NEXO NEXO
Current Price
$0.9458 -0.30%
$0.0460 Daily Range (4.87%)
$0.9121$0.9581
$10.71M Daily Volume
121 BTC
Vol/MktCap: 1.13%
Market Performance
0.01% Relative BTC Volume
The total volume of NEXO is $10.71M over the past 24 hours, compared to $77.44B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9312 +1.57%
13 SMA $0.9294 +1.77%
21 SMA $0.9329 +1.39%
55 SMA $0.9298 +1.72%
144 SMA $0.9320 +1.49%
Price Performance
-0.18% 1 Hour Change
$0.9458 from $0.9475
-3.99% 7 Day Change
-$0.0377 from $0.9835
-15.02% 14 Day Change
-$0.1421 from $1.09
-16.53% 30 Day Change
-$0.1564 from $1.10
All Time High
May 12, 2021
$4.07 -76.75%
-$3.12 vs. now
24H Change
-2.85M USD -0.30%
-32 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
50.12 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
11.45M NEXO
traded over past 24 hours
1.15% 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 trading at $0.934775, reflecting a slight increase of 1.65% over the past 24 hours. The daily trading range has been between $0.912076 and $0.958122, indicating a relatively stable price movement within this period.
Volume has reached 10,709,728, which translates to a volume-to-market cap ratio of 1.15%, suggesting moderate interest but not overwhelming trading activity. The hourly moving averages reveal a mixed trend, with the 8 SMA at $0.9281 showing a gain of 0.72%, while the longer-term 144 SMA is at $0.9338, only marginally higher at 0.10%.
The RSI indicators indicate a bearish sentiment, with the 1-hour RSI at 41 and the 7-day RSI at 48, suggesting that NEXO is approaching oversold territory. Additionally, the price has shown a negative trend over the past week, with a decrease of nearly 5%, and more pronounced drops of over 17% in both the 14-day and 30-day time frames.
Fundamentally, NEXO remains far from its all-time high of $4.07, reached in May 2021, indicating significant room for recovery if bullish momentum returns. Market conditions and technical indicators suggest a lack of strong upward pressure, as evidenced by the muted response in both the short and medium term.
Given the current price action, overall market sentiment, and technical indicators, a cautious approach is warranted. The recommendation is to Hold NEXO at this time, as the potential for a short-term rebound exists, but the prevailing downward trends and bearish signals indicate that a clear buying opportunity has not yet materialized.
Volume has reached 10,709,728, which translates to a volume-to-market cap ratio of 1.15%, suggesting moderate interest but not overwhelming trading activity. The hourly moving averages reveal a mixed trend, with the 8 SMA at $0.9281 showing a gain of 0.72%, while the longer-term 144 SMA is at $0.9338, only marginally higher at 0.10%.
The RSI indicators indicate a bearish sentiment, with the 1-hour RSI at 41 and the 7-day RSI at 48, suggesting that NEXO is approaching oversold territory. Additionally, the price has shown a negative trend over the past week, with a decrease of nearly 5%, and more pronounced drops of over 17% in both the 14-day and 30-day time frames.
Fundamentally, NEXO remains far from its all-time high of $4.07, reached in May 2021, indicating significant room for recovery if bullish momentum returns. Market conditions and technical indicators suggest a lack of strong upward pressure, as evidenced by the muted response in both the short and medium term.
Given the current price action, overall market sentiment, and technical indicators, a cautious approach is warranted. The recommendation is to Hold NEXO at this time, as the potential for a short-term rebound exists, but the prevailing downward trends and bearish signals indicate that a clear buying opportunity has not yet materialized.
Updated 215 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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