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 will be traded in CHANNEL near to $0.09937 with $0.10099 as upper border and $0.09622 as bottom.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 |
|---|---|---|
| $0.11532837897539139 | Weight: 11.839 | 24 Jun 2018 |
| $0.11491260677576065 | Weight: 23.505 | 16 Sep 2019 |
| $0.11154717206954956 | Weight: 15.039 | 29 Jul 2018 |
| $0.10469337552785873 | Weight: 18.526 | 16 Sep 2019 |
| $0.099251888692379 | Weight: 20.858 | 04 Aug 2019 |
| $0.09796281158924103 | Weight: 14.657 | 13 Jun 2018 |
| $0.09769318252801895 | Weight: 12.903 | 26 Jun 2018 |
| $0.09394519776105881 | Weight: 22.428 | 04 Aug 2019 |
| $0.0932428389787674 | Weight: 42.265 | 08 Oct 2019 |
| $0.09282896667718887 | Weight: 13.11 | 25 Jun 2018 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.10099 | Channel maximum price resist level based on 24 hours movements |
| 0.09622 | Channel minimum price resist level 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 $0.09984. So the next scenario is able. If price will go up, it will RAISE with support level $0.09984 If price will go down it will spend next in CHANNEL near to $0.095790006 with $0.09984 as upper border and $0.0894 as bottom.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 |
|---|---|---|
| $0.23741741478443146 | Weight: 40.197 | 08 Oct 2019 |
| $0.23217391967773438 | Weight: 29.906 | 05 Jun 2018 |
| $0.2089952975511551 | Weight: 44.863 | 28 Oct 2018 |
| $0.18499191105365753 | Weight: 55.599 | 18 May 2018 |
| $0.17051611840724945 | Weight: 39.35 | 04 Aug 2019 |
| $0.15441687405109406 | Weight: 31.221 | 23 May 2018 |
| $0.15206854045391083 | Weight: 26.006 | 04 Dec 2018 |
| $0.0932428389787674 | Weight: 42.265 | 08 Oct 2019 |
| $0.08253846317529678 | Weight: 23.63 | 06 Aug 2019 |
| $0.07254616171121597 | Weight: 100 | 23 Jun 2018 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.09984 | Edge price dividing trends based on 7 days movements |
| 0.0894 | Minimum price support level in case of RAISE trend based on 7 days movements |
| 0.09984 | Channel maximum price resist level based in case of FALL trend on 7 days movements |
| 0.0894 | Channel minimum price resist level based in case of FALL trend on 7 days movements |
Nexo price levels prediction for next 30 days
Next 30 days brief prediction
Price of NEXO is now on EDGE at $0.0986. So the next scenario is able. If price will go up, it will RAISE with support level $0.0986 If price will go down it will spend next in CHANNEL near to $0.089 with $0.0986 as upper border and $0.082 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 |
|---|---|---|
| $0.23741741478443146 | Weight: 40.197 | 08 Oct 2019 |
| $0.2089952975511551 | Weight: 44.863 | 28 Oct 2018 |
| $0.18499191105365753 | Weight: 55.599 | 18 May 2018 |
| $0.17051611840724945 | Weight: 39.35 | 04 Aug 2019 |
| $0.15441687405109406 | Weight: 31.221 | 23 May 2018 |
| $0.0932428389787674 | Weight: 42.265 | 08 Oct 2019 |
| $0.07254616171121597 | Weight: 100 | 23 Jun 2018 |
| $0.05002715066075325 | Weight: 42.793 | 01 Feb 2019 |
| $0.04791029915213585 | Weight: 37.016 | 26 Sep 2018 |
| $0.015230394899845123 | Weight: 62.041 | 08 Sep 2019 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.0986 | Edge price dividing trends based on 30 days movements |
| 0.082 | Minimum price support level in case of RAISE trend based on 30 days movements |
| 0.0986 | Channel maximum price resist level based in case of FALL trend on 30 days movements |
| 0.082 | Channel minimum price resist level based in case of FALL trend on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
IOTA
IOT
|
0.6870355 | details, prediction |
XRP
XRP
|
0.6844496 | details, prediction |
Ethereum
ETH
|
0.6001852 | details, prediction |
Stellar
XLM
|
0.57857925 | details, prediction |
EOS
EOS
|
0.5652005 | details, prediction |
| Second tier | ||
Cosmos
ATOM
|
0.7205109 | details, prediction |
Basic Attention Token
BAT
|
0.70989573 | details, prediction |
Maker
MKR
|
0.6553288 | details, prediction |
aelf
ELF
|
0.6397888 | details, prediction |
Loopring
LRC
|
0.6160026 | details, prediction |
| Third tier | ||
Cofound.it
CFI
|
0.7814064 | details, prediction |
Dreamscape
DSC
|
0.77487284 | details, prediction |
InsurePal
IPL
|
0.7428727 | details, prediction |
SophiaTX
SPHTX
|
0.7425395 | details, prediction |
Cajutel
CAJ
|
0.7392801 | 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 | ||
Ethereum Classic
ETC
|
-0.124222636 | details, prediction |
Tezos
XTZ
|
0.026556272 | details, prediction |
Bitcoin
BTC
|
0.04096014 | details, prediction |
Huobi Token
HT
|
0.070026994 | details, prediction |
Monero
XMR
|
0.15963167 | details, prediction |
| Second tier | ||
EDUCare
EKT
|
-0.32624617 | details, prediction |
MaidSafe Coin
MAID
|
-0.28057858 | details, prediction |
KuCoin Shares
KCS
|
0.034842584 | details, prediction |
Theta
THETA
|
0.16029902 | details, prediction |
Dai
DAI
|
0.19917254 | details, prediction |
| Third tier | ||
Bitbook Gambling
BXK
|
-0.69412553 | details, prediction |
CoinPoker
CHP
|
-0.675039 | details, prediction |
Digix Gold Token
DGX
|
-0.67257404 | details, prediction |
Winchain
WIN
|
-0.62181354 | details, prediction |
Vitae
VITAE
|
-0.6090593 | 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)