Neiro On Tron Price Plunges 24% As Crypto Whale Spends $50K On This New Meme Coin Casino Token – Next Rollbit Coin?
The Neiro on Tron price plunged 24% in the last 24 hours to trade at $0.001237 as of 00:33 a.m. EST even as trading volume crashed 54% to $1.1 million.
Neiro On Tron Price Aims For A Bullish Trend Reversal
The Neiro On Tron price has been on a notable downtrend since September 11, trading within a falling wedge pattern, according to data from GeckoTerminal .
The NEIRO price now trades below the 50-day Simple Moving Average (SMA), which coincides with the recent price downtrend.
However, the Relative Strength Index (RSI) seems to be rebounding from the neutral zone, currently at 48 and climbing towards the 50-midline level, showing that buyers are gaining momentum.
The bullish prospects are also supported by the Moving Average Convergence Divergence (MACD) moving towards the neutral line. The blue MACD line also crosses above the orange signal line, further cementing the token’s bullish outlook.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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