer 2 functionality, the appeal of meme coins, and the high level of utility the project will bring to the meme coin space, Pepe Unchained has all the attributes needed to establish itself as a dominant player in meme coins. space.

An analyst on the 99Bitcoins YouTube channel, which has over 706,000 subscribers, said PEPU could soar as much as 100 times after launch.

There is still time for investors to participate in PEPU during the pre-sale phase. PEPU, which sells for $0.01199, can be purchased with ETH, USDT, BNB or bank cards through a widget included on the project website.

Buy PEPU tokens here. To secure the best deal, buy within 2 days before the price increases.

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