The post DOGS Price Heading into the Buying Area While Traders Need to Wait to Enter a NEIRO Trade; Here’s What’s Next! appeared first on Coinpedia Fintech News
DOGS token has been trending for the past few days while the price has remained within a consolidated range. Besides, the NEIRO price has triggered a fine rise, due to which the levels may remain consolidated for some time. As the crypto markets are stepping into the second half of the bearish September, here is what to expect from these tokens by the end of the month.
DOGS (DOGS) Price Analysis
After the pullback soon after the launch, the DOGS price began to closely consolidate within a range, indicating less interference of both bulls and bears. However, the token has held the local support at $0.001 tightly, which has kept the bullish hopes alive. Therefore, the DOGS price is believed to maintain a horizontal consolidation for a while and initiate a fresh rise beyond $0.00117 in the next few hours.
The DOGS price remains consolidated above the crucial support zone between $0.00098 and $0.000998, as the bulls have held above $0.001 at the moment. Meanwhile, the MACD suggests an equal participation of bulls and bears as the RSI remains elevated. Once either of the bulls or bears faces exhaustion, the rally is expected to demonstrate a relevant move. Hence, the DOGS price may hit the local support, attracting decent buying volume, which may further trigger a rise to the local high at $0.0011. Once bulls hold these levels, then a rally to previous highs beyond $0.014 initially and later at $0.16 could be imminent.
Neiro Ethereum (NEIRO) Price Analysis
Ever since its launch, the price has been pretty volatile and trading within a predetermined range. While the volume has spiked in the past few days, no major change is seen within the NEIRO price rally. The token lost a crucial local top around $0.28 during the first fortnight of August, which dragged the levels close to $0.025. While the bulls are trying hard to set up a strong recovery, the bears appear to remain stationed below the range, preventing the rally from surpassing these levels.
In the short term, the NEIRO price has been trading within a rising parallel channel and is attempting to rise from local support. The stochRSI has rebounded from the lower threshold while the price has not made any impressive rise. Therefore, the price may witness a rejection after reaching the resistance as the volume remains low. Hence, it may not be the right time to enter until the price breaks the channel upright and reaches beyond $0.25.
