NEXO NEXO
Current Price
$0.8831 -1.24%
$0.0203 Daily Range (2.30%)
$0.8808$0.9010
$7.79M Daily Volume
103 BTC
Vol/MktCap: 0.88%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $7.79M over the past 24 hours, compared to $42.12B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.8841 -0.12%
13 SMA $0.8877 -0.52%
21 SMA $0.8903 -0.81%
55 SMA $0.8904 -0.82%
144 SMA $0.8994 -1.81%
Price Performance
-0.14% 1 Hour Change
$0.8831 from $0.8844
-2.39% 7 Day Change
-$0.0211 from $0.9042
-2.40% 14 Day Change
-$0.0212 from $0.9043
-0.65% 30 Day Change
-$0.0058 from $0.8888
All Time High
May 12, 2021
$4.07 -78.25%
-$3.18 vs. now
24H Change
-11.56M USD -1.29%
-153 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
49.94 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
8.74M NEXO
traded over past 24 hours
0.87% 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 $0.88775, reflecting a slight decline of 0.18013% over the past 24 hours. The asset has experienced a daily trading range between $0.880775 and $0.901048, indicating a relatively stable price movement with a narrow daily range of 0.020273%.
Trading volume for the past 24 hours stands at 7,358,149, which corresponds to a volume-to-market cap ratio of 0.83%. The hourly moving averages show mixed signals, with the 8 SMA indicating a slight upward trend (+0.41%) while the longer-term SMAs (21 SMA and 55 SMA) exhibit minor downward trends, suggesting potential resistance around the $0.8900 level.
The 1-hour RSI is currently at 40, indicating bearish momentum, while the 7-day RSI of 48 points to a neutral stance, suggesting indecision in the market. The price changes over various time frames show a decline of 2.68% over the past week and a slight increase of 1.17% over the past month, reflecting recent volatility but a marginal recovery in the longer term.
NEXO's all-time high was $4.07 in May 2021, which underscores its potential for significant upside should market conditions improve. However, current price performance and technical indicators do not suggest immediate bullish momentum, as the asset remains well below previous highs and struggles to maintain upward movement.
Given the mixed technical signals and the current price action, a cautious approach is warranted. Therefore, I recommend a Hold rating on NEXO, as the asset requires further confirmation of upward momentum before considering a Buy position.
Trading volume for the past 24 hours stands at 7,358,149, which corresponds to a volume-to-market cap ratio of 0.83%. The hourly moving averages show mixed signals, with the 8 SMA indicating a slight upward trend (+0.41%) while the longer-term SMAs (21 SMA and 55 SMA) exhibit minor downward trends, suggesting potential resistance around the $0.8900 level.
The 1-hour RSI is currently at 40, indicating bearish momentum, while the 7-day RSI of 48 points to a neutral stance, suggesting indecision in the market. The price changes over various time frames show a decline of 2.68% over the past week and a slight increase of 1.17% over the past month, reflecting recent volatility but a marginal recovery in the longer term.
NEXO's all-time high was $4.07 in May 2021, which underscores its potential for significant upside should market conditions improve. However, current price performance and technical indicators do not suggest immediate bullish momentum, as the asset remains well below previous highs and struggles to maintain upward movement.
Given the mixed technical signals and the current price action, a cautious approach is warranted. Therefore, I recommend a Hold rating on NEXO, as the asset requires further confirmation of upward momentum before considering a Buy position.
Updated 158 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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