NEXO NEXO
Current Price
$0.7870 +2.62%
$0.0488 Daily Range (6.20%)
$0.7472$0.7960
$10.11M Daily Volume
146 BTC
Vol/MktCap: 1.28%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $10.11M over the past 24 hours, compared to $66.42B total Bitcoin volume.
Hourly Moving Average
Price Performance
-0.36% 1 Hour Change
$0.7870 from $0.7899
-6.41% 7 Day Change
-$0.0504 from $0.8375
-16.59% 14 Day Change
-$0.1306 from $0.9176
-17.97% 30 Day Change
-$0.1414 from $0.9285
All Time High
May 12, 2021
$4.07 -80.65%
-$3.28 vs. now
24H Change
19.91M USD +2.60%
288 BTC
Volume and Supply
Total Supply: 1.00B NEXO 
1.00B NEXO AvailableRelative Supply Ratio
50.04 x BTC SupplyRelative Trade Volume
13.11M NEXO
traded over past 24 hours
Conversion Tool
NEXO AI Market Analysis
Despite the positive daily change, the 7-day RSI at 46 signals that NEXO is approaching the neutral zone but still lacks momentum to confirm a bullish trend. The volume of $17,366,752 represents 2.31% of the market cap, indicating a moderate level of trading activity, but it is not sufficient to support a sustained upward movement given the current price action.
Technical indicators show mixed signals; the hourly moving averages are predominantly bearish, with the 8 SMA at $0.7706 and the 13 SMA at $0.7693 reflecting downward pressure. The 21 SMA is slightly above the current price at $0.7554, while the 55 SMA at $0.7261 has turned bullish, suggesting short-term resistance around the $0.77 level.
NEXO's performance over longer time frames is concerning, with the 7-day, 14-day, and 30-day price changes at -15.11%, -19.71%, and -21.09% respectively, indicating a clear downtrend. Additionally, the all-time high of $4.07 from May 2021 underscores the significant decline from peak values, raising questions about the asset's current valuation.
Considering the current technical indicators and fundamental trends, the outlook for NEXO remains cautious. With the price under resistance levels and no clear upward momentum indicated by the RSI, a Hold rating is appropriate, allowing investors to monitor for potential signs of a trend reversal or further declines.
Updated 830 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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