#Nairo coin

Over the last week, the crypto market, especially memecoins, experienced a bloodbath.

However, Neiro [NEIRO] was spared from this downward and made a strong upswing. As such, over the past month, the memecoin has been consolidating.

This period saw a bullish wedge pattern form. Also, the memecoin experienced a strong upswing on its price charts.

At the time of writing, Neiro was trading at $0.0004269. This marked a 15.95% increase in 24 hours. Equally, the memecoin has gained on weekly charts, hiking by 27.4%.

Before these gains, Neiro had been on a downward trajectory, dropping by 12.83% over the past month.

With the recent price pump and breakout, the question is whether Neiro can maintain the uptrend and make more gains.