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 $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
0.8774084 details, prediction
0.86384046 details, prediction
0.7849445 details, prediction
0.780605 details, prediction
0.77366126 details, prediction
Second tier
0.8569245 details, prediction
0.84117085 details, prediction
0.8353596 details, prediction
0.8219523 details, prediction
0.8086721 details, prediction
Third tier
0.86492985 details, prediction
0.859745 details, prediction
0.84899765 details, prediction
0.84616536 details, prediction
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
-0.14653136 details, prediction
0.16680582 details, prediction
0.29840094 details, prediction
0.38597533 details, prediction
0.4306913 details, prediction
Second tier
-0.7974726 details, prediction
-0.78385603 details, prediction
-0.77339506 details, prediction
-0.57658243 details, prediction
-0.27256852 details, prediction
Third tier
-0.7154621 details, prediction
-0.63103426 details, prediction
-0.605059 details, prediction
-0.5997317 details, prediction
-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)