NEXO NEXO
Current Price
$0.9132 -0.05%
$0.0157 Daily Range (1.72%)
$0.9125$0.9282
$7.66M Daily Volume
95 BTC
Vol/MktCap: 0.84%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $7.66M over the past 24 hours, compared to $33.88B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9210 -0.85%
13 SMA $0.9206 -0.81%
21 SMA $0.9204 -0.78%
55 SMA $0.9133 -0.01%
144 SMA $0.9053 +0.87%
Price Performance
-0.49% 1 Hour Change
$0.9132 from $0.9177
+0.29% 7 Day Change
$0.0027 from $0.9105
+1.27% 14 Day Change
$0.0116 from $0.9016
+2.61% 30 Day Change
$0.0238 from $0.8894
All Time High
May 12, 2021
$4.07 -77.55%
-$3.16 vs. now
24H Change
-476.04K USD -0.05%
-6 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
49.93 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
8.33M NEXO
traded over past 24 hours
0.83% 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 $0.915568, reflecting a slight increase of 0.57668% over the past 24 hours. The price remains within a narrow daily range, with a high of $0.928224 and a low of $0.910318, indicating limited volatility in the short term.
Trading volume stands at 7,166,231, which constitutes 0.78% of the market cap, suggesting moderate interest from traders. The hourly moving averages show mixed signals; while the 55 SMA and 144 SMA are trending positively, shorter-term SMAs are indicating downward pressure.
The 1-hour RSI is at 44, suggesting that NEXO is nearing oversold conditions, while the 7-day RSI of 51 indicates a neutral momentum. Price changes over the last 7, 14, and 30 days show positive trends of 0.55%, 1.53%, and 2.87% respectively, hinting at a gradual recovery since the recent lows.
Despite the positive 30-day price change, NEXO is significantly below its all-time high of $4.07, which occurred in May 2021. The current price level presents a crucial support zone, which may act as a springboard for a potential upward movement if buying interest increases.
Given the technical indicators and the overall market sentiment, the current price reflects a potential accumulation zone. However, the mixed signals from moving averages and the RSI suggest caution, as the price remains below critical moving average resistance levels.
In conclusion, the recommendation for NEXO is to Hold. The asset shows signs of stabilization and potential upside in the medium term, but short-term volatility and resistance levels need to be monitored closely before considering a Buy.
Trading volume stands at 7,166,231, which constitutes 0.78% of the market cap, suggesting moderate interest from traders. The hourly moving averages show mixed signals; while the 55 SMA and 144 SMA are trending positively, shorter-term SMAs are indicating downward pressure.
The 1-hour RSI is at 44, suggesting that NEXO is nearing oversold conditions, while the 7-day RSI of 51 indicates a neutral momentum. Price changes over the last 7, 14, and 30 days show positive trends of 0.55%, 1.53%, and 2.87% respectively, hinting at a gradual recovery since the recent lows.
Despite the positive 30-day price change, NEXO is significantly below its all-time high of $4.07, which occurred in May 2021. The current price level presents a crucial support zone, which may act as a springboard for a potential upward movement if buying interest increases.
Given the technical indicators and the overall market sentiment, the current price reflects a potential accumulation zone. However, the mixed signals from moving averages and the RSI suggest caution, as the price remains below critical moving average resistance levels.
In conclusion, the recommendation for NEXO is to Hold. The asset shows signs of stabilization and potential upside in the medium term, but short-term volatility and resistance levels need to be monitored closely before considering a Buy.
Updated 28 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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