Today, Neiro (NEIRO) is trading at $0.09679, marking a 1.5% decrease over the past 24 hours. Here is a breakdown of NEIRO's current performance, market details, and technical outlook.

 

Neiro (NEIRO) Daily News - October 31, 2024

Today, Neiro (NEIRO) is trading at $0.09679, marking a 1.5% decrease over the past 24 hours. Here is a breakdown of NEIRO's current performance, market details, and technical outlook.

1. Recent Price Movements

• Price Range (24h): $0.09005 - $0.1015
• Current Price: $0.09679
• Change (24h): -1.5%

Over the past 24 hours, NEIRO has shown volatility, with its price moving between $0.09005 and $0.1015. The chart indicates fluctuations with peaks and troughs, showing intermittent recoveries after each decline.

2. Market Cap and Supply

• Market Cap: $96,780,761
• Total Supply: 1,000,000,000 NEIRO
• Circulating Supply: 1,000,000,000 NEIRO

NEIRO's market cap sits at approximately $96.78 million, and its circulating supply is capped at 1 billion tokens, which is also the maximum supply. With no additional tokens available for release, the price may react more significantly to market demand.

3. Trading Volume and Activity

• 24-hour Trading Volume: $33,907,544

The substantial trading volume suggests active interest from traders, though the recent price decline may indicate selling pressure or profit-taking.

4. Performance Comparisons

• 1 Hour: +0.3%
• 7 Hours: +31.1%
• 14 Hours: +2.6%
• 30 Hours: +34.0%

Despite the daily drop, NEIRO has shown impressive gains over the past 7 and 30 hours, with increases of 31.1% and 34.0%, respectively. This could point to a positive trend in the medium term, possibly driven by recent events or announcements in the NEIRO ecosystem.

5. Technical Analysis

The live chart shows NEIRO’s oscillating price movement with both upward and downward swings. The 24-hour trend reveals high volatility, suggesting traders should watch for potential support around $0.09005 and resistance near $0.1015.

6. Conclusion

NEIRO’s recent performance demonstrates volatility, which could present opportunities for both short-term traders and long-term holders. Monitoring key levels of support and resistance can help anticipate potential reversals or breakouts. As NEIRO continues to move within its daily range, traders are advised to use caution given the market's fluctuating sentiment.

Stay updated for more information on Neiro's market activity!