NEXO NEXO
Current Price
$0.9026 +0.32%
$0.0142 Daily Range (1.58%)
$0.8987$0.9129
$8.60M Daily Volume
105 BTC
Vol/MktCap: 0.95%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $8.60M over the past 24 hours, compared to $45.67B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9044 -0.20%
13 SMA $0.9052 -0.29%
21 SMA $0.9058 -0.35%
55 SMA $0.9045 -0.21%
144 SMA $0.9028 -0.02%
Price Performance
-0.25% 1 Hour Change
$0.9026 from $0.9049
+0.84% 7 Day Change
$0.0076 from $0.8950
-1.69% 14 Day Change
-$0.0152 from $0.9178
+4.13% 30 Day Change
$0.0373 from $0.8653
All Time High
May 12, 2021
$4.07 -77.86%
-$3.17 vs. now
24H Change
-648.03K USD -0.07%
-8 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
49.94 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
9.50M NEXO
traded over past 24 hours
0.95% 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 $0.907, reflecting a minor increase of 0.04829% over the last 24 hours. The daily trading range has been relatively narrow, fluctuating between $0.895476 and $0.91287, indicating low volatility in the short term.
The trading volume stands at 4,836,852, contributing to a market cap volume ratio of 0.53%. This suggests that the market is experiencing moderate interest, as higher volume can indicate stronger price movements, but current levels reflect a cautious trading environment.
Technical indicators show a positive trend in moving averages, with the 8 SMA at $0.9050 showing a 0.23% increase, while longer-term averages such as the 144 SMA at $0.8999 demonstrate a 0.78% rise. Additionally, the RSI values indicate a neutral momentum, with the 1 Hour RSI at 52 and the 7 Day RSI at 53, suggesting that NEXO is neither overbought nor oversold.
In terms of price performance, NEXO has demonstrated a 7-day price change of approximately 1.85% and a 30-day change of about 7.87%, indicating a potential upward trend over the longer term. However, it is important to note that the price remains significantly below its all-time high of $4.07, which could imply room for recovery if market conditions improve.
Given the current price action, volume metrics, and technical indicators, the outlook for NEXO appears cautiously optimistic. However, the narrow trading range and modest volume suggest a lack of strong bullish momentum at this time.
**Rating: Hold** - The current market conditions indicate stability but lack the momentum needed for a strong bullish stance, making it prudent to hold positions until clearer signals of upward movement emerge.
The trading volume stands at 4,836,852, contributing to a market cap volume ratio of 0.53%. This suggests that the market is experiencing moderate interest, as higher volume can indicate stronger price movements, but current levels reflect a cautious trading environment.
Technical indicators show a positive trend in moving averages, with the 8 SMA at $0.9050 showing a 0.23% increase, while longer-term averages such as the 144 SMA at $0.8999 demonstrate a 0.78% rise. Additionally, the RSI values indicate a neutral momentum, with the 1 Hour RSI at 52 and the 7 Day RSI at 53, suggesting that NEXO is neither overbought nor oversold.
In terms of price performance, NEXO has demonstrated a 7-day price change of approximately 1.85% and a 30-day change of about 7.87%, indicating a potential upward trend over the longer term. However, it is important to note that the price remains significantly below its all-time high of $4.07, which could imply room for recovery if market conditions improve.
Given the current price action, volume metrics, and technical indicators, the outlook for NEXO appears cautiously optimistic. However, the narrow trading range and modest volume suggest a lack of strong bullish momentum at this time.
**Rating: Hold** - The current market conditions indicate stability but lack the momentum needed for a strong bullish stance, making it prudent to hold positions until clearer signals of upward movement emerge.
Updated 1116 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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