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 $0.12099999 with $0.12719999 as upper border and $0.10949999 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 |
|---|---|---|
| $0.15441687405109406 | Weight: 65.6 | 23 May 2018 |
| $0.1455308496952057 | Weight: 16.107 | 17 Jun 2018 |
| $0.14397183060646057 | Weight: 16.427 | 25 Jun 2018 |
| $0.14086633920669556 | Weight: 22.272 | 19 Feb 2020 |
| $0.13826212286949158 | Weight: 15.898 | 03 Jul 2018 |
| $0.13396167755126953 | Weight: 20.017 | 26 Sep 2019 |
| $0.11491260677576065 | Weight: 22.706 | 16 Sep 2019 |
| $0.1095455214381218 | Weight: 27.809 | 05 May 2020 |
| $0.10889782756567001 | Weight: 47.869 | 04 Apr 2020 |
| $0.10856099426746368 | Weight: 28.168 | 04 May 2020 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.12719999 | Channel maximum price resist level based on 24 hours movements |
| 0.10949999 | 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 $0.11956 with $0.12802 as upper border and $0.10399 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 |
|---|---|---|
| $0.15441687405109406 | Weight: 65.6 | 23 May 2018 |
| $0.10889782756567001 | Weight: 47.869 | 04 Apr 2020 |
| $0.10856099426746368 | Weight: 28.168 | 04 May 2020 |
| $0.09941382706165314 | Weight: 29.495 | 24 Jan 2020 |
| $0.09796281158924103 | Weight: 31.693 | 13 Jun 2018 |
| $0.09073101729154587 | Weight: 41.175 | 08 Oct 2019 |
| $0.08532961457967758 | Weight: 42.163 | 12 Oct 2019 |
| $0.08451917767524719 | Weight: 28.556 | 17 Oct 2018 |
| $0.08179447799921036 | Weight: 53.76 | 18 Mar 2020 |
| $0.08039771765470505 | Weight: 33.619 | 02 May 2020 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.12802 | Channel maximum price resist level based on 7 days movements |
| 0.10399 | 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 is now on EDGE at $0.1243. So the next scenario is able. If price will go up, it will RAISE with support level $0.1243 If price will go down it will spend next in CHANNEL near to $0.089 with $0.1243 as upper border and $0.07170001 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 |
|---|---|---|
| $0.23741741478443146 | Weight: 46.699 | 08 Oct 2019 |
| $0.2248857021331787 | Weight: 40.321 | 12 Feb 2020 |
| $0.2089952975511551 | Weight: 47.255 | 28 Oct 2018 |
| $0.17051611840724945 | Weight: 38.012 | 04 Aug 2019 |
| $0.15441687405109406 | Weight: 65.6 | 23 May 2018 |
| $0.10889782756567001 | Weight: 47.869 | 04 Apr 2020 |
| $0.09073101729154587 | Weight: 41.175 | 08 Oct 2019 |
| $0.08532961457967758 | Weight: 42.163 | 12 Oct 2019 |
| $0.08179447799921036 | Weight: 53.76 | 18 Mar 2020 |
| $0.08039771765470505 | Weight: 33.619 | 02 May 2020 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.1243 | Edge price dividing trends based on 30 days movements |
| 0.07170001 | Minimum price support level in case of RAISE trend based on 30 days movements |
| 0.1243 | Channel maximum price resist level based in case of FALL trend on 30 days movements |
| 0.07170001 | Channel minimum price resist level based in case of FALL trend on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Litecoin
LTC
|
0.80116135 | details, prediction |
EOS
EOS
|
0.7914237 | details, prediction |
Bitcoin Cash
BCH
|
0.7882972 | details, prediction |
Ethereum Classic
ETC
|
0.7075822 | details, prediction |
XRP
XRP
|
0.6581481 | details, prediction |
| Second tier | ||
Horizen
ZEN
|
0.95717514 | details, prediction |
V Systems
VSYS
|
0.94444716 | details, prediction |
Aeternity
AE
|
0.9416514 | details, prediction |
ByteCoin
BCN
|
0.9388838 | details, prediction |
NEM
XEM
|
0.9308212 | details, prediction |
| Third tier | ||
Ambrosus
AMB
|
0.9633034 | details, prediction |
POA Network
POA
|
0.96282196 | details, prediction |
X-Cash
XCASH
|
0.96177685 | details, prediction |
Tripio
TRIO
|
0.9613128 | details, prediction |
SONM
SNM
|
0.9611314 | 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 | ||
Stellar
XLM
|
0.1302984 | details, prediction |
Cardano
ADA
|
0.34305105 | details, prediction |
Bitcoin
BTC
|
0.34780425 | details, prediction |
ChainLink
LINK
|
0.43791392 | details, prediction |
Tezos
XTZ
|
0.46651244 | details, prediction |
| Second tier | ||
UNUS SED LEO
LEO
|
-0.38185892 | details, prediction |
DigiByte
DGB
|
-0.28187418 | details, prediction |
Status
SNT
|
-0.22091916 | details, prediction |
Enjin Coin
ENJ
|
-0.0708126 | details, prediction |
Theta
THETA
|
0.09106493 | details, prediction |
| Third tier | ||
Streamr DATAcoin
DATA
|
-0.60974044 | details, prediction |
CyberVein
CVT
|
-0.5947122 | details, prediction |
Numerai
NMR
|
-0.5674189 | details, prediction |
Phore
PHR
|
-0.5367984 | details, prediction |
Curecoin
CURE
|
-0.51909035 | 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)