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Neiro on Ethereum (NEIRO) price action revealed a notable buying trend, even after NEIRO achieved a new all-time high.
The uptrend as predicted earlier by iCryptoAI on X, resulted in a modest 140% increase in NEIRO‘s price, reflecting strong market confidence and investor interest.
Notably, the most recent substantial purchases by ‘Smart Money’ investors was buying at NEIRO’s new ATH, indicating ongoing acquisition despite the recent price surge.
Particularly, wallet 0x8b13 added 58.44 million NEIRO at an average price of $0.0023, increasing its holdings to 421.26 million NEIRO.
Additionally, in the last 24 hours, another investor entered the NEIRO market for the first time, purchasing 406.92 thousand NEIRO for around $1.24 million.
These strategic purchases by influential investors suggest potential for further price increases, underpinned by sustained interest and bullish sentiment within the NEIRO market.
NEIRO’s bullish outlook
NEIRO price action looked to be probably the most bullish memecoin on Ethereum with a bullish trend. NEIRO’s price action went through the Ichimoku Cloud, indicating a robust buying phase.
NEIRO recently ascended to new all-time highs, a signal of significant investor confidence and market momentum.
The price broke above both the cloud and the Volume Weighted Average Price (VWAP), highlighted sustained investor interest and a likely continuation of the upward trend.
Smart money continued to invest in NEIRO even as it reached new peaks, suggesting a belief in its further potential growth.
The persistent buying at high levels reflected a strong conviction that NEIRO could still offer substantial returns.
The presence of smart money could serve as a catalyst for more gains, possibly positioning NEIRO as one of the most bullish memecoins within the Ethereum network.
NEIRO’s strong performance and continued smart money inflow, make it well-poised for further advances.
If the trend holds, NEIRO could see even higher valuations, attracting more interest from both retail and institutions looking for high-growth opportunities in the crypto space.
Neiro on Ethereum Setting Example for ACT Ahead of Meme Season
Again, Neiro on Ethereum leading, ACT, showcased price movements, which were highly correlated as both exhibited similar patterns.
Each of the two memecoins, has been on a trajectory marked by new highs followed by corrections, only to achieve another set of new all-time highs.
The pattern indicated bullish sentiment within the market, particularly for NEIRO, as smart money continues to invest heavily even at peak prices.
NEIRO, in particular, stood out as it consistently attracts smart money
investments, reinforcing its position as a leading bullish memecoin on the Ethereum network.
The ongoing accumulation by major investors at high price levels adds confidence in NEIRO’s future performance, especially with meme season anticipated to boost interest in such tokens.
As NEIRO and ACT continue to mirror each other’s movements, the trend suggested that NEIRO could potentially lead the way for ACT, setting an example of growth and resilience.
NEIRO’s strong fundamentals means it’s poised to be a front-runner in the upcoming meme coin season, possibly driving its price to new unprecedented levels.