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 $1.51. So the next scenario is able. If price will go up, it will RAISE with support level $1.51 If price will go down it will spend next in CHANNEL near to $1.464 with $1.51 as upper border and $1.434 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 |
|---|---|---|
| $1.5746852159500122 | Weight: 28.957 | 30 May 2021 |
| $1.5670937299728394 | Weight: 22.658 | 22 May 2021 |
| $1.5625640153884888 | Weight: 20.79 | 15 Feb 2021 |
| $1.5586397647857666 | Weight: 12.736 | 23 May 2021 |
| $1.5197513103485107 | Weight: 13.239 | 07 Sep 2021 |
| $1.4010469913482666 | Weight: 8.893 | 05 Feb 2021 |
| $1.398160457611084 | Weight: 13.128 | 24 May 2021 |
| $1.3415093421936035 | Weight: 10.227 | 23 May 2021 |
| $1.3108025789260864 | Weight: 8.997 | 07 Feb 2021 |
| $1.2999277114868164 | Weight: 12.362 | 06 Feb 2021 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 1.51 | Edge price dividing trends based on 24 hours movements |
| 1.434 | Minimum price support level in case of RAISE trend based on 24 hours movements |
| 1.51 | Channel maximum price resist level based in case of FALL trend on 24 hours movements |
| 1.434 | Channel minimum price resist level based in case of FALL trend on 24 hours movements |
Nexo price levels prediction for next 7 days
Next 7 days brief prediction
Price of NEXO will be traded in CHANNEL near to $1.59 with $1.893 as upper border and $1.39 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 |
|---|---|---|
| $2.0825042724609375 | Weight: 22.807 | 07 Aug 2021 |
| $2.0024473667144775 | Weight: 21.881 | 26 May 2021 |
| $1.810110092163086 | Weight: 18.836 | 28 Feb 2021 |
| $1.8053560256958008 | Weight: 22.986 | 20 May 2021 |
| $1.7943781614303589 | Weight: 22.666 | 23 Feb 2021 |
| $1.7702738046646118 | Weight: 18.42 | 07 Jul 2021 |
| $1.6866998672485352 | Weight: 37.483 | 19 May 2021 |
| $1.5746852159500122 | Weight: 28.957 | 30 May 2021 |
| $1.5670937299728394 | Weight: 22.658 | 22 May 2021 |
| $1.5625640153884888 | Weight: 20.79 | 15 Feb 2021 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 1.893 | Channel maximum price resist level based on 7 days movements |
| 1.39 | Channel minimum price resist level 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 $1.72 with $1.9620001 as upper border and $1.432 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 |
|---|---|---|
| $2.2319095134735107 | Weight: 28.176 | 25 Mar 2021 |
| $2.0825042724609375 | Weight: 22.807 | 07 Aug 2021 |
| $2.0024473667144775 | Weight: 21.881 | 26 May 2021 |
| $1.8053560256958008 | Weight: 22.986 | 20 May 2021 |
| $1.7943781614303589 | Weight: 22.666 | 23 Feb 2021 |
| $1.6866998672485352 | Weight: 37.483 | 19 May 2021 |
| $1.5746852159500122 | Weight: 28.957 | 30 May 2021 |
| $1.5670937299728394 | Weight: 22.658 | 22 May 2021 |
| $1.0756396055221558 | Weight: 41.309 | 22 Jun 2021 |
| $1.0521647930145264 | Weight: 80.679 | 23 May 2021 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 1.9620001 | Channel maximum price resist level based on 30 days movements |
| 1.432 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Maker
MKR
|
0.8797473 | details, prediction |
Matic Network
MATIC
|
0.8299835 | details, prediction |
Monero
XMR
|
0.8184205 | details, prediction |
NEO
NEO
|
0.81438595 | details, prediction |
NEM
XEM
|
0.8083731 | details, prediction |
| Second tier | ||
ReddCoin
RDD
|
0.8402018 | details, prediction |
Bitcoin Diamond
BCD
|
0.81820333 | details, prediction |
Bancor
BNT
|
0.8155956 | details, prediction |
Ontology
ONT
|
0.80658925 | details, prediction |
DigiByte
DGB
|
0.79298586 | details, prediction |
| Third tier | ||
Skycoin
SKY
|
0.9368653 | details, prediction |
Enigma
ENG
|
0.86754423 | details, prediction |
SmartMesh
SMT
|
0.853142 | details, prediction |
Global Social Chain
GSC
|
0.8517047 | details, prediction |
CoinMeet
MEE
|
0.8515772 | 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 | ||
Theta Fuel
TFUEL
|
0.08203381 | details, prediction |
Algorand
ALGO
|
0.11094421 | details, prediction |
Fantom
FTM
|
0.18526612 | details, prediction |
Cosmos
ATOM
|
0.3038573 | details, prediction |
Tezos
XTZ
|
0.3362511 | details, prediction |
| Second tier | ||
USD//Coin
USDC
|
-0.56485736 | details, prediction |
Dai
DAI
|
-0.46918717 | details, prediction |
True USD
TUSD
|
-0.44923538 | details, prediction |
Paxos Standard
PAX
|
-0.16078468 | details, prediction |
MaidSafe Coin
MAID
|
0.035024934 | details, prediction |
| Third tier | ||
Dreamscape
DSC
|
-0.5455897 | details, prediction |
Nimiq
NET
|
-0.40851843 | details, prediction |
Gemini Dollar
GUSD
|
-0.4045239 | details, prediction |
Humaniq
HMQ
|
-0.3951382 | details, prediction |
Polybius
PLBT
|
-0.36779273 | 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)