NEXO NEXO
Current Price
$0.8563 -1.53%
$0.0376 Daily Range (4.40%)
$0.8359$0.8735
$11.03M Daily Volume
161 BTC
Vol/MktCap: 1.29%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $11.03M over the past 24 hours, compared to $54.46B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.8492 +0.84%
13 SMA $0.8506 +0.67%
21 SMA $0.8578 -0.18%
55 SMA $0.8563 +0.01%
144 SMA $0.8553 +0.11%
Price Performance
+0.22% 1 Hour Change
$0.8563 from $0.8545
+3.90% 7 Day Change
$0.0334 from $0.8229
-5.38% 14 Day Change
-$0.0461 from $0.9024
+5.73% 30 Day Change
$0.0491 from $0.8072
All Time High
May 12, 2021
$4.07 -78.94%
-$3.21 vs. now
24H Change
-14.83M USD -1.70%
-217 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
12.90M NEXO
traded over past 24 hours
1.29% 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's current price is $0.853945, reflecting a 24-hour change of -3.04%. The asset has experienced a daily range of $0.044859, with a high of $0.880753 and a low of $0.835894, indicating short-term volatility within a narrow band.
Trading volume stands at 10,289,884, corresponding to a volume-to-market cap ratio of 1.20%. The hourly moving averages show mixed signals, with the 8 SMA at $0.8510 reflecting a slight uptick of +0.34%, while longer averages like the 21 SMA at $0.8633 are showing a decline of -1.08%.
The 1-hour RSI is currently at 38, indicating that NEXO is nearing oversold conditions in the short term. However, the 7-day RSI is at 48, suggesting that momentum is neutral and there is no strong trend established over this timeframe.
In terms of price change, NEXO has gained approximately 4.80% over the past week, although it has experienced a decline of around 6.04% over the last two weeks. This short-term gain contrasts with the longer-term trend, indicating potential volatility ahead as market sentiment fluctuates.
Given the significant distance from its all-time high of $4.07, reached on May 12, 2021, NEXO has considerable room for growth, but current technical indicators suggest caution. The overall mixed signals in the moving averages and RSI readings indicate a lack of clear momentum in either direction.
Considering these factors, a Hold rating is warranted for NEXO at this time. The current price action and technical indicators suggest that while there may be opportunities for short-term gains, the lack of upward momentum and potential volatility imply that investors should monitor the market closely before committing additional capital.
Trading volume stands at 10,289,884, corresponding to a volume-to-market cap ratio of 1.20%. The hourly moving averages show mixed signals, with the 8 SMA at $0.8510 reflecting a slight uptick of +0.34%, while longer averages like the 21 SMA at $0.8633 are showing a decline of -1.08%.
The 1-hour RSI is currently at 38, indicating that NEXO is nearing oversold conditions in the short term. However, the 7-day RSI is at 48, suggesting that momentum is neutral and there is no strong trend established over this timeframe.
In terms of price change, NEXO has gained approximately 4.80% over the past week, although it has experienced a decline of around 6.04% over the last two weeks. This short-term gain contrasts with the longer-term trend, indicating potential volatility ahead as market sentiment fluctuates.
Given the significant distance from its all-time high of $4.07, reached on May 12, 2021, NEXO has considerable room for growth, but current technical indicators suggest caution. The overall mixed signals in the moving averages and RSI readings indicate a lack of clear momentum in either direction.
Considering these factors, a Hold rating is warranted for NEXO at this time. The current price action and technical indicators suggest that while there may be opportunities for short-term gains, the lack of upward momentum and potential volatility imply that investors should monitor the market closely before committing additional capital.
Updated 31 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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