NEXO NEXO
Current Price
$0.8266 -0.74%
$0.0382 Daily Range (4.62%)
$0.8064$0.8446
$12.07M Daily Volume
175 BTC
Vol/MktCap: 1.46%
Market Performance
0.03% Relative BTC Volume
The total volume of NEXO is $12.07M over the past 24 hours, compared to $43.24B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.8306 -0.48%
13 SMA $0.8278 -0.15%
21 SMA $0.8240 +0.31%
55 SMA $0.8150 +1.42%
144 SMA $0.7744 +6.74%
Price Performance
-0.69% 1 Hour Change
$0.8266 from $0.8323
+1.59% 7 Day Change
$0.0131 from $0.8135
-13.15% 14 Day Change
-$0.1087 from $0.9352
-13.86% 30 Day Change
-$0.1146 from $0.9412
All Time High
May 12, 2021
$4.07 -79.72%
-$3.24 vs. now
24H Change
-6.88M USD -0.83%
-100 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
50.03 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
14.62M NEXO
traded over past 24 hours
1.46% 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 $0.836259, showing a minor increase of 0.09762% over the last 24 hours. The price has fluctuated within a daily range of $0.03818, with a high of $0.844598 and a low of $0.806418, indicating a relatively stable trading environment.
Volume over the past 24 hours stands at 12,203,183, representing 1.46% of the market cap. This volume suggests moderate trading activity, which may reflect investor interest but does not indicate significant volatility.
The short-term moving averages are revealing a bullish sentiment, with the 8 SMA at $0.8233 showing a gain of 1.58% and the 13 SMA at $0.8192 up by 2.08%. The longer-term moving averages, particularly the 144 SMA at $0.7716, show a more substantial increase of 8.38%, suggesting a potentially strong support level.
The current 1-hour RSI is at 57, indicating that NEXO is nearing overbought territory, while the 7-day RSI at 54 suggests a balanced momentum. This mixed sentiment in RSI readings may indicate a pause in upward momentum, particularly after the 14-day and 30-day price changes of -12.41% and -12.75%, respectively.
Given that the all-time high for NEXO is $4.07, the current price reflects a significant potential for recovery, particularly as it has gained 6.25% over the past week. However, the longer-term declines indicate that caution is warranted before making aggressive investment decisions.
Based on this analysis, the recommendation for NEXO is a Hold. The mixed technical indicators combined with the recent price trends suggest that while there is some potential for short-term gains, significant resistance and long-term downward pressure need to be considered before buying.
Volume over the past 24 hours stands at 12,203,183, representing 1.46% of the market cap. This volume suggests moderate trading activity, which may reflect investor interest but does not indicate significant volatility.
The short-term moving averages are revealing a bullish sentiment, with the 8 SMA at $0.8233 showing a gain of 1.58% and the 13 SMA at $0.8192 up by 2.08%. The longer-term moving averages, particularly the 144 SMA at $0.7716, show a more substantial increase of 8.38%, suggesting a potentially strong support level.
The current 1-hour RSI is at 57, indicating that NEXO is nearing overbought territory, while the 7-day RSI at 54 suggests a balanced momentum. This mixed sentiment in RSI readings may indicate a pause in upward momentum, particularly after the 14-day and 30-day price changes of -12.41% and -12.75%, respectively.
Given that the all-time high for NEXO is $4.07, the current price reflects a significant potential for recovery, particularly as it has gained 6.25% over the past week. However, the longer-term declines indicate that caution is warranted before making aggressive investment decisions.
Based on this analysis, the recommendation for NEXO is a Hold. The mixed technical indicators combined with the recent price trends suggest that while there is some potential for short-term gains, significant resistance and long-term downward pressure need to be considered before buying.
Updated 351 minutes ago.
NEXO Relative Price at Market Cap of:
NEXO TradingView Chart
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