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 $0.83479995 with $0.8404 as upper border and $0.8268 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
$0.8417056798934937 Weight: 36.617 21 Oct 2022
$0.8395999670028687 Weight: 35.68 20 Oct 2022

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.8404 Channel maximum price resist level based on 24 hours movements
0.8268 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 $0.834 with $0.86679995 as upper border and $0.82439995 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
$0.8895043134689331 Weight: 35.892 23 Oct 2022
$0.8883144855499268 Weight: 35.458 23 Oct 2022
$0.8681739568710327 Weight: 34.499 21 Oct 2022
$0.8640580773353577 Weight: 34.497 21 Oct 2022
$0.8417056798934937 Weight: 36.617 21 Oct 2022
$0.8395999670028687 Weight: 35.68 20 Oct 2022
$0.7822704911231995 Weight: 37.073 24 Jan 2023

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.86679995 Channel maximum price resist level based on 7 days movements
0.82439995 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 $0.80439997 with $0.86179996 as upper border and $0.7169 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
$0.9085133075714111 Weight: 35.782 25 Oct 2022
$0.9084916710853577 Weight: 36.119 25 Oct 2022
$0.8895043134689331 Weight: 35.892 23 Oct 2022
$0.8883144855499268 Weight: 35.458 23 Oct 2022
$0.8681739568710327 Weight: 34.499 21 Oct 2022
$0.8640580773353577 Weight: 34.497 21 Oct 2022
$0.8417056798934937 Weight: 36.617 21 Oct 2022
$0.8395999670028687 Weight: 35.68 20 Oct 2022
$0.7822704911231995 Weight: 37.073 24 Jan 2023
$0.7491564154624939 Weight: 15.281 19 Dec 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.86179996 Channel maximum price resist level based on 30 days movements
0.7169 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9335717 details, prediction
0.93271863 details, prediction
0.8786151 details, prediction
0.83850276 details, prediction
0.80164176 details, prediction
Second tier
0.8701718 details, prediction
0.8576724 details, prediction
0.83657956 details, prediction
0.8311003 details, prediction
0.828878 details, prediction
Third tier
0.9102158 details, prediction
0.90306205 details, prediction
0.89199644 details, prediction
0.8798952 details, prediction
0.8486071 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
0.35588887 details, prediction
0.54074484 details, prediction
0.67864287 details, prediction
0.68114614 details, prediction
0.696676 details, prediction
Second tier
-0.3711913 details, prediction
-0.2954333 details, prediction
-0.24931647 details, prediction
-0.24872954 details, prediction
-0.2099575 details, prediction
Third tier
-0.7308426 details, prediction
-0.6207468 details, prediction
-0.5608627 details, prediction
-0.43159625 details, prediction
-0.3762815 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)