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.
NEIROUSD Chart Anaysis Source: GeckoTerminal.com
According to the Neiro On Ton price analysis, bulls are currently aiming for a bullish trend reversal, as they push the price above the upper boundary of the falling wedge.
If the bulls succeed in the reversal, the price of Neiro On Tron could soar, as the bulls target $0.0020.
However, if the bearish trend continues, the Neiro On Tron could plunge, with $0.000457 acting as the immediate support level.
As investors flee Neiro On Tron, they are piling into the new meme coin casino project Memebet Casino (MEMEBET Token) , which has amassed over $214K in just three days and attracted the interest of at least one whale with a 50K purchase .
That’s a key reason why the popular YouTube channel Cryptonews, with over 10k subscribers, predicts that $MEMEBET Token could see a 100x increase after launch.
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Memebet Casino ($MEMEBET Token) is off to a flying start, raising over $214,000 for its innovative Telegram-based betting platform, which allows users to wager with meme coins for the first time.
This exciting development has already captured the attention of crypto enthusiasts with many saying it could be the next Rollbit Coin.
Launching soon, Memebet Casino aims to transform the decentralized crypto casino landscape by integrating both $MEMEBET and popular meme coins.
Catering to the “degen” community, Memebet Casino offers high-stakes gameplay, a global sportsbook covering major leagues like the EPL and NBA, and a diverse selection of crypto-native games.
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By acquiring $MEMEBET Token, players unlock a range of benefits, including substantial play-to-earn airdrops, exclusive degen rewards, and VIP perks.
Betting with $MEMEBET Token further amplifies your rewards through the platform’s play-to-earn system —wager more, and the returns get even bigger.
If this looks like something you don’t want to miss out on, join the presale now by buying $MEMEBET Token on the official website for $0.025 using USDT, ETH, or a bank card.
With a price increase scheduled in slightly more than 1 day, act fast to secure the best deal.
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