$NEIRO is currently trading around $0.000655 - $0.000670 USD. This reflects a notable increase of approximately 11-13% in the last 24 hours and a significant gain of over 160-190% in the last month, although it is still down significantly from its all-time high of around $0.0031 USD (recorded in November 2024 or May 2025 depending on the data source).
Detailed Price Analysis:
Neiro, a meme-inspired cryptocurrency running on the Ethereum blockchain, has shown strong recent upward momentum, attracting renewed interest after a period of lower prices.
Recent Price Action: NEIRO has experienced a sharp increase in price over the past month, with significant surges in the last 24 hours. This indicates strong buying pressure, potentially driven by renewed interest in meme coins or specific developments related to the Neiro project. It's attempting to break above key resistance levels.
Trading Volume and Market Cap: With a 24-hour trading volume ranging from $210 million to $345 million USD, NEIRO shows substantial market activity and liquidity. Its current market capitalization is around $228 million to $275 million USD, placing it within the top 200-300 cryptocurrencies by market cap. This considerable volume supports the validity of the recent price movements.
Technical Indicators:
On the 1-day timeframe, NEIRO is trending bullish, with the 50-day moving average sloping upwards and acting as a potential support level. However, the 200-day moving average is still sloping down and is currently above the price, which could act as resistance if the price interacts with it. This suggests that while the short-term trend is strong, the longer-term trend might still be considered weak by some.
The Relative Strength Index (RSI) is currently above the 30-70 neutral zone, indicating that the price is trending overbought. While an overbought RSI can sustain for a period in strong bull runs, it also signals a higher probability of a short-term pullback or consolidation.
Some analyses suggest a bearish divergence within the last 14 candles on the RSI, which is a weak signal for a potential price reversal. However, other indicators like MACD might not show clear bullish or bearish divergences, suggesting a mixed technical outlook.
Key resistance levels to watch are around its recent highs and potential Fibonacci retracement levels. Previous price action shows it reached around $0.00067-$0.00068 in the last 24 hours, and its all-time high is significantly higher.
Market Sentiment and Catalysts: Neiro is a meme coin inspired by the real-life dog, the sister of Kabosu (the original Doge). Recent news indicates that Neiro has acquired the exclusive intellectual property rights from Atsuko Sato, Kabosu's owner, positioning it as a "legitimate heir and spiritual successor to Dogecoin." This IP acquisition is a significant development, potentially increasing its legitimacy and opening doors for new initiatives, including a licensed NFT collection. This news, along with its listing on major exchanges like Binance, is likely a key driver of the recent bullish sentiment. The community's motto "Doing Only Good Everyday" (DOGE) and philanthropic initiatives also contribute to its appeal.