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 $0.893 with $0.9137 as upper border and $0.8678 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

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.9137 Channel maximum price resist level based on 24 hours movements
0.8678 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 is now on EDGE at $0.87329996. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.91559994 with $0.9525 as upper border and $0.87329996 as bottom. If price will go down, it will FALL with support level $0.87329996

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
$0.8277441263198853 Weight: 7.785 07 Sep 2022

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.87329996 Edge price dividing trends based on 7 days movements
0.9525 Channel maximum price resist level based in case of RAISE trend on 7 days movements
0.87329996 Channel minimum price resist level based in case of RAISE trend on 7 days movements
0.87329996 Minimum price support level in case of FALL trend 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 $0.845 with $1.0200001 as upper border and $0.587 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
$1.1579636335372925 Weight: 10.807 31 Aug 2022
$1.0756396055221558 Weight: 39.655 22 Jun 2021
$1.0521647930145264 Weight: 84.783 23 May 2021
$1.0480022430419922 Weight: 15.045 26 Jun 2021
$1.0419354438781738 Weight: 58.327 12 May 2022
$0.7491564154624939 Weight: 16.367 19 Dec 2020
$0.7232720255851746 Weight: 13.754 15 Jan 2021
$0.5763393640518188 Weight: 10.83 14 Jan 2021
$0.561368465423584 Weight: 23.131 18 Jun 2022
$0.4910835027694702 Weight: 8.431 14 Jan 2021

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
1.0200001 Channel maximum price resist level based on 30 days movements
0.587 Channel minimum price resist level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.8990417 details, prediction
0.8559047 details, prediction
0.7725548 details, prediction
0.77063406 details, prediction
0.70747346 details, prediction
Second tier
0.7689605 details, prediction
0.7501238 details, prediction
0.719781 details, prediction
0.69432896 details, prediction
0.6843841 details, prediction
Third tier
0.87742686 details, prediction
0.85056424 details, prediction
0.8414459 details, prediction
0.8376397 details, prediction
0.81033695 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
-0.45258233 details, prediction
-0.4024961 details, prediction
-0.23557508 details, prediction
-0.20732425 details, prediction
-0.1524287 details, prediction
Second tier
-0.64719653 details, prediction
-0.57754976 details, prediction
-0.44234136 details, prediction
-0.41303176 details, prediction
-0.32532242 details, prediction
Third tier
-0.8853271 details, prediction
-0.88112634 details, prediction
-0.87892306 details, prediction
-0.8670432 details, prediction
-0.8483012 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)