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 $1.372 with $1.397 as upper border and $1.325 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 |
|---|---|---|
| $1.4887293577194214 | Weight: 5.354 | 17 May 2022 |
| $1.4822686910629272 | Weight: 11.864 | 13 May 2022 |
| $1.4010469913482666 | Weight: 8.893 | 05 Feb 2021 |
| $1.398160457611084 | Weight: 13.128 | 24 May 2021 |
| $1.3918883800506592 | Weight: 8.001 | 12 May 2022 |
| $1.3415093421936035 | Weight: 10.227 | 23 May 2021 |
| $1.3310422897338867 | Weight: 5.292 | 24 May 2021 |
| $1.3145911693572998 | Weight: 6.021 | 24 Sep 2021 |
| $1.3114122152328491 | Weight: 5.809 | 04 Feb 2021 |
| $1.3108025789260864 | Weight: 8.997 | 07 Feb 2021 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 1.397 | Channel maximum price resist level based on 24 hours movements |
| 1.325 | 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 $1.3900001 with $1.44 as upper border and $1.342 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 |
|---|---|---|
| $2.808929443359375 | Weight: 49.183 | 26 May 2021 |
| $2.6522843837738037 | Weight: 34.048 | 21 May 2021 |
| $2.6271159648895264 | Weight: 35.13 | 20 Feb 2021 |
| $2.075929880142212 | Weight: 33.568 | 28 Apr 2022 |
| $1.6866998672485352 | Weight: 37.483 | 19 May 2021 |
| $1.647161841392517 | Weight: 52.727 | 24 Jan 2022 |
| $1.270847201347351 | Weight: 60.503 | 22 Sep 2021 |
| $1.0756396055221558 | Weight: 39.655 | 22 Jun 2021 |
| $1.0521647930145264 | Weight: 84.459 | 23 May 2021 |
| $1.0419354438781738 | Weight: 34.935 | 12 May 2022 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 1.44 | Channel maximum price resist level based on 7 days movements |
| 1.342 | 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 $2.075 with $2.447 as upper border and $1.281 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 |
|---|---|---|
| $3.2688283920288086 | Weight: 47.049 | 29 Apr 2022 |
| $2.808929443359375 | Weight: 49.183 | 26 May 2021 |
| $2.6522843837738037 | Weight: 34.048 | 21 May 2021 |
| $2.6271159648895264 | Weight: 35.13 | 20 Feb 2021 |
| $1.6866998672485352 | Weight: 37.483 | 19 May 2021 |
| $1.647161841392517 | Weight: 52.727 | 24 Jan 2022 |
| $1.270847201347351 | Weight: 60.503 | 22 Sep 2021 |
| $1.0756396055221558 | Weight: 39.655 | 22 Jun 2021 |
| $1.0521647930145264 | Weight: 84.459 | 23 May 2021 |
| $1.0419354438781738 | Weight: 34.935 | 12 May 2022 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 2.447 | Channel maximum price resist level based on 30 days movements |
| 1.281 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Binance Coin
BNB
|
0.8774084 | details, prediction |
Ethereum
ETH
|
0.86384046 | details, prediction |
EOS
EOS
|
0.7849445 | details, prediction |
Bitcoin Cash
BCH
|
0.780605 | details, prediction |
Vechain
VET
|
0.77366126 | details, prediction |
| Second tier | ||
Ardor
ARDR
|
0.8569245 | details, prediction |
Civic
CVC
|
0.84117085 | details, prediction |
Status
SNT
|
0.8353596 | details, prediction |
Chiliz
CHZ
|
0.8219523 | details, prediction |
Synthetix Network Token
SNX
|
0.8086721 | details, prediction |
| Third tier | ||
Mainframe
MFT
|
0.86492985 | details, prediction |
SelfKey
KEY
|
0.859745 | details, prediction |
Haven Protocol
XHV
|
0.84899765 | details, prediction |
Refereum
RFR
|
0.84616536 | details, prediction |
0chain
ZCN
|
0.8286579 | 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 | ||
TRON
TRX
|
-0.14653136 | details, prediction |
Fantom
FTM
|
0.16680582 | details, prediction |
Decentraland
MANA
|
0.29840094 | details, prediction |
UNUS SED LEO
LEO
|
0.38597533 | details, prediction |
Cosmos
ATOM
|
0.4306913 | details, prediction |
| Second tier | ||
USD//Coin
USDC
|
-0.7974726 | details, prediction |
Dai
DAI
|
-0.78385603 | details, prediction |
True USD
TUSD
|
-0.77339506 | details, prediction |
Paxos Standard
PAX
|
-0.57658243 | details, prediction |
EthLend
LEND
|
-0.27256852 | details, prediction |
| Third tier | ||
Crypviser
CVCOIN
|
-0.7154621 | details, prediction |
B2B
B2B
|
-0.63103426 | details, prediction |
ILCoin
ILC
|
-0.605059 | details, prediction |
Gemini Dollar
GUSD
|
-0.5997317 | details, prediction |
ShortyCoin
SHORTY
|
-0.578263 | 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)