NEXO NEXO
Current Price
$0.9059 +1.55%
$0.0275 Daily Range (3.04%)
$0.8858$0.9133
$11.59M Daily Volume
145 BTC
Vol/MktCap: 1.28%
Market Performance
0.04% Relative BTC Volume
The total volume of NEXO is $11.59M over the past 24 hours, compared to $32.75B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9002 +0.63%
13 SMA $0.8958 +1.12%
21 SMA $0.8943 +1.29%
55 SMA $0.8971 +0.98%
144 SMA $0.9017 +0.46%
Price Performance
+0.30% 1 Hour Change
$0.9059 from $0.9031
+0.38% 7 Day Change
$0.0035 from $0.9024
-0.04% 14 Day Change
-$0.0004 from $0.9063
+3.36% 30 Day Change
$0.0305 from $0.8754
All Time High
May 12, 2021
$4.07 -77.76%
-$3.16 vs. now
24H Change
14.93M USD +1.68%
186 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
12.89M NEXO
traded over past 24 hours
1.29% 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 $0.905959, exhibiting a slight upward movement of 1.39595% over the past 24 hours. The daily trading range has been relatively narrow, with a high of $0.910955 and a low of $0.885812, indicating a stable price action amidst low volatility.
The trading volume stands at approximately 9.9 million, representing a 1.09% ratio to the market cap, which suggests that trading activity is moderate. Moving averages indicate bullish momentum, with the 8 SMA at $0.8898 and the 55 SMA at $0.8972, both showing positive trends, while the 144 SMA at $0.9017 reinforces support at current levels.
The 1-hour RSI is at 75, indicating overbought conditions, which could lead to a short-term price correction. In contrast, the 7-day RSI is neutral at 50, suggesting that NEXO has potential for continued upward movement without immediate bearish pressure.
Over the past 30 days, NEXO has appreciated by approximately 4.73%, reflecting a stronger long-term trend compared to its 14-day price change of 11.59%. This indicates that, while the asset has shown some volatility, its general trajectory remains upward, supported by fundamental market conditions.
Despite reaching an all-time high of $4.07 in May 2021, current pricing reflects a substantial decline, leaving significant room for recovery in the long term. However, short-term indicators suggest caution due to the overbought RSI level.
Given the current analysis, a "Hold" rating is warranted. While the price shows short-term bullish tendencies, the overbought RSI indicates a potential pullback; thus, waiting for a better entry point may be prudent before making further investment decisions.
The trading volume stands at approximately 9.9 million, representing a 1.09% ratio to the market cap, which suggests that trading activity is moderate. Moving averages indicate bullish momentum, with the 8 SMA at $0.8898 and the 55 SMA at $0.8972, both showing positive trends, while the 144 SMA at $0.9017 reinforces support at current levels.
The 1-hour RSI is at 75, indicating overbought conditions, which could lead to a short-term price correction. In contrast, the 7-day RSI is neutral at 50, suggesting that NEXO has potential for continued upward movement without immediate bearish pressure.
Over the past 30 days, NEXO has appreciated by approximately 4.73%, reflecting a stronger long-term trend compared to its 14-day price change of 11.59%. This indicates that, while the asset has shown some volatility, its general trajectory remains upward, supported by fundamental market conditions.
Despite reaching an all-time high of $4.07 in May 2021, current pricing reflects a substantial decline, leaving significant room for recovery in the long term. However, short-term indicators suggest caution due to the overbought RSI level.
Given the current analysis, a "Hold" rating is warranted. While the price shows short-term bullish tendencies, the overbought RSI indicates a potential pullback; thus, waiting for a better entry point may be prudent before making further investment decisions.
Updated 409 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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