“First Neiro on Ethereum,” an Ethereum-based meme coin, is looking to sustain the bullish momentum it recorded following the Binance listing announcement. 

On Sept. 16, Binance announced that it would list Neiro (NEIRO) alongside two other assets in its spot trading platform. The listing sent the meme coin’s price surging, culminating in a massive 856% intraday gain yesterday.

Notably, the crypto asset touched an all-time high of $0.00044012 on Sept. 16 before facing a roadblock in its uptrend. Despite this slight resistance which pared some gains, it managed to stay in positive territory. 

NEIRO is now up 22.69% over the past 24 hours and is trading at $0.00040359 at the reporting time. The meme coin’s market cap has skyrocketed 748% in the last seven days alongside its price, currently at $166.76 million, with a 24-hour volume of $424.8 million.

Neiro is currently sitting above its upper Bollinger Band at $0.00028659. This position suggests a strong upward momentum but also indicates that the asset is in an overbought territory, which can signal a potential pullback or price correction.

However, market enthusiasm can sometimes sustain an overbought condition for longer periods. The current major resistance is now hovering at $0.0004401. If the meme coin maintains its momentum, further upward movement to these levels could be possible.

The Relative Strength Index at 84.63 is well above the overbought threshold of 70. Typically, such a high RSI value could indicate that the asset might soon face downward pressure as traders might start taking profits.

On the downside, the critical pivot point is at $0.00015806, which would act as immediate support in case of any price drops. A break below this level could lead to a test of the far lower support at $0.00001442.

Multi-chain meme coin Baby Doge Coin records a sharp increase in its price following a listing announcement from Binance. 

Binance, the world’s largest cryptocurrency exchange by trading volume, revealed today that it would list Baby Doge Coin (BabyDoge) alongside Neiro (NEIRO) and Turbo (TURBO) for spot trading. The disclosure generated renewed interest among traders, leading to a rapid price rally for BabyDoge.

According to Binance, trading for the 1MBABYDOGE/USDT pair would start at 10:00 UTC today. The exchange also opened deposits for the listed coins one hour prior to the start of trading, allowing users to prepare for the market launch. 

Per the announcement, withdrawals will be available starting tomorrow, Sept. 17, as scheduled. The platform noted that no listing fees were charged for the assets.

Following the announcement, BabyDoge saw a dramatic price rise, spiking by more than 86% this morning to reach the $0.000000002 psychological level for the first time in more than three months. 

This represents a substantial recovery after the token had been under pressure since mid-June, along with much of the broader cryptocurrency market. Despite facing resistance at the $0.000000002 level, the coin has managed to maintain a 57% gain over the past 24 hours.

Notably, BabyDoge currently trades at $0.0000000017060, up 59% this morning, with its price breaking through the upper Bollinger Band at $0.0000000013246. 

This current position suggests that BabyDoge’s price has significantly deviated from its typical range, showing high volatility in response to the Binance listing announcement. However, this also suggests that the token is currently overbought, and a retracement could be on the horizon.

Further, The Commodity Channel Index for BabyDoge has also surged to 549, confirming the strong upward momentum. Such a high CCI reading suggests that BabyDoge is experiencing heightened buying pressure, with volumes spiking to levels last seen in late August.