Neiro Coin (NEIRO) has captured the attention of the crypto market, experiencing a whopping 4,608% increase in value within a mere 30 days. The memecoin’s extraordinary 48x return in a single month was a result of its precipitous rise from $0.000039 to $0.002. Neiro explodes in price in the last month. Source: Coingecko Related Reading: Dogecoin Revival: Active Addresses Skyrocket To Highest Level In 8 Months Despite this dramatic rally, the coin has slowed down its momentum, losing 15% from its peak of $0.0022. Price forecast from CoinCodex still calls for further increases in the future for the cryptocurrency, foreseen to reach 219%, getting up to a price of $0.019284 by November 2024, as traders start wondering if this is only the beginning of a much more massive drop. In the short term, traders are concerned with whether Neiro’s retracement is temporary or if the memecoin has reached its maximum potential. However, this long-term forecast indicates the possibility of substantial upside. Retracement Strikes Critical Support Neiro’s recent drop in price coincided with a daily bullish order block, causing the price to fall to a c ..
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