Neiro Ethereum Price Falls 40% in a Week as Investors Switch to Base Meme Coin with 807% APY

The Neiro Ethereum Price: Attempting to Break Free from a Bearish Channel

Currently, the Neiro Ethereum price is working to escape a medium-term bearish channel and has entered a consolidation phase between $0.1172 and $0.1752. If the meme coin continues to trade within this range for the next 24 hours, it may break free from the descending channel, potentially leading to a significant move for NEIRO.

If traders view the current level as a buying opportunity, the Neiro Ethereum price might flip the resistance level at $0.1752 into support. This could provide the technical foundation for NEIRO to rise to as high as $0.2460 in the short term.

Conversely, if bearish momentum takes control, the Neiro Ethereum price could fall below the immediate support level at $0.1172, risking a drop to as low as $0.0657 in the coming days.

Technical Indicators: Mixed Signals for Neiro Ethereum Price

Technical indicators on NEIRO’s 4-hour chart are currently sending mixed signals:

• The Relative Strength Index (RSI) shows that bears have the upper hand, with RSI readings falling from 51 to the low 40s. The RSI remains below the 50 benchmark, indicating stronger selling pressure.
• The Moving Average Convergence Divergence (MACD) suggests a bullish trend as the MACD line remains above the MACD Signal line, despite recent drops.

With these mixed signals, traders are awaiting a clear indication of the next price movement. A decisive move could occur within the next 12 hours as the Neiro Ethereum price approaches the upper boundary of the bearish channel.

Base Meme Coin Base Dawgz (DAWGZ): A New Contender in Web3

As traders monitor Neiro Ethereum, investors are turning their attention to the Base meme coin, Base Dawgz (DAWGZ). Crypto YouTuber ClayBro, with 130,000 subscribers, has touted it as a potential “millionaire maker.”

A Base Meme Coin with Cross-Chain Capabilities

Base Dawgz (DAWGZ) is a new meme coin in the Base ecosystem that aims to replicate the success of its predecessor Brett. Unlike many meme coins, Base Dawgz offers high utility with its cross-chain capabilities powered by Wormhole and Portal Bridge. It supports several major networks, including:

• Avalanche
• Ethereum
• Solana
• Binance Smart Chain
• Base Layer-2 Network

This multi-chain presence allows investors to participate in DeFi yield-generating opportunities across these networks as they emerge.

Attractive Staking Rewards for Early Investors

Early investors in DAWGZ can access an impressive 807% APY during its ongoing presale phase. Over $2.9 million has already been raised in the ICO, with 37% of the token’s supply staked.

DAWGZ is currently priced at $0.008173 and can be purchased using BASE, ETH, BNB, AVAX, or SOL. A price increase is anticipated in about 5 days, so interested investors should act quickly.