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
0.6870355 details, prediction
0.6844496 details, prediction
0.6001852 details, prediction
0.57857925 details, prediction
0.5652005 details, prediction
Second tier
0.7205109 details, prediction
0.70989573 details, prediction
0.6553288 details, prediction
0.6397888 details, prediction
0.6160026 details, prediction
Third tier
0.7814064 details, prediction
0.77487284 details, prediction
0.7428727 details, prediction
0.7425395 details, prediction
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
-0.124222636 details, prediction
0.026556272 details, prediction
0.04096014 details, prediction
0.070026994 details, prediction
0.15963167 details, prediction
Second tier
-0.32624617 details, prediction
-0.28057858 details, prediction
0.034842584 details, prediction
0.16029902 details, prediction
0.19917254 details, prediction
Third tier
-0.69412553 details, prediction
-0.675039 details, prediction
-0.67257404 details, prediction
-0.62181354 details, prediction
-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)