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

Read more detailed info about this tool

Nexo price levels prediction for next 24 hours

Next 24 hours brief prediction

Price of NEXO will be traded in CHANNEL near to $2.2350001 with $2.3230002 as upper border and $2.114 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
$2.3809814453125 Weight: 28.528 24 Feb 2021
$2.3567655086517334 Weight: 13.62 21 Feb 2021
$2.3118021488189697 Weight: 13.204 20 Feb 2021
$2.2532293796539307 Weight: 18.537 20 Feb 2021
$2.2383511066436768 Weight: 16.739 01 Mar 2021
$2.2200839519500732 Weight: 17.65 25 Feb 2021
$2.1482110023498535 Weight: 14.685 23 Feb 2021
$2.097102403640747 Weight: 14.713 23 Feb 2021
$2.0706899166107178 Weight: 12.781 03 Mar 2021
$2.0137898921966553 Weight: 25.055 22 Feb 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
2.3230002 Channel maximum price resist level based on 24 hours movements
2.114 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 will be traded in CHANNEL near to $2.012 with $2.263 as upper border and $1.6910001 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
$2.6271159648895264 Weight: 47.497 20 Feb 2021
$2.473334550857544 Weight: 26.061 23 Feb 2021
$2.3809814453125 Weight: 28.528 24 Feb 2021
$2.0137898921966553 Weight: 25.055 22 Feb 2021
$1.9499305486679077 Weight: 25.15 19 Feb 2021
$1.8166831731796265 Weight: 27.14 26 Feb 2021
$1.7943781614303589 Weight: 36.787 23 Feb 2021
$1.774175763130188 Weight: 19.587 09 Feb 2021
$1.7457386255264282 Weight: 31.442 05 Feb 2021
$1.5625640153884888 Weight: 37.362 15 Feb 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
2.263 Channel maximum price resist level based on 7 days movements
1.6910001 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 has broken last trend and will FALL from the support level $2.6583

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
$2.6271159648895264 Weight: 47.497 20 Feb 2021
$2.473334550857544 Weight: 26.061 23 Feb 2021
$2.3809814453125 Weight: 28.528 24 Feb 2021
$2.2532293796539307 Weight: 18.537 20 Feb 2021
$2.2200839519500732 Weight: 17.65 25 Feb 2021
$2.0137898921966553 Weight: 25.055 22 Feb 2021
$1.9499305486679077 Weight: 25.15 19 Feb 2021
$1.864279866218567 Weight: 17.201 23 Feb 2021
$1.8166831731796265 Weight: 27.14 26 Feb 2021
$1.7943781614303589 Weight: 36.787 23 Feb 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
2.6583 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.96776974 details, prediction
0.96634394 details, prediction
0.947323 details, prediction
0.9439191 details, prediction
0.93982476 details, prediction
Second tier
0.9513113 details, prediction
0.9506884 details, prediction
0.9497962 details, prediction
0.9447687 details, prediction
0.9413795 details, prediction
Third tier
0.9707794 details, prediction
0.96850115 details, prediction
0.96068144 details, prediction
0.9592531 details, prediction
0.95456994 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
0.17859511 details, prediction
0.60019255 details, prediction
0.7360099 details, prediction
0.7907668 details, prediction
0.7929094 details, prediction
Second tier
-0.5290729 details, prediction
-0.4941347 details, prediction
-0.120000355 details, prediction
-0.01959927 details, prediction
0.0017072306 details, prediction
Third tier
-0.740179 details, prediction
-0.705061 details, prediction
-0.6815576 details, prediction
-0.63214624 details, prediction
-0.60821146 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)