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 has broken last trend and will RAISE from the support level $0.2546

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
$0.26246193051338196 Weight: 41.991 11 May 2018
$0.2608353793621063 Weight: 15.058 16 May 2018
$0.23741741478443146 Weight: 55.736 08 Oct 2019
$0.23217391967773438 Weight: 24.31 05 Jun 2018
$0.23134003579616547 Weight: 33.227 04 Jul 2020
$0.23102961480617523 Weight: 25.71 01 Aug 2020
$0.22840917110443115 Weight: 12.994 02 Jul 2020
$0.22518587112426758 Weight: 17.444 27 May 2018
$0.2248857021331787 Weight: 38.147 12 Feb 2020
$0.2141604870557785 Weight: 20.778 15 May 2018

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.2546 Minimal price support level based on 24 hours movements

Nexo price levels prediction for next 7 days

Next 7 days brief prediction

Price of NEXO has broken last trend and will RAISE from the support level $0.24960001

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
$0.26246193051338196 Weight: 41.991 11 May 2018
$0.23741741478443146 Weight: 55.736 08 Oct 2019
$0.23217391967773438 Weight: 24.31 05 Jun 2018
$0.23134003579616547 Weight: 33.227 04 Jul 2020
$0.23102961480617523 Weight: 25.71 01 Aug 2020
$0.2248857021331787 Weight: 38.147 12 Feb 2020
$0.2089952975511551 Weight: 42.329 28 Oct 2018
$0.20816926658153534 Weight: 32.576 04 May 2020
$0.17051611840724945 Weight: 35.962 04 Aug 2019
$0.1701257824897766 Weight: 25.515 28 Aug 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.24960001 Minimal price support level based on 7 days movements

Nexo price levels prediction for next 30 days

Next 30 days brief prediction

Price of NEXO has broken last trend and will RAISE from the support level $0.2334

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
$0.2779325544834137 Weight: 45.401 04 Apr 2020
$0.26246193051338196 Weight: 41.991 11 May 2018
$0.23741741478443146 Weight: 55.736 08 Oct 2019
$0.2089952975511551 Weight: 42.329 28 Oct 2018
$0.15441687405109406 Weight: 65.03 23 May 2018
$0.10973970592021942 Weight: 45.075 04 Apr 2020
$0.08532961457967758 Weight: 39.889 12 Oct 2019
$0.08179447799921036 Weight: 51.559 18 Mar 2020
$0.07313285022974014 Weight: 41.458 19 Aug 2020
$0.07301505655050278 Weight: 41.536 23 May 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.2334 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.38881332 details, prediction
0.34032917 details, prediction
0.33198407 details, prediction
0.29699734 details, prediction
0.24267708 details, prediction
Second tier
0.6785817 details, prediction
0.5184935 details, prediction
0.49781114 details, prediction
0.4804326 details, prediction
0.46925408 details, prediction
Third tier
0.93669033 details, prediction
0.84559625 details, prediction
0.804407 details, prediction
0.80019164 details, prediction
0.7939449 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
-0.5488365 details, prediction
-0.54067445 details, prediction
-0.4969247 details, prediction
-0.48168862 details, prediction
-0.46789208 details, prediction
Second tier
-0.7098634 details, prediction
-0.6238726 details, prediction
-0.5554187 details, prediction
-0.54249144 details, prediction
-0.52520865 details, prediction
Third tier
-0.7010849 details, prediction
-0.63973147 details, prediction
-0.63117963 details, prediction
-0.62591 details, prediction
-0.6227003 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)