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
0.8797473 details, prediction
0.8299835 details, prediction
0.8184205 details, prediction
0.81438595 details, prediction
0.8083731 details, prediction
Second tier
0.8402018 details, prediction
0.81820333 details, prediction
0.8155956 details, prediction
0.80658925 details, prediction
0.79298586 details, prediction
Third tier
0.9368653 details, prediction
0.86754423 details, prediction
0.853142 details, prediction
0.8517047 details, prediction
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
0.08203381 details, prediction
0.11094421 details, prediction
0.18526612 details, prediction
0.3038573 details, prediction
0.3362511 details, prediction
Second tier
-0.56485736 details, prediction
-0.46918717 details, prediction
-0.44923538 details, prediction
-0.16078468 details, prediction
0.035024934 details, prediction
Third tier
-0.5455897 details, prediction
-0.40851843 details, prediction
-0.4045239 details, prediction
-0.3951382 details, prediction
-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)