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 $0.893 with $0.9137 as upper border and $0.8678 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 |
|---|
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.9137 | Channel maximum price resist level based on 24 hours movements |
| 0.8678 | 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 $0.87329996. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.91559994 with $0.9525 as upper border and $0.87329996 as bottom. If price will go down, it will FALL with support level $0.87329996Historic 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 |
|---|---|---|
| $0.8277441263198853 | Weight: 7.785 | 07 Sep 2022 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.87329996 | Edge price dividing trends based on 7 days movements |
| 0.9525 | Channel maximum price resist level based in case of RAISE trend on 7 days movements |
| 0.87329996 | Channel minimum price resist level based in case of RAISE trend on 7 days movements |
| 0.87329996 | 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 $0.845 with $1.0200001 as upper border and $0.587 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 |
|---|---|---|
| $1.1579636335372925 | Weight: 10.807 | 31 Aug 2022 |
| $1.0756396055221558 | Weight: 39.655 | 22 Jun 2021 |
| $1.0521647930145264 | Weight: 84.783 | 23 May 2021 |
| $1.0480022430419922 | Weight: 15.045 | 26 Jun 2021 |
| $1.0419354438781738 | Weight: 58.327 | 12 May 2022 |
| $0.7491564154624939 | Weight: 16.367 | 19 Dec 2020 |
| $0.7232720255851746 | Weight: 13.754 | 15 Jan 2021 |
| $0.5763393640518188 | Weight: 10.83 | 14 Jan 2021 |
| $0.561368465423584 | Weight: 23.131 | 18 Jun 2022 |
| $0.4910835027694702 | Weight: 8.431 | 14 Jan 2021 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 1.0200001 | Channel maximum price resist level based on 30 days movements |
| 0.587 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Chiliz
CHZ
|
0.8990417 | details, prediction |
EOS
EOS
|
0.8559047 | details, prediction |
Ethereum Classic
ETC
|
0.7725548 | details, prediction |
Cosmos
ATOM
|
0.77063406 | details, prediction |
Binance Coin
BNB
|
0.70747346 | details, prediction |
| Second tier | ||
Kyber Network
KNC
|
0.7689605 | details, prediction |
iEx.ec
RLC
|
0.7501238 | details, prediction |
SONM
SNM
|
0.719781 | details, prediction |
Synthetix Network Token
SNX
|
0.69432896 | details, prediction |
Gnosis
GNO
|
0.6843841 | details, prediction |
| Third tier | ||
Odyssey
OCN
|
0.87742686 | details, prediction |
Aion
AION
|
0.85056424 | details, prediction |
Callisto Network
CLO
|
0.8414459 | details, prediction |
WaykiChain
WICC
|
0.8376397 | details, prediction |
SpaceChain
SPC
|
0.81033695 | 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 | ||
UNUS SED LEO
LEO
|
-0.45258233 | details, prediction |
Maker
MKR
|
-0.4024961 | details, prediction |
TRON
TRX
|
-0.23557508 | details, prediction |
Decentraland
MANA
|
-0.20732425 | details, prediction |
Bitcoin SV
BSV
|
-0.1524287 | details, prediction |
| Second tier | ||
SwissBorg
CHSB
|
-0.64719653 | details, prediction |
Propy
PRO
|
-0.57754976 | details, prediction |
Storj
STORJ
|
-0.44234136 | details, prediction |
aelf
ELF
|
-0.41303176 | details, prediction |
Basic Attention Token
BAT
|
-0.32532242 | details, prediction |
| Third tier | ||
Tidex Token
TDX
|
-0.8853271 | details, prediction |
Moeda
MDA
|
-0.88112634 | details, prediction |
Bread
BRD
|
-0.87892306 | details, prediction |
CryptoPay
CPAY
|
-0.8670432 | details, prediction |
Tycoon Global
TCT
|
-0.8483012 | 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)