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 $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 $2.6583Historic 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 | ||
FTX Token
FTT
|
0.96776974 | details, prediction |
Cardano
ADA
|
0.96634394 | details, prediction |
Huobi Token
HT
|
0.947323 | details, prediction |
Republic protocol
REN
|
0.9439191 | details, prediction |
0x
ZRX
|
0.93982476 | details, prediction |
| Second tier | ||
Siacoin
SC
|
0.9513113 | details, prediction |
Bancor
BNT
|
0.9506884 | details, prediction |
Telcoin
TEL
|
0.9497962 | details, prediction |
Matic Network
MATIC
|
0.9447687 | details, prediction |
Ethos (Bitquence)
BQX
|
0.9413795 | details, prediction |
| Third tier | ||
Xriba
XRA
|
0.9707794 | details, prediction |
Request Network
REQ
|
0.96850115 | details, prediction |
Metal
MTL
|
0.96068144 | details, prediction |
Crypto20
C20
|
0.9592531 | details, prediction |
NavCoin
NAV
|
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 | ||
XRP
XRP
|
0.17859511 | details, prediction |
Bitcoin SV
BSV
|
0.60019255 | details, prediction |
Crypto.com Chain
CRO
|
0.7360099 | details, prediction |
OmiseGo
OMG
|
0.7907668 | details, prediction |
Decred
DCR
|
0.7929094 | details, prediction |
| Second tier | ||
GlitzKoin
GTN
|
-0.5290729 | details, prediction |
DxChain
DX
|
-0.4941347 | details, prediction |
Dai
DAI
|
-0.120000355 | details, prediction |
True USD
TUSD
|
-0.01959927 | details, prediction |
USD//Coin
USDC
|
0.0017072306 | details, prediction |
| Third tier | ||
Waves Community Token
WCT
|
-0.740179 | details, prediction |
Change
CAG
|
-0.705061 | details, prediction |
CryptoPay
CPAY
|
-0.6815576 | details, prediction |
Kleros
PNK
|
-0.63214624 | details, prediction |
Bitbook Gambling
BXK
|
-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)