NEXO NEXO
Current Price
$0.9054 +0.25%
$0.0091 Daily Range (1.01%)
$0.9017$0.9108
$5.18M Daily Volume
67 BTC
Vol/MktCap: 0.57%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $5.18M over the past 24 hours, compared to $21.73B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9055 -0.01%
13 SMA $0.9061 -0.08%
21 SMA $0.9062 -0.09%
55 SMA $0.9036 +0.20%
144 SMA $0.9025 +0.32%
Price Performance
+0.12% 1 Hour Change
$0.9054 from $0.9044
+0.30% 7 Day Change
$0.0027 from $0.9028
+1.46% 14 Day Change
$0.0132 from $0.8922
+1.42% 30 Day Change
$0.0129 from $0.8925
All Time High
May 12, 2021
$4.07 -77.74%
-$3.16 vs. now
24H Change
1.86M USD +0.21%
24 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
49.95 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
5.71M NEXO
traded over past 24 hours
0.57% 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 $0.903853 with a modest 24-hour price change of 0.03511%. The daily price range has been tight, with a high of $0.910839 and a low of $0.898323, indicating relatively low volatility in the short term.
Trading volume over the last 24 hours stands at 6,231,728, which corresponds to a volume-to-market cap ratio of 0.69%. This low ratio suggests that liquidity may be limited, and larger price movements could be impacted by significant buy or sell orders.
From a technical perspective, the short-term moving averages are showing a bearish trend, with the 8, 13, and 21 SMAs all indicating slight declines. However, the 55 SMA is showing a modest increase of 0.03%, indicating potential support around the current price level.
The 1-hour RSI is currently at 45, suggesting that NEXO is neither overbought nor oversold in the short term. Meanwhile, the 7-day RSI at 51 indicates a neutral trend, but the 7-day price change of -0.0655% shows a slight downtrend over the week, contrasting with a more positive 14-day change of 1.11% and a 30-day change of 1.29%.
Given that the all-time high of $4.07 was reached in May 2021, NEXO is currently trading at approximately 22% of its peak value. The long-term outlook may still be attractive, but the current price action and technical indicators suggest caution in the short term.
In summary, while NEXO has shown some resilience over the past month, the recent price action and technical indicators point towards a potential short-term decline. Therefore, the rating for NEXO is Hold, as investors may want to wait for a clearer bullish signal before committing to a buy.
Trading volume over the last 24 hours stands at 6,231,728, which corresponds to a volume-to-market cap ratio of 0.69%. This low ratio suggests that liquidity may be limited, and larger price movements could be impacted by significant buy or sell orders.
From a technical perspective, the short-term moving averages are showing a bearish trend, with the 8, 13, and 21 SMAs all indicating slight declines. However, the 55 SMA is showing a modest increase of 0.03%, indicating potential support around the current price level.
The 1-hour RSI is currently at 45, suggesting that NEXO is neither overbought nor oversold in the short term. Meanwhile, the 7-day RSI at 51 indicates a neutral trend, but the 7-day price change of -0.0655% shows a slight downtrend over the week, contrasting with a more positive 14-day change of 1.11% and a 30-day change of 1.29%.
Given that the all-time high of $4.07 was reached in May 2021, NEXO is currently trading at approximately 22% of its peak value. The long-term outlook may still be attractive, but the current price action and technical indicators suggest caution in the short term.
In summary, while NEXO has shown some resilience over the past month, the recent price action and technical indicators point towards a potential short-term decline. Therefore, the rating for NEXO is Hold, as investors may want to wait for a clearer bullish signal before committing to a buy.
Updated 64 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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