NEXO NEXO
Current Price
$0.9046 +0.64%
$0.0153 Daily Range (1.69%)
$0.8956$0.9108
$9.72M Daily Volume
125 BTC
Vol/MktCap: 1.07%
Market Performance
0.03% Relative BTC Volume
The total volume of NEXO is $9.72M over the past 24 hours, compared to $29.50B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9066 -0.23%
13 SMA $0.9063 -0.19%
21 SMA $0.9052 -0.07%
55 SMA $0.9040 +0.06%
144 SMA $0.9020 +0.28%
Price Performance
-0.01% 1 Hour Change
$0.9046 from $0.9047
-2.13% 7 Day Change
-$0.0193 from $0.9239
+1.29% 14 Day Change
$0.0117 from $0.8929
-0.58% 30 Day Change
-$0.0053 from $0.9098
All Time High
May 12, 2021
$4.07 -77.75%
-$3.16 vs. now
24H Change
6.05M USD +0.67%
78 BTC
Volume and Supply
Total Supply: 1.00B NEXO 
1.00B NEXO Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
49.95 x BTC Supply50:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
10.76M NEXO
traded over past 24 hours
1.08% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
NEXO AI Market Analysis
NEXO is currently priced at $0.908068, exhibiting a slight 24-hour change of 0.76605%. The daily trading range has been relatively narrow, with a high of $0.910839 and a low of $0.895564, indicating low volatility in the short term.
The trading volume stands at approximately 11,051,199, translating to a volume-to-market cap ratio of 1.22%. The moving averages are showing a bullish short-term trend, with the 8 SMA at $0.9066 and the 13 SMA at $0.9052, both reflecting positive percentage changes.
Short-term momentum indicators are showing mixed signals, as the 1-hour RSI is at 56, suggesting a neutral to slightly bullish sentiment. However, the 7-day RSI is at 51, indicating a lack of significant momentum over the past week, compounded by a 7-day price drop of approximately 2.08%.
In terms of longer-term price behavior, NEXO has experienced a 14-day price increase of 1.39%, while the 30-day trend shows a slight decline of 0.69%. This mixed performance suggests that while there has been some recovery in the past two weeks, the overall trend remains uncertain.
With the all-time high of $4.07 reached in May 2021, NEXO still has significant room for growth but is currently trading at a substantial discount from that peak. This presents a potential opportunity for long-term investors if the fundamentals of the project remain strong.
Given the current technical indicators and the relatively stable price action, the recommendation is to Hold. The short-term bullish signals from moving averages are countered by the mixed momentum indicators, suggesting that a wait-and-see approach may be prudent until clearer directional signals emerge.
The trading volume stands at approximately 11,051,199, translating to a volume-to-market cap ratio of 1.22%. The moving averages are showing a bullish short-term trend, with the 8 SMA at $0.9066 and the 13 SMA at $0.9052, both reflecting positive percentage changes.
Short-term momentum indicators are showing mixed signals, as the 1-hour RSI is at 56, suggesting a neutral to slightly bullish sentiment. However, the 7-day RSI is at 51, indicating a lack of significant momentum over the past week, compounded by a 7-day price drop of approximately 2.08%.
In terms of longer-term price behavior, NEXO has experienced a 14-day price increase of 1.39%, while the 30-day trend shows a slight decline of 0.69%. This mixed performance suggests that while there has been some recovery in the past two weeks, the overall trend remains uncertain.
With the all-time high of $4.07 reached in May 2021, NEXO still has significant room for growth but is currently trading at a substantial discount from that peak. This presents a potential opportunity for long-term investors if the fundamentals of the project remain strong.
Given the current technical indicators and the relatively stable price action, the recommendation is to Hold. The short-term bullish signals from moving averages are countered by the mixed momentum indicators, suggesting that a wait-and-see approach may be prudent until clearer directional signals emerge.
Updated 189 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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