NEXO NEXO
Current Price
$0.9738 -0.89%
$0.0287 Daily Range (2.95%)
$0.9657$0.9944
$7.85M Daily Volume
87 BTC
Vol/MktCap: 0.81%
Market Performance
0.02% Relative BTC Volume
The total volume of NEXO is $7.85M over the past 24 hours, compared to $44.88B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9776 -0.39%
13 SMA $0.9777 -0.40%
21 SMA $0.9801 -0.64%
55 SMA $0.9828 -0.91%
144 SMA $0.9792 -0.56%
Price Performance
-0.64% 1 Hour Change
$0.9738 from $0.9800
+0.17% 7 Day Change
$0.0016 from $0.9722
+3.55% 14 Day Change
$0.0345 from $0.9393
-8.77% 30 Day Change
-$0.0854 from $1.06
All Time High
May 12, 2021
$4.07 -76.03%
-$3.09 vs. now
24H Change
-8.55M USD -0.87%
-95 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
50.10 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
8.01M NEXO
traded over past 24 hours
0.80% 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 $0.982153, reflecting a slight decline of 1.64% over the past 24 hours. The daily trading range has been narrow, with a high of $0.998576 and a low of $0.967282, indicating a lack of volatility and potential price consolidation.
Trading volume stands at 8,370,271, representing a relatively low 0.85% of the market cap, which suggests limited market interest at this price level. The moving averages show a slight upward trend, with the 8 SMA at $0.9756 (+0.67%) indicating potential for short-term recovery.
The 1-hour RSI is positioned at 46, indicating neutral momentum and suggesting that the asset is neither overbought nor oversold. In contrast, the 7-day RSI at 49 supports a similar conclusion, reflecting a stable price action without immediate bullish or bearish pressure.
The recent price changes reveal a 5.34% increase over the past week, yet a larger 30-day decline of 8.40% indicates underlying weakness in the asset's performance. The historical context shows that NEXO reached an all-time high of $4.07 in May 2021, which sets a significant resistance level for future price movements.
Considering the current price action, the lack of momentum, and the proximity to key support levels, NEXO appears to be in a phase of consolidation. The combination of technical indicators and price performance suggests that holding may be the most prudent strategy at this time, allowing for potential upside while monitoring for signs of a breakout or continued weakness.
Rating: Hold. Reason: Current market conditions and technical indicators do not suggest immediate bullish momentum, warranting a cautious approach.
Trading volume stands at 8,370,271, representing a relatively low 0.85% of the market cap, which suggests limited market interest at this price level. The moving averages show a slight upward trend, with the 8 SMA at $0.9756 (+0.67%) indicating potential for short-term recovery.
The 1-hour RSI is positioned at 46, indicating neutral momentum and suggesting that the asset is neither overbought nor oversold. In contrast, the 7-day RSI at 49 supports a similar conclusion, reflecting a stable price action without immediate bullish or bearish pressure.
The recent price changes reveal a 5.34% increase over the past week, yet a larger 30-day decline of 8.40% indicates underlying weakness in the asset's performance. The historical context shows that NEXO reached an all-time high of $4.07 in May 2021, which sets a significant resistance level for future price movements.
Considering the current price action, the lack of momentum, and the proximity to key support levels, NEXO appears to be in a phase of consolidation. The combination of technical indicators and price performance suggests that holding may be the most prudent strategy at this time, allowing for potential upside while monitoring for signs of a breakout or continued weakness.
Rating: Hold. Reason: Current market conditions and technical indicators do not suggest immediate bullish momentum, warranting a cautious approach.
Updated 443 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
In The News

USDT is now recognized as an Accepted Fiat-Referenced Token within the Abu Dhabi Global Market
Tether’s USDT stablecoin has been officially recognized as an “Accepted Virtual Asset” (AVA) by the Financial Services Regulatory Authority (FSRA) within the…

US judge probes South Korea penalties ahead of Do Kwon’s sentencing
Do Kwon will be sentenced in the US on December 11 after pleading guilty to wire fraud and conspiracy charges.

Polymarket trading figures are being ‘double-counted ’: Paradigm
Paradigm researchers found that major analytics dashboards are double-counting Polymarket’s trading volume due to redundant blockchain events.

Cardano Founder Says Crypto’s Quantum Threat Is Overhyped
Cardano founder Charles Hoskinson argues that the quantum threat facing blockchains is overstated today, saying the industry already knows how to build quantum-resistant systems…