NEXO NEXO
Current Price
$0.8946 -0.95%
$0.0229 Daily Range (2.56%)
$0.8934$0.9163
$9.02M Daily Volume
122 BTC
Vol/MktCap: 1.01%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $9.02M over the past 24 hours, compared to $55.23B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.8989 -0.48%
13 SMA $0.9008 -0.69%
21 SMA $0.9020 -0.83%
55 SMA $0.8862 +0.94%
144 SMA $0.8856 +1.00%
Price Performance
-0.56% 1 Hour Change
$0.8946 from $0.8996
+2.80% 7 Day Change
$0.0250 from $0.8695
+2.63% 14 Day Change
$0.0235 from $0.8710
-3.46% 30 Day Change
-$0.0310 from $0.9255
All Time High
May 12, 2021
$4.07 -78.00%
-$3.17 vs. now
24H Change
-12.89M USD -1.42%
-174 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
49.96 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
9.96M NEXO
traded over past 24 hours
1.00% 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 $0.897136, reflecting a 24-hour decline of 1.15%. The asset has experienced a daily trading range of $0.022926, with a high of $0.916343 and a low of $0.893417, indicating relatively stable price action within this short timeframe.
Volume stands at approximately 9.58 million, representing a volume-to-market cap ratio of 1.07%. This suggests moderate trading activity, which is crucial for establishing liquidity; however, the low volatility in price change may indicate a lack of strong buying or selling pressure currently.
Technical indicators show mixed signals, with the hourly moving averages indicating bearish sentiment in the short term. The 8, 13, and 21 SMA all show negative percentages, while the 55 and 144 SMA indicate positive momentum, suggesting a potential trend reversal if sustained.
The RSI metrics indicate a neutral market condition, with the 1-hour RSI at 46 and the 7-day RSI at 54. While the 7-day price change shows an increase of approximately 4.59%, the 30-day price change indicates a slight decline of 0.89%, reflecting some inconsistency in price performance.
Given the current market dynamics, NEXO is positioned in a consolidation phase, hovering near its support levels. The proximity to the daily low could provide an opportunity for buyers, but the absence of strong bullish momentum suggests caution.
Based on the analysis, a Hold rating is recommended. This is due to the current price being near support levels with potential for a short-term rebound, but lack of decisive upward momentum or strong buying volume indicates that a clear Buy signal is not present at this time.
Volume stands at approximately 9.58 million, representing a volume-to-market cap ratio of 1.07%. This suggests moderate trading activity, which is crucial for establishing liquidity; however, the low volatility in price change may indicate a lack of strong buying or selling pressure currently.
Technical indicators show mixed signals, with the hourly moving averages indicating bearish sentiment in the short term. The 8, 13, and 21 SMA all show negative percentages, while the 55 and 144 SMA indicate positive momentum, suggesting a potential trend reversal if sustained.
The RSI metrics indicate a neutral market condition, with the 1-hour RSI at 46 and the 7-day RSI at 54. While the 7-day price change shows an increase of approximately 4.59%, the 30-day price change indicates a slight decline of 0.89%, reflecting some inconsistency in price performance.
Given the current market dynamics, NEXO is positioned in a consolidation phase, hovering near its support levels. The proximity to the daily low could provide an opportunity for buyers, but the absence of strong bullish momentum suggests caution.
Based on the analysis, a Hold rating is recommended. This is due to the current price being near support levels with potential for a short-term rebound, but lack of decisive upward momentum or strong buying volume indicates that a clear Buy signal is not present at this time.
Updated 383 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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