NEXO NEXO
Current Price
$0.8412 -1.09%
$0.0283 Daily Range (3.36%)
$0.8258$0.8541
$6.94M Daily Volume
102 BTC
Vol/MktCap: 0.83%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $6.94M over the past 24 hours, compared to $39.16B total Bitcoin volume.
Hourly Moving Average
Price Performance
-0.01% 1 Hour Change
$0.8412 from $0.8413
+8.08% 7 Day Change
$0.0680 from $0.7733
+3.84% 14 Day Change
$0.0323 from $0.8089
-15.58% 30 Day Change
-$0.1311 from $0.9723
All Time High
May 12, 2021
$4.07 -79.32%
-$3.23 vs. now
24H Change
-9.83M USD -1.16%
-144 BTC
Volume and Supply
Total Supply: 1.00B NEXO 
1.00B NEXO AvailableRelative Supply Ratio
50.02 x BTC SupplyRelative Trade Volume
8.27M NEXO
traded over past 24 hours
Conversion Tool
NEXO AI Market Analysis
Trading volume stands at approximately 7 million, corresponding to a volume-to-market cap ratio of 0.84%. The hourly moving averages show mixed signals; the 8 SMA and 13 SMA are trending positively at +0.77% and +0.93%, while the 55 SMA is declining at -0.86%, suggesting potential resistance around $0.8514.
The 1-hour RSI is currently at 61, indicating near-term bullish momentum, while the 7-day RSI is at 52, suggesting neutrality over a longer timeframe. The 7-day price change shows an increase of 8.56%, which contrasts sharply with a 30-day decline of nearly 15%, highlighting significant short-term recovery against a backdrop of longer-term weakness.
Historically, NEXO's all-time high of $4.07 was reached in May 2021, suggesting substantial downside potential from current levels. The combination of positive short-term indicators and the recent recovery suggests that while NEXO is not yet bullish, it may be stabilizing after a bearish phase.
Given the current technical indicators and mixed fundamental data, a cautious approach is warranted. The price action suggests a short-term recovery but is still vulnerable to potential reversals due to longer-term trends.
Rating: Hold. The recent positive momentum warrants observation but does not yet justify a buy, given significant historical declines and mixed signals from moving averages.
Updated 55 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
In The News

As the cryptocurrency market enters a new phase of volatile expansion, one of the leading global digital asset trading platforms Zoomex officially announced the launch of its…

Altcoins notch double-digit weekly gains as Bitcoin remains rangebound, but most remain well below all-time highs with macro data looming.

Animoca Brands' VASP license in Dubai enhances its global digital asset influence, fostering regional growth and innovation in web3 technologies.

Finam's Bitcoin mining fund could boost Russia's crypto market, leveraging local energy resources and potentially attracting global investors.