NEXO NEXO
Current Price
$0.8998 -0.96%
$0.0230 Daily Range (2.55%)
$0.8981$0.9211
$6.18M Daily Volume
79 BTC
Vol/MktCap: 0.69%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $6.18M over the past 24 hours, compared to $32.97B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9144 -1.60%
13 SMA $0.9121 -1.34%
21 SMA $0.9103 -1.15%
55 SMA $0.9066 -0.75%
144 SMA $0.9063 -0.71%
Price Performance
-0.22% 1 Hour Change
$0.8998 from $0.9018
+1.01% 7 Day Change
$0.0091 from $0.8907
+4.04% 14 Day Change
$0.0363 from $0.8635
+3.03% 30 Day Change
$0.0272 from $0.8726
All Time High
May 12, 2021
$4.07 -77.83%
-$3.17 vs. now
24H Change
-9.18M USD -1.01%
-118 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
6.79M NEXO
traded over past 24 hours
0.68% 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 $0.900977, reflecting a slight decline of 0.60% over the past 24 hours. The daily trading range has been relatively narrow, oscillating between a high of $0.921052 and a low of $0.898073, indicating a period of consolidation.
Volume stands at approximately 4.46 million, accounting for 0.49% of its market cap, which suggests a moderate level of trading activity. The hourly moving averages are trending lower, with the 8 SMA at $0.9144 showing a decline of 1.47%, further indicating bearish sentiment in the short term.
The 1-hour RSI is at 44, suggesting a lack of immediate buying pressure, while the 7-day RSI remains neutral at 50, reflecting a balance between buying and selling momentum. Over the past week, NEXO has experienced a price increase of approximately 2.19%, and a more significant increase of about 4.39% over the last 14 days, indicating some bullish momentum in the medium term.
However, the current price is significantly below its all-time high of $4.07, achieved in May 2021, highlighting the substantial downside potential from historical levels. Given the overall market conditions, particularly the downward movement in short-term moving averages and the RSI readings, the current sentiment appears cautious.
Considering the combination of moderate price action, bearish short-term indicators, and a lack of strong buying momentum, the recommendation for NEXO is to Hold. This strategy allows for observing potential price stabilization or reversal before making further investment decisions.
Volume stands at approximately 4.46 million, accounting for 0.49% of its market cap, which suggests a moderate level of trading activity. The hourly moving averages are trending lower, with the 8 SMA at $0.9144 showing a decline of 1.47%, further indicating bearish sentiment in the short term.
The 1-hour RSI is at 44, suggesting a lack of immediate buying pressure, while the 7-day RSI remains neutral at 50, reflecting a balance between buying and selling momentum. Over the past week, NEXO has experienced a price increase of approximately 2.19%, and a more significant increase of about 4.39% over the last 14 days, indicating some bullish momentum in the medium term.
However, the current price is significantly below its all-time high of $4.07, achieved in May 2021, highlighting the substantial downside potential from historical levels. Given the overall market conditions, particularly the downward movement in short-term moving averages and the RSI readings, the current sentiment appears cautious.
Considering the combination of moderate price action, bearish short-term indicators, and a lack of strong buying momentum, the recommendation for NEXO is to Hold. This strategy allows for observing potential price stabilization or reversal before making further investment decisions.
Updated 193 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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