NEXO NEXO
Current Price
$0.9274 +1.13%
$0.0390 Daily Range (4.21%)
$0.9033$0.9423
$13.95M Daily Volume
155 BTC
Vol/MktCap: 1.50%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $13.95M over the past 24 hours, compared to $57.16B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9348 -0.79%
13 SMA $0.9325 -0.55%
21 SMA $0.9263 +0.12%
55 SMA $0.9295 -0.23%
144 SMA $0.9616 -3.56%
Price Performance
-0.57% 1 Hour Change
$0.9274 from $0.9327
-4.42% 7 Day Change
-$0.0410 from $0.9684
-2.49% 14 Day Change
-$0.0231 from $0.9504
-0.65% 30 Day Change
-$0.0060 from $0.9334
All Time High
May 12, 2021
$4.07 -77.17%
-$3.14 vs. now
24H Change
10.41M USD +1.14%
116 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
50.05 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
15.11M NEXO
traded over past 24 hours
1.51% 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 $0.903313, reflecting a 24-hour decline of 2.79%. The price has fluctuated between a high of $0.932022 and a low of $0.901091 over the same period, indicating a daily range of approximately 3.09%.
Volume stands at 13,680,542, with a volume-to-market cap ratio of 1.50%. This suggests relatively low trading activity in relation to the overall market cap, which may indicate weaker investor interest at this price level.
Technical indicators show that the hourly moving averages are all trending downward, with the 8 SMA at $0.9167 and the 55 SMA at $0.9353, both showing significant declines. The 1-hour RSI of 43 and the 7-day RSI of 43 further reinforce the bearish sentiment, suggesting that NEXO is nearing oversold territory but lacks strong buying momentum.
From a longer-term perspective, NEXO has experienced a 7-day price change of -7.09%, a 14-day change of -6.99%, and a 30-day change of -3.25%. These negative trends indicate persistent selling pressure, contributing to the overall bearish outlook for the asset.
The all-time high for NEXO remains at $4.07, achieved in May 2021, indicating a substantial decline from current levels. The price needs to show a significant recovery and break through resistance levels near $0.9353 to signal a potential trend reversal.
Given the current data and analysis, a Sell rating is warranted. The persistent downtrends in price and technical indicators, coupled with low trading volume, suggest that NEXO is likely to face continued selling pressure in the near term.
Volume stands at 13,680,542, with a volume-to-market cap ratio of 1.50%. This suggests relatively low trading activity in relation to the overall market cap, which may indicate weaker investor interest at this price level.
Technical indicators show that the hourly moving averages are all trending downward, with the 8 SMA at $0.9167 and the 55 SMA at $0.9353, both showing significant declines. The 1-hour RSI of 43 and the 7-day RSI of 43 further reinforce the bearish sentiment, suggesting that NEXO is nearing oversold territory but lacks strong buying momentum.
From a longer-term perspective, NEXO has experienced a 7-day price change of -7.09%, a 14-day change of -6.99%, and a 30-day change of -3.25%. These negative trends indicate persistent selling pressure, contributing to the overall bearish outlook for the asset.
The all-time high for NEXO remains at $4.07, achieved in May 2021, indicating a substantial decline from current levels. The price needs to show a significant recovery and break through resistance levels near $0.9353 to signal a potential trend reversal.
Given the current data and analysis, a Sell rating is warranted. The persistent downtrends in price and technical indicators, coupled with low trading volume, suggest that NEXO is likely to face continued selling pressure in the near term.
Updated 754 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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