Nexo price prediction

Our price prediction is based on hi-resolution deal analysis from cryptocurrency exchanges. We are collecting and gather statistics to obtain price support levels that show most important zones witch traders want to buy or sell stocks. These buy/sell histograms showed in report combined with current trend analysis can be used to build high probability forecasting of future price trends. It also can be useful to set a price on calculated levels to be sure maximum profit was received.

Disclaimer
Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. All trading strategies are used at your own risk. This page performs statistical analysis of past data and can be used for assumptions about the future only taking into account the statistical probability

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Nexo price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of NEXO is now on EDGE at $0.8856. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.9 with $0.90449995 as upper border and $0.8856 as bottom. If price will go down, it will FALL with support level $0.8856

Historic price levels for next 24 hours

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$0.9085133075714111 Weight: 36.169 25 Oct 2022
$0.9084916710853577 Weight: 36.51 25 Oct 2022
$0.8895043134689331 Weight: 36.28 23 Oct 2022
$0.8883144855499268 Weight: 35.841 23 Oct 2022

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.8856 Edge price dividing trends based on 24 hours movements
0.90449995 Channel maximum price resist level based in case of RAISE trend on 24 hours movements
0.8856 Channel minimum price resist level based in case of RAISE trend on 24 hours movements
0.8856 Minimum price support level in case of FALL trend based on 24 hours movements

Nexo price levels prediction for next 7 days

Next 7 days brief prediction

Price of NEXO is now on EDGE at $0.8864. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.8992 with $0.916 as upper border and $0.8864 as bottom. If price will go down, it will FALL with support level $0.8864

Historic price levels for next 7 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$0.9085133075714111 Weight: 36.169 25 Oct 2022
$0.9084916710853577 Weight: 36.51 25 Oct 2022
$0.8895043134689331 Weight: 36.28 23 Oct 2022
$0.8883144855499268 Weight: 35.841 23 Oct 2022
$0.8681739568710327 Weight: 34.872 21 Oct 2022
$0.8640580773353577 Weight: 34.87 21 Oct 2022
$0.8417056798934937 Weight: 37.013 21 Oct 2022
$0.8395999670028687 Weight: 36.066 20 Oct 2022

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.8864 Edge price dividing trends based on 7 days movements
0.916 Channel maximum price resist level based in case of RAISE trend on 7 days movements
0.8864 Channel minimum price resist level based in case of RAISE trend on 7 days movements
0.8864 Minimum price support level in case of FALL trend based on 7 days movements

Nexo price levels prediction for next 30 days

Next 30 days brief prediction

Price of NEXO will be traded in CHANNEL near to $0.89000005 with $0.9150001 as upper border and $0.85200006 as bottom.

Historic price levels for next 30 days

These levels are based on local historic minimums and maximums. Weight shows the power of broken trends.
Price Weight(level power) Date of formation
$1.0756396055221558 Weight: 37.124 22 Jun 2021
$1.0521647930145264 Weight: 80.719 23 May 2021
$1.0419354438781738 Weight: 41.405 12 May 2022
$0.9085133075714111 Weight: 36.169 25 Oct 2022
$0.9084916710853577 Weight: 36.51 25 Oct 2022
$0.8895043134689331 Weight: 36.28 23 Oct 2022
$0.8883144855499268 Weight: 35.841 23 Oct 2022
$0.8417056798934937 Weight: 37.013 21 Oct 2022
$0.8395999670028687 Weight: 36.066 20 Oct 2022
$0.7822704911231995 Weight: 37.296 24 Jan 2023

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.9150001 Channel maximum price resist level based on 30 days movements
0.85200006 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.5841905 details, prediction
0.5729127 details, prediction
0.557663 details, prediction
0.48020184 details, prediction
0.47303626 details, prediction
Second tier
0.71922123 details, prediction
0.6655079 details, prediction
0.62526 details, prediction
0.58783334 details, prediction
0.58743775 details, prediction
Third tier
0.8611581 details, prediction
0.75570786 details, prediction
0.75414056 details, prediction
0.7511064 details, prediction
0.6969391 details, prediction


This report should be leaned to get most info about heading trends. It means that Nexo price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.

It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies - Bitcoin, Ethereum and Ripple, so the prediction of their prices will affect the price of Nexo
Low correlated currencies
Coin Correlation Links
First tier
-0.20638609 details, prediction
-0.021011291 details, prediction
0.2441853 details, prediction
0.2515054 details, prediction
0.2788543 details, prediction
Second tier
-0.45969224 details, prediction
-0.30588192 details, prediction
0.028032059 details, prediction
0.11776601 details, prediction
0.24845766 details, prediction
Third tier
-0.49211434 details, prediction
-0.2514906 details, prediction
-0.08356481 details, prediction
-0.038602658 details, prediction
0.08894375 details, prediction


This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)