NEXO NEXO
Current Price
$0.8935 -1.51%
$0.0292 Daily Range (3.26%)
$0.8898$0.9190
$5.99M Daily Volume
86 BTC
Vol/MktCap: 0.67%
Market Performance
0.01% Relative BTC Volume
The total volume of NEXO is $5.99M over the past 24 hours, compared to $50.03B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.8962 -0.30%
13 SMA $0.8990 -0.61%
21 SMA $0.9029 -1.04%
55 SMA $0.8944 -0.10%
144 SMA $0.8845 +1.01%
Price Performance
+0.16% 1 Hour Change
$0.8935 from $0.8921
+3.71% 7 Day Change
$0.0332 from $0.8604
+7.55% 14 Day Change
$0.0675 from $0.8260
+11.34% 30 Day Change
$0.1013 from $0.7922
All Time High
May 12, 2021
$4.07 -78.03%
-$3.18 vs. now
24H Change
-14.90M USD -1.64%
-214 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
50.00 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
6.62M NEXO
traded over past 24 hours
0.66% 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 $0.89071, reflecting a slight decrease of 0.8839% over the last 24 hours. The price has oscillated between a daily high of $0.919 and a low of $0.890333, indicating a relatively tight trading range of 0.028667%.
The trading volume stands at 6,138,537, which corresponds to 0.69% of the market cap, suggesting moderate liquidity. The hourly moving averages show a bearish trend, with the 8 SMA at $0.8962 down 0.61% and the 13 SMA at $0.8990 down 0.92%, indicating selling pressure in the short term.
The 1-hour RSI is at 30, signaling that NEXO is in oversold territory, which could imply a potential reversal in the near term. In contrast, the 7-day RSI remains neutral at 50, suggesting a balanced market sentiment over a longer timeframe.
From a technical perspective, the 144 SMA at $0.8845 is showing a positive change of 0.70%, providing a potential support level for traders. However, the 21 SMA is indicating further downside at $0.9029, which could cap short-term rallies.
NEXO has demonstrated positive price changes over the past 7, 14, and 30 days, with gains of 4.02%, 7.40%, and 9.86%, respectively, indicating a longer-term bullish momentum. Despite the recent price decline, this longer-term trend could provide resilience against further downside.
Given the current oversold conditions alongside the recent positive price trends, a cautious approach is warranted. The immediate bearish indicators suggest a Hold rating, as traders may want to wait for a clearer reversal signal before committing to new positions.
The trading volume stands at 6,138,537, which corresponds to 0.69% of the market cap, suggesting moderate liquidity. The hourly moving averages show a bearish trend, with the 8 SMA at $0.8962 down 0.61% and the 13 SMA at $0.8990 down 0.92%, indicating selling pressure in the short term.
The 1-hour RSI is at 30, signaling that NEXO is in oversold territory, which could imply a potential reversal in the near term. In contrast, the 7-day RSI remains neutral at 50, suggesting a balanced market sentiment over a longer timeframe.
From a technical perspective, the 144 SMA at $0.8845 is showing a positive change of 0.70%, providing a potential support level for traders. However, the 21 SMA is indicating further downside at $0.9029, which could cap short-term rallies.
NEXO has demonstrated positive price changes over the past 7, 14, and 30 days, with gains of 4.02%, 7.40%, and 9.86%, respectively, indicating a longer-term bullish momentum. Despite the recent price decline, this longer-term trend could provide resilience against further downside.
Given the current oversold conditions alongside the recent positive price trends, a cautious approach is warranted. The immediate bearish indicators suggest a Hold rating, as traders may want to wait for a clearer reversal signal before committing to new positions.
Updated 96 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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