Market Overview: Neiro Ethereum/Yen (NEIROJPY) on 2025-12-23

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Dec 23, 2025 10:37 am ET1min read
ETH
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Aime RobotAime Summary

- NEIROJPY formed a bearish breakdown pattern from 0.01685 to 0.01587, confirming weak bullish momentum.

- Surging volume at 0.01628/0.01612 levels validates key support zones amid strong selling pressure.

- RSI oversold conditions and bearish MACD divergence suggest potential short-term pauses but ongoing downward bias.

- Expanding volatility near 0.01628-0.01652 range indicates increased bearish conviction, with 0.01587 as next critical support.

Summary
• NEIROJPY formed a bearish breakdown pattern from 0.01685 to 0.01587, confirming weak bullish momentum.
• Volume surged near key lows (0.01628, 0.01612), suggesting possible short-term support.
• RSI and MACD show bearish divergence, hinting at ongoing downward pressure.
• Volatility expanded near 0.01628–0.01652 range, reflecting increased selling.

Market Overview

Neiro Ethereum/Yen (NEIROJPY) opened at 0.01685 on 2025-12-22 at 12:00 ET, reaching a high of 0.01685 and a low of 0.01587 before closing at 0.01637 on 2025-12-23 at 12:00 ET. Total volume for the 24-hour window was 19,545,341.0, with a notional turnover of approximately 0.318 (amount × price).

Structure & Formations

Price broke below the key level of 0.01652 to form a bearish breakdown pattern, reaching 0.01628 before a brief rebound. A deep bearish candle at 0.01612 showed strong selling pressure. The 0.01628 level appears to be a key psychological and Fibonacci retracement support.

Moving Averages

On the 5-minute chart, the 20 and 50-period SMAs have been trending downward, confirming bearish momentum. The daily 50, 100, and 200 SMAs would suggest a prolonged bearish trend, though short-term oscillations may occur around key levels.

Momentum Indicators

RSI has fallen below 30 for the first time in the session, signaling oversold conditions. However, MACD remains bearish, with both lines trending downward and the histogram shrinking, suggesting momentum has not yet bottomed. A divergence between RSI and price suggests a potential pause or test of support.

Volatility and Bollinger Bands

Volatility expanded between 0.01652 and 0.01628, with price staying near the lower band of the Bollinger Band for most of the session. A contraction in volatility occurred ahead of the sharp drop to 0.01612, suggesting a potential short-term reversal.

Volume and Turnover

Volume surged near key price levels at 0.01628 and 0.01612, confirming the bearish breakouts. Turnover remained in line with the drop in price, showing no divergence. The large volume at 0.01612 indicates strong conviction from sellers.

Looking ahead, NEIROJPY may test the next key support at 0.01587–0.01612, with a possible bounce if buyers step in. However, the bearish momentum and Fibonacci levels suggest further downside could emerge in the next 24 hours. Investors should remain cautious and watch for a potential break below 0.01612.