NEXO NEXO
Current Price
$0.9049 +0.44%
$0.0125 Daily Range (1.39%)
$0.8951$0.9076
$4.39M Daily Volume
61 BTC
Vol/MktCap: 0.48%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $4.39M over the past 24 hours, compared to $22.84B total Bitcoin volume.
Hourly Moving Average
Price Performance
+0.02% 1 Hour Change
$0.9049 from $0.9048
+3.53% 7 Day Change
$0.0319 from $0.8730
+4.48% 14 Day Change
$0.0405 from $0.8644
+11.89% 30 Day Change
$0.1076 from $0.7973
All Time High
May 12, 2021
$4.07 -77.75%
-$3.16 vs. now
24H Change
3.15M USD +0.35%
44 BTC
Volume and Supply
Total Supply: 1.00B NEXO 
1.00B NEXO AvailableRelative Supply Ratio
49.99 x BTC SupplyRelative Trade Volume
4.87M NEXO
traded over past 24 hours
Conversion Tool
NEXO AI Market Analysis
Trading volume stands at approximately 4.6 million, with a volume-to-market cap ratio of 0.51%, suggesting relatively low trading activity compared to its market capitalization. The hourly moving averages show a consistent downward trend across various periods, with the 8 SMA at $0.8981 and the 55 SMA at $0.9048, indicating short-term bearish sentiment.
The 1-hour RSI at 40 suggests that NEXO is nearing oversold conditions, while the 7-day RSI at 52 indicates neutral momentum in the medium term. Over the past week, NEXO has experienced a price increase of 1.91%, but this is relatively modest compared to a 14-day gain of 7.22% and a 30-day increase of 13.73%, suggesting some positive momentum in the longer term.
Despite the recent price decline, NEXO remains significantly below its all-time high of $4.07 reached in May 2021. This considerable gap indicates potential for recovery, but current market conditions and moving averages suggest caution in the short term.
Based on the current technical indicators, including the bearish trend in moving averages and the low RSI readings, a Hold rating is appropriate. Investors should monitor upcoming price movements and market sentiment for potential entry points, as short-term bearish signals may precede a longer-term recovery.
Updated 667 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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