NEIRO Price Forecast: SHIB Rival Rockets to Top 100 After Hitting New All-Time High

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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

NEIRO, a rising meme coin competitor to SHIB, has recently reached a new all-time high, catapulting it into the top 100 cryptocurrencies by market cap.

Currently trading at $0.00200118, NEIRO has displayed bullish momentum as whale activity drives its price higher.

Over the last three days, whale investors have accumulated more than 29.1 million NEIRO tokens, signalling strong institutional interest.

This accumulation has contributed to the coin’s significant upward price movement, positioning it for further gains if key resistance levels are broken.

NEIRO is forming a rising wedge pattern, suggesting that while the bullish trend remains intact, there may be consolidation or a pullback in the short term. Immediate resistance is seen at $0.00220188, where the price recently hit a peak before slightly retracing.

If the price breaks above this level, the next resistance points are $0.00240693 and $0.00266475, offering potential targets for a continued rally.

However, failure to maintain momentum at current levels may lead to a retracement. There is immediate support at $0.00172226, followed by $0.00166388 and $0.00154557.

Whale activity has been a driving force behind NEIRO’s recent price surge. Prominent holders like GSRMarkets have accumulated a significant amount of NEIRO, with GSRMarkets alone accumulating 15 million NEIRO tokens, raising their holdings from $939,000 to $1.17 million.

The price of $NEIRO (@NeiroOnEthereum) soared over 38% today!