NEXO NEXO
Current Price
$0.8779 -2.98%
$0.0296 Daily Range (3.37%)
$0.8756$0.9052
$6.24M Daily Volume
84 BTC
Vol/MktCap: 0.71%
Market Performance
0.01% Relative BTC Volume
The total volume of NEXO is $6.24M over the past 24 hours, compared to $62.06B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.8943 -1.83%
13 SMA $0.8943 -1.83%
21 SMA $0.8977 -2.20%
55 SMA $0.9098 -3.51%
144 SMA $0.9041 -2.90%
Price Performance
-1.56% 1 Hour Change
$0.8779 from $0.8918
+1.32% 7 Day Change
$0.0116 from $0.8663
+4.89% 14 Day Change
$0.0429 from $0.8350
-3.26% 30 Day Change
-$0.0286 from $0.9065
All Time High
May 12, 2021
$4.07 -78.43%
-$3.19 vs. now
24H Change
-27.39M USD -3.03%
-371 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
49.95 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
7.00M NEXO
traded over past 24 hours
0.70% 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's current price stands at $0.889037, reflecting a 1.38% decline over the past 24 hours. The daily trading range has been relatively narrow, with a high of $0.907955 and a low of $0.887997, indicating low volatility in the short term.
Volume has reached 4,977,407, equating to 0.56% of the market cap, which suggests moderate interest from traders. The 1-hour RSI is currently at 33, indicating a bearish momentum, while the 7-day RSI sits at 47, showing that the asset is nearing oversold territory but hasn't yet triggered a reversal signal.
Looking at moving averages, the short-term SMAs (8, 13, 21) are all below current prices, suggesting downward pressure in the immediate term. The longer-term SMA (55) indicates a more substantial resistance at $0.9098, as it is down 2.28%, reinforcing the bearish trend in recent trading sessions.
Over the past week, NEXO has experienced a positive price change of approximately 2.28%, with a more significant increase of 6.10% over the last 14 days, indicating some recovery potential. However, the 30-day price change is slightly negative at -0.74%, suggesting that overall momentum has been weak.
With the all-time high recorded at $4.07 in May 2021, the current price reflects a significant decline, which highlights the potential for a long-term value play as the market matures. Nevertheless, the current technical indicators, including the bearish RSI and downward-moving averages, suggest that further downside could be imminent.
Considering all factors, the recommendation is to Hold NEXO at this time. The asset may present value for long-term investors, but the immediate technical indicators and lack of strong buying pressure suggest caution in making new purchases until a clear reversal is observed.
Volume has reached 4,977,407, equating to 0.56% of the market cap, which suggests moderate interest from traders. The 1-hour RSI is currently at 33, indicating a bearish momentum, while the 7-day RSI sits at 47, showing that the asset is nearing oversold territory but hasn't yet triggered a reversal signal.
Looking at moving averages, the short-term SMAs (8, 13, 21) are all below current prices, suggesting downward pressure in the immediate term. The longer-term SMA (55) indicates a more substantial resistance at $0.9098, as it is down 2.28%, reinforcing the bearish trend in recent trading sessions.
Over the past week, NEXO has experienced a positive price change of approximately 2.28%, with a more significant increase of 6.10% over the last 14 days, indicating some recovery potential. However, the 30-day price change is slightly negative at -0.74%, suggesting that overall momentum has been weak.
With the all-time high recorded at $4.07 in May 2021, the current price reflects a significant decline, which highlights the potential for a long-term value play as the market matures. Nevertheless, the current technical indicators, including the bearish RSI and downward-moving averages, suggest that further downside could be imminent.
Considering all factors, the recommendation is to Hold NEXO at this time. The asset may present value for long-term investors, but the immediate technical indicators and lack of strong buying pressure suggest caution in making new purchases until a clear reversal is observed.
Updated 324 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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