NEXO NEXO
Current Price
$0.8703 -2.30%
$0.0347 Daily Range (3.99%)
$0.8634$0.8981
$5.77M Daily Volume
87 BTC
Vol/MktCap: 0.66%
Market Performance
0.01% Relative BTC Volume
The total volume of NEXO is $5.77M over the past 24 hours, compared to $49.00B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.8827 -1.41%
13 SMA $0.8799 -1.09%
21 SMA $0.8834 -1.49%
55 SMA $0.8835 -1.49%
144 SMA $0.8855 -1.72%
Price Performance
-1.80% 1 Hour Change
$0.8703 from $0.8863
-3.51% 7 Day Change
-$0.0306 from $0.9009
-4.04% 14 Day Change
-$0.0352 from $0.9055
+2.21% 30 Day Change
$0.0192 from $0.8510
All Time High
May 12, 2021
$4.07 -78.61%
-$3.20 vs. now
24H Change
-21.36M USD -2.40%
-320 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
49.98 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
6.56M 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 $0.880523, reflecting a 24-hour decline of 1.56%. The asset has experienced a daily range between $0.870229 and $0.898117, indicating limited volatility in the recent session with a daily range of approximately 3.13%.
The trading volume over the past 24 hours stands at 6,131,741, contributing to a volume-to-market cap ratio of 0.70%. This relatively low volume suggests that market activity is subdued, and investors may be cautious amid the recent price decline.
Technical indicators show mixed signals, with the 8-period SMA at $0.8827 down 0.25%, while the 13-period SMA is slightly up by 0.07% at $0.8799. However, longer-term SMAs such as the 55-period and 144-period both indicate downtrends, suggesting bearish momentum is present in the market.
The 1-hour RSI is at 48, indicating neutral momentum, while the 7-day RSI is also at 48, reflecting a lack of strong directional bias over the past week. Price changes over the last 7 and 14 days are negative, with declines of 2.92% and 3.48%, respectively, signaling weakness in recent price action.
In contrast, the 30-day price change shows a modest increase of 2.55%, indicating some potential for recovery from earlier losses. However, this uptick is overshadowed by the significant drop from the all-time high of $4.07, achieved in May 2021, which highlights the need for caution in positioning.
Overall, the lack of strong bullish signals, combined with a generally bearish trend in the short to medium term, suggests that NEXO may face continued pressure. Given the current technical setup and market sentiment, a Hold rating is recommended, as further confirmation of bullish reversal patterns is necessary before considering an entry point.
The trading volume over the past 24 hours stands at 6,131,741, contributing to a volume-to-market cap ratio of 0.70%. This relatively low volume suggests that market activity is subdued, and investors may be cautious amid the recent price decline.
Technical indicators show mixed signals, with the 8-period SMA at $0.8827 down 0.25%, while the 13-period SMA is slightly up by 0.07% at $0.8799. However, longer-term SMAs such as the 55-period and 144-period both indicate downtrends, suggesting bearish momentum is present in the market.
The 1-hour RSI is at 48, indicating neutral momentum, while the 7-day RSI is also at 48, reflecting a lack of strong directional bias over the past week. Price changes over the last 7 and 14 days are negative, with declines of 2.92% and 3.48%, respectively, signaling weakness in recent price action.
In contrast, the 30-day price change shows a modest increase of 2.55%, indicating some potential for recovery from earlier losses. However, this uptick is overshadowed by the significant drop from the all-time high of $4.07, achieved in May 2021, which highlights the need for caution in positioning.
Overall, the lack of strong bullish signals, combined with a generally bearish trend in the short to medium term, suggests that NEXO may face continued pressure. Given the current technical setup and market sentiment, a Hold rating is recommended, as further confirmation of bullish reversal patterns is necessary before considering an entry point.
Updated 215 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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