@First Neiro on Ethereum The overall trend for 🚨NEIRO/USDT🚨 is still "bearish", but the price is showing early signs of stabilizing. The RSI and Stochastic indicators suggest that the market may be approaching a point of exhaustion, and a possible recovery could be imminent. However, confirmation of a trend reversal is necessary, as the MACD and Parabolic SAR still point to continued bearishness.
There have been unconfirmed rumors circulating in the cryptocurrency space that Elon Musk might be planning to invest in #NEIRO . With his previous history of making waves in the market with his involvement in cryptocurrencies like Dogecoin and Bitcoin, market analysts suggest that Musk could see the potential in the #meme coin aspect of NEIRO. If this speculation proves true, the price of NEIRO could experience a massive surge, driven by Musk's influence and market speculation.While this is purely a rumor at this stage, traders and investors are already keeping a close eye on #NEIRO , anticipating a potential move by Musk that could send the coin skyrocketing.
While short-term signs indicate a potential recovery, the overall trend has been bearish, but oversold indicators in the mid- and long-term charts suggest that a reversal or price stabilization may be approaching.