NEXO NEXO
Current Price
$0.9247 +1.88%
$0.0177 Daily Range (1.92%)
$0.9076$0.9253
$8.93M Daily Volume
110 BTC
Vol/MktCap: 0.97%
Market Performance
0.05% Relative BTC Volume
The total volume of NEXO is $8.93M over the past 24 hours, compared to $19.50B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9148 +1.07%
13 SMA $0.9148 +1.08%
21 SMA $0.9133 +1.25%
55 SMA $0.9060 +2.06%
144 SMA $0.9031 +2.39%
Price Performance
+1.00% 1 Hour Change
$0.9247 from $0.9155
+2.54% 7 Day Change
$0.0235 from $0.9012
+2.18% 14 Day Change
$0.0201 from $0.9046
+4.51% 30 Day Change
$0.0417 from $0.8830
All Time High
May 12, 2021
$4.07 -77.27%
-$3.14 vs. now
24H Change
16.68M USD +1.84%
205 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
49.93 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
9.75M NEXO
traded over past 24 hours
0.97% 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 $0.920257, reflecting a 24-hour change of 1.82%. The daily range indicates healthy volatility with a high of $0.925305 and a low of $0.902815, suggesting a consolidation phase within a narrow band.
Volume stands at 8,290,145, which corresponds to a volume/market cap ratio of 0.90%. This indicates moderate liquidity, yet the relatively low trading volume compared to market cap suggests that significant price movements may require more substantial buy/sell interest.
Analyzing the hourly moving averages, the 8 SMA and 13 SMA are both above the current price, suggesting a potential resistance zone near $0.9148. However, the 21 SMA and 55 SMA are rising, with the latter showing a stronger upward momentum at +1.57%, indicating a possible bullish trend if these averages can hold support.
The 1-hour RSI is at 62, indicating near-term bullish momentum, while the 7-day RSI at 52 reflects a neutral trend. The price changes over 7, 14, and 30 days are positive, suggesting overall upward movement, with the 30-day change at 3.88% reinforcing a longer-term bullish outlook.
Despite the current price being significantly below its all-time high of $4.07, NEXO has shown resilience with consistent upward movement in recent weeks. This suggests that if market sentiment remains positive and trading volumes increase, there could be potential for further price appreciation.
Given the current technical indicators, positive price momentum over various timeframes, and the support from moving averages, a Buy rating is warranted. Investors should monitor volume trends closely, as a breakout above $0.925 could signal stronger upward momentum.
Volume stands at 8,290,145, which corresponds to a volume/market cap ratio of 0.90%. This indicates moderate liquidity, yet the relatively low trading volume compared to market cap suggests that significant price movements may require more substantial buy/sell interest.
Analyzing the hourly moving averages, the 8 SMA and 13 SMA are both above the current price, suggesting a potential resistance zone near $0.9148. However, the 21 SMA and 55 SMA are rising, with the latter showing a stronger upward momentum at +1.57%, indicating a possible bullish trend if these averages can hold support.
The 1-hour RSI is at 62, indicating near-term bullish momentum, while the 7-day RSI at 52 reflects a neutral trend. The price changes over 7, 14, and 30 days are positive, suggesting overall upward movement, with the 30-day change at 3.88% reinforcing a longer-term bullish outlook.
Despite the current price being significantly below its all-time high of $4.07, NEXO has shown resilience with consistent upward movement in recent weeks. This suggests that if market sentiment remains positive and trading volumes increase, there could be potential for further price appreciation.
Given the current technical indicators, positive price momentum over various timeframes, and the support from moving averages, a Buy rating is warranted. Investors should monitor volume trends closely, as a breakout above $0.925 could signal stronger upward momentum.
Updated 148 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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