Neurashi (NEIUSD) Price Forecast: March 12
The Neurashi pair paints a different picture today than yesterday. The coin price is gaining momentum and remains strengthened above the supply trend levels, showing positive signs above the $0.0078 supply value. If coin holders turn out to be more resilient and the price remains stable above the previous high of $0.0164, its upward movements may continue to reach the upper resistance level of $0.0170 and beyond, resulting in a possible buy signal and an intraday gain for coin holders.
Key Levels:
Resistance Levels: $0.0115, $0.0116, $0.0117
Support Levels: $0.0040, $0.0039, $0.0038
NEI (USD) Long-term Trend: Bullish (Daily Chart)
NEIUSD pair turns positive again. The coin is gaining momentum and remains stable above the supply trend level, confirming a bullish race due to the high impact of the buy investors.
Today, the Neurashi market is gaining momentum as the long traders swept the bearish momentum under the rug by pushing the crypto price to an intra-day high of $0.0105 above the supply levels as the daily chart opens, indicating that buyers are dominant and are having the market price at their disposal at the moment.
An additional increase in buying pressure might potentially cause the coin price to retest the previous high of $0.0164, obtaining a higher footing to rise higher.
Furthermore, while the price of NEIUSD is rising according to the daily signal, buyers may target the psychological resistance level of $0.0170 in the coming days, as the crypto remains firm above the supply trend levels in its long-term perspective.
NEI (USD) Medium-term Trend: Bullish (4H Chart)
The Neurashi price still trades in a bullish market in its medium-term perspective. The coin prices are gaining momentum above the resistance level, suggesting that the bulls are leading.
Buyers initiate an aggressive move to a $0.0088 resistance value above the moving averages as the 4-hourly chart resumes today with an intraday gain.
With sustained buying, the NEIUSD price may challenge the $0.0105 supply strength and set the potential for further growth.
Additionally, the Neurashi is gaining momentum above the supply trend levels, and this may continue as the daily stochastic remains in an upward direction, implying that the bullish recovery pattern might continue.
In light of this, the coin price could reach the $0.0170 upper resistance level soon in its medium-term outlook.
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