NEXO NEXO
Current Price
$0.9780 -4.90%
$0.0493 Daily Range (5.04%)
$0.9787$1.03
$11.99M Daily Volume
132 BTC
Vol/MktCap: 1.23%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $11.99M over the past 24 hours, compared to $57.41B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9944 -1.64%
13 SMA $0.9957 -1.77%
21 SMA $1.00 -2.44%
55 SMA $1.00 -2.39%
144 SMA $0.9698 +0.85%
Price Performance
-1.41% 1 Hour Change
$0.9780 from $0.9921
+8.11% 7 Day Change
$0.0793 from $0.8987
-3.26% 14 Day Change
-$0.0319 from $1.01
-13.84% 30 Day Change
-$0.1353 from $1.11
All Time High
May 12, 2021
$4.07 -75.91%
-$3.09 vs. now
24H Change
-49.05M USD -4.77%
-542 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
50.11 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
11.95M NEXO
traded over past 24 hours
1.20% 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 $0.98845, reflecting a slight decline of 0.90% over the last 24 hours. The price action has been constrained within a daily range of $0.0446, with a 24-hour high of $1.033 and a low of $0.988392, indicating low volatility.
Trading volume stands at approximately 13.53 million, with a volume-to-market cap ratio of 1.37%, suggesting limited trading activity relative to its market capitalization. The short-term moving averages (8, 13, 21, and 55 SMA) all indicate a bearish trend, while the longer-term 144 SMA shows a positive shift, suggesting a potential reversal at this support level.
The 1-hour RSI is at a critically low level of 26, indicating oversold conditions, while the 7-day RSI at 54 shows a more neutral sentiment. The 7-day price change is positive at 9.26%, contrasting with a 14-day decline of 2.33% and a more substantial 30-day drop of 13.27%, reflecting a struggle in maintaining upward momentum.
Given the overall market conditions and technical indicators, NEXO is experiencing short-term selling pressure, but the long-term moving average suggests potential support. The current price is hovering near its 144 SMA, which could act as a significant support level.
Considering the mixed indicators, including a strong oversold condition in the short term and the potential for a rebound from a longer-term support level, a Hold rating is advised. This strategy allows investors to monitor for a possible recovery while avoiding premature selling in a volatile market.
Trading volume stands at approximately 13.53 million, with a volume-to-market cap ratio of 1.37%, suggesting limited trading activity relative to its market capitalization. The short-term moving averages (8, 13, 21, and 55 SMA) all indicate a bearish trend, while the longer-term 144 SMA shows a positive shift, suggesting a potential reversal at this support level.
The 1-hour RSI is at a critically low level of 26, indicating oversold conditions, while the 7-day RSI at 54 shows a more neutral sentiment. The 7-day price change is positive at 9.26%, contrasting with a 14-day decline of 2.33% and a more substantial 30-day drop of 13.27%, reflecting a struggle in maintaining upward momentum.
Given the overall market conditions and technical indicators, NEXO is experiencing short-term selling pressure, but the long-term moving average suggests potential support. The current price is hovering near its 144 SMA, which could act as a significant support level.
Considering the mixed indicators, including a strong oversold condition in the short term and the potential for a rebound from a longer-term support level, a Hold rating is advised. This strategy allows investors to monitor for a possible recovery while avoiding premature selling in a volatile market.
Updated 89 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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