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 $0.7601 with $0.7748 as upper border and $0.7524 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 |
|---|---|---|
| $0.7822704911231995 | Weight: 36.633 | 24 Jan 2023 |
| $0.7491564154624939 | Weight: 15.216 | 19 Dec 2020 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.7748 | Channel maximum price resist level based on 24 hours movements |
| 0.7524 | 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 $0.7594 with $0.77830005 as upper border and $0.7153 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 |
|---|---|---|
| $0.8417056798934937 | Weight: 36.46 | 21 Oct 2022 |
| $0.8395999670028687 | Weight: 35.527 | 20 Oct 2022 |
| $0.7822704911231995 | Weight: 36.633 | 24 Jan 2023 |
| $0.7491564154624939 | Weight: 15.216 | 19 Dec 2020 |
| $0.7232720255851746 | Weight: 12.684 | 15 Jan 2021 |
| $0.7059926986694336 | Weight: 6.193 | 03 Jan 2021 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.77830005 | Channel maximum price resist level based on 7 days movements |
| 0.7153 | 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 $0.79359996 with $0.90639997 as upper border and $0.70239997 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: 35.628 | 25 Oct 2022 |
| $0.9084916710853577 | Weight: 35.964 | 25 Oct 2022 |
| $0.8895043134689331 | Weight: 35.738 | 23 Oct 2022 |
| $0.8883144855499268 | Weight: 35.305 | 23 Oct 2022 |
| $0.8681739568710327 | Weight: 34.35 | 21 Oct 2022 |
| $0.8640580773353577 | Weight: 34.349 | 21 Oct 2022 |
| $0.8417056798934937 | Weight: 36.46 | 21 Oct 2022 |
| $0.8395999670028687 | Weight: 35.527 | 20 Oct 2022 |
| $0.7822704911231995 | Weight: 36.633 | 24 Jan 2023 |
| $0.7491564154624939 | Weight: 15.216 | 19 Dec 2020 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.90639997 | Channel maximum price resist level based on 30 days movements |
| 0.70239997 | Channel minimum price resist level based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
XRP
XRP
|
0.9603079 | details, prediction |
Ethereum
ETH
|
0.95314515 | details, prediction |
Litecoin
LTC
|
0.9406988 | details, prediction |
Crypto.com Chain
CRO
|
0.9286347 | details, prediction |
Cardano
ADA
|
0.9241902 | details, prediction |
| Second tier | ||
Ravencoin
RVN
|
0.9506099 | details, prediction |
Vechain
VET
|
0.942027 | details, prediction |
Theta Fuel
TFUEL
|
0.9408502 | details, prediction |
Zilliqa
ZIL
|
0.9403699 | details, prediction |
Tezos
XTZ
|
0.94010854 | details, prediction |
| Third tier | ||
ICON
ICX
|
0.94941485 | details, prediction |
QuarkChain
QKC
|
0.94196874 | details, prediction |
Lisk
LSK
|
0.93929195 | details, prediction |
Hydro Protocol
HOT
|
0.9379611 | details, prediction |
ARK
ARK
|
0.9376165 | 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
|
-0.5586675 | details, prediction |
ZCash
ZEC
|
-0.12533188 | details, prediction |
TRON
TRX
|
-0.086335875 | details, prediction |
Binance Coin
BNB
|
0.56641 | details, prediction |
Monero
XMR
|
0.6411016 | details, prediction |
| Second tier | ||
Dai
DAI
|
-0.7114952 | details, prediction |
USD//Coin
USDC
|
-0.7082719 | details, prediction |
Telcoin
TEL
|
-0.36315104 | details, prediction |
True USD
TUSD
|
-0.2881253 | details, prediction |
OriginTrail
TRAC
|
-0.18373081 | details, prediction |
| Third tier | ||
FunFair
FUN
|
-0.7986311 | details, prediction |
Komodo
KMD
|
-0.64976037 | details, prediction |
V Systems
VSYS
|
-0.13603869 | details, prediction |
Matrix AI Network
MAN
|
0.23775914 | details, prediction |
OPEN Platform
OPEN
|
0.33371028 | 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)