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
0.80116135 details, prediction
0.7914237 details, prediction
0.7882972 details, prediction
0.7075822 details, prediction
0.6581481 details, prediction
Second tier
0.95717514 details, prediction
0.94444716 details, prediction
0.9416514 details, prediction
0.9388838 details, prediction
0.9308212 details, prediction
Third tier
0.9633034 details, prediction
0.96282196 details, prediction
0.96177685 details, prediction
0.9613128 details, prediction
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
0.1302984 details, prediction
0.34305105 details, prediction
0.34780425 details, prediction
0.43791392 details, prediction
0.46651244 details, prediction
Second tier
-0.38185892 details, prediction
-0.28187418 details, prediction
-0.22091916 details, prediction
-0.0708126 details, prediction
0.09106493 details, prediction
Third tier
-0.60974044 details, prediction
-0.5947122 details, prediction
-0.5674189 details, prediction
-0.5367984 details, prediction
-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)