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 $0.796

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
$0.8681739568710327 Weight: 34.428 21 Oct 2022
$0.8640580773353577 Weight: 34.426 21 Oct 2022
$0.8417056798934937 Weight: 36.542 21 Oct 2022
$0.8395999670028687 Weight: 35.607 20 Oct 2022

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.796 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 $0.83599997

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
$0.9085133075714111 Weight: 35.709 25 Oct 2022
$0.9084916710853577 Weight: 36.045 25 Oct 2022
$0.8895043134689331 Weight: 35.819 23 Oct 2022
$0.8883144855499268 Weight: 35.385 23 Oct 2022
$0.8681739568710327 Weight: 34.428 21 Oct 2022
$0.8640580773353577 Weight: 34.426 21 Oct 2022
$0.8417056798934937 Weight: 36.542 21 Oct 2022
$0.8395999670028687 Weight: 35.607 20 Oct 2022
$0.7822704911231995 Weight: 36.913 24 Jan 2023
$0.7491564154624939 Weight: 15.25 19 Dec 2020

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.83599997 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 $0.8272

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
$0.9085133075714111 Weight: 35.709 25 Oct 2022
$0.9084916710853577 Weight: 36.045 25 Oct 2022
$0.8895043134689331 Weight: 35.819 23 Oct 2022
$0.8883144855499268 Weight: 35.385 23 Oct 2022
$0.8681739568710327 Weight: 34.428 21 Oct 2022
$0.8640580773353577 Weight: 34.426 21 Oct 2022
$0.8417056798934937 Weight: 36.542 21 Oct 2022
$0.8395999670028687 Weight: 35.607 20 Oct 2022
$0.7822704911231995 Weight: 36.913 24 Jan 2023
$0.7491564154624939 Weight: 15.25 19 Dec 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.8272 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8926058 details, prediction
0.85028595 details, prediction
0.8071696 details, prediction
0.76638186 details, prediction
0.764977 details, prediction
Second tier
0.8903308 details, prediction
0.8795359 details, prediction
0.87461495 details, prediction
0.8480186 details, prediction
0.8364765 details, prediction
Third tier
0.88584983 details, prediction
0.8808492 details, prediction
0.8408985 details, prediction
0.81619114 details, prediction
0.81520224 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
0.28047058 details, prediction
0.42528257 details, prediction
0.55898637 details, prediction
0.56333923 details, prediction
0.5793751 details, prediction
Second tier
-0.387773 details, prediction
-0.1185852 details, prediction
-0.043223362 details, prediction
0.13857372 details, prediction
0.18543588 details, prediction
Third tier
-0.6964029 details, prediction
-0.38661873 details, prediction
-0.08305606 details, prediction
-0.06713261 details, prediction
-0.05655743 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)