NEXO NEXO
Current Price
$0.8510 +2.07%
$0.0695 Daily Range (8.17%)
$0.8273$0.8968
$10.16M Daily Volume
149 BTC
Vol/MktCap: 1.20%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $10.16M over the past 24 hours, compared to $51.89B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.8822 -3.54%
13 SMA $0.8714 -2.35%
21 SMA $0.8569 -0.69%
55 SMA $0.8356 +1.84%
144 SMA $0.8594 -0.98%
Price Performance
-2.51% 1 Hour Change
$0.8510 from $0.8728
-1.45% 7 Day Change
-$0.0123 from $0.8633
+4.79% 14 Day Change
$0.0408 from $0.8102
-10.01% 30 Day Change
-$0.0852 from $0.9362
All Time High
May 12, 2021
$4.07 -79.09%
-$3.22 vs. now
24H Change
17.06M USD +2.05%
250 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
50.01 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
11.79M NEXO
traded over past 24 hours
1.18% 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 $0.857335, reflecting a 2.61% increase over the last 24 hours, with a daily range between $0.827257 and $0.896792. The volume of 10,143,854 indicates a moderate level of trading activity, and the volume to market cap ratio of 1.18% suggests liquidity is relatively stable.
Technical indicators show mixed signals; the hourly moving averages reveal a short-term downward trend with the 8 SMA at $0.8822 down 2.82%, while the 55 SMA at $0.8356 has increased by 2.60%. The 1-hour RSI is at 61, indicating potential overbought conditions, whereas the 7-day RSI at 50 suggests the asset is neutral in the medium term.
From a fundamental perspective, NEXO's recent price fluctuations indicate volatility, with a 7-day price change of -1.21% but a positive 14-day change of 5.42%. Despite the 30-day price change showing a decline of 9.49%, the price is still significantly lower than its all-time high of $4.07 set in May 2021, indicating potential upside if market conditions improve.
Given the current price action, technical indicators, and fundamental analysis, the recommendation for NEXO is to Hold. The asset shows signs of potential recovery but is still within a broader downtrend, making it prudent to observe further market developments before committing to a buy or sell position.
Technical indicators show mixed signals; the hourly moving averages reveal a short-term downward trend with the 8 SMA at $0.8822 down 2.82%, while the 55 SMA at $0.8356 has increased by 2.60%. The 1-hour RSI is at 61, indicating potential overbought conditions, whereas the 7-day RSI at 50 suggests the asset is neutral in the medium term.
From a fundamental perspective, NEXO's recent price fluctuations indicate volatility, with a 7-day price change of -1.21% but a positive 14-day change of 5.42%. Despite the 30-day price change showing a decline of 9.49%, the price is still significantly lower than its all-time high of $4.07 set in May 2021, indicating potential upside if market conditions improve.
Given the current price action, technical indicators, and fundamental analysis, the recommendation for NEXO is to Hold. The asset shows signs of potential recovery but is still within a broader downtrend, making it prudent to observe further market developments before committing to a buy or sell position.
Updated 41 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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