NEXO NEXO
Current Price
$0.8952 -0.96%
$0.0140 Daily Range (1.57%)
$0.8956$0.9096
$10.95M Daily Volume
135 BTC
Vol/MktCap: 1.22%
Market Performance
0.03% Relative BTC Volume
The total volume of NEXO is $10.95M over the past 24 hours, compared to $41.05B total Bitcoin volume.
Hourly Moving Average
Price Performance
-0.54% 1 Hour Change
$0.8952 from $0.9001
+1.54% 7 Day Change
$0.0138 from $0.8815
-0.34% 14 Day Change
-$0.0031 from $0.8983
+6.04% 30 Day Change
$0.0541 from $0.8412
All Time High
May 12, 2021
$4.07 -77.98%
-$3.17 vs. now
24H Change
-8.48M USD -0.94%
-104 BTC
Volume and Supply
Total Supply: 1.00B NEXO 
1.00B NEXO AvailableRelative Supply Ratio
49.94 x BTC SupplyRelative Trade Volume
12.13M NEXO
traded over past 24 hours
Conversion Tool
NEXO AI Market Analysis
The trading volume stands at 8,469,374, contributing to a volume-to-market cap ratio of 0.94%. This suggests a relatively stable interest level among traders, but the low volatility may deter aggressive trading strategies.
Short-term moving averages indicate a bearish trend, with the 8 SMA at $0.9033 and the 13 SMA at $0.9030, both showing declines. The RSI values present a mixed picture: the 1-hour RSI at 38 indicates potential oversold conditions, while the 7-day RSI at 50 suggests neutral momentum.
Fundamentally, NEXO's price performance over the past 30 days shows a gain of 6.08%, which is promising compared to the recent 14-day loss of 1.38%. The overall market sentiment appears cautious, especially given the substantial distance to the all-time high of $4.07, reached in May 2021.
Considering the technical indicators and current market conditions, NEXO presents a mixed outlook. The bearish short-term moving averages and low RSI suggest potential further downside risk, while the recent positive 30-day change hints at longer-term bullish sentiment.
In summary, given the current price action, technical indicators, and market sentiment, I rate NEXO as a Hold. It may be wise to await a clearer bullish signal or a break above the $0.9030 resistance level before considering a buy position.
Updated 450 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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