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
Read more detailed info about this tool
Nexo price levels prediction for next 24 hours
Next 24 hours brief prediction
Price of NEXO will be traded in CHANNEL near to $0.866 with $0.874 as upper border and $0.8492 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 |
|---|---|---|
| $0.8895043134689331 | Weight: 36.095 | 23 Oct 2022 |
| $0.8883144855499268 | Weight: 35.657 | 23 Oct 2022 |
| $0.8681739568710327 | Weight: 34.693 | 21 Oct 2022 |
| $0.8640580773353577 | Weight: 34.691 | 21 Oct 2022 |
Volume profile price channel in 24 hours range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.874 | Channel maximum price resist level based on 24 hours movements |
| 0.8492 | 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 $0.8892 with $0.9216 as upper border and $0.85859996 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 |
|---|---|---|
| $0.9085133075714111 | Weight: 35.984 | 25 Oct 2022 |
| $0.9084916710853577 | Weight: 36.323 | 25 Oct 2022 |
| $0.8895043134689331 | Weight: 36.095 | 23 Oct 2022 |
| $0.8883144855499268 | Weight: 35.657 | 23 Oct 2022 |
| $0.8681739568710327 | Weight: 34.693 | 21 Oct 2022 |
| $0.8640580773353577 | Weight: 34.691 | 21 Oct 2022 |
Volume profile price channel in 7 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.9216 | Channel maximum price resist level based on 7 days movements |
| 0.85859996 | 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 $0.86600006. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.90300006 with $0.92100006 as upper border and $0.86600006 as bottom. If price will go down, it will FALL with support level $0.86600006Historic 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 |
|---|---|---|
| $1.0756396055221558 | Weight: 36.934 | 22 Jun 2021 |
| $1.0521647930145264 | Weight: 80.307 | 23 May 2021 |
| $1.0419354438781738 | Weight: 41.193 | 12 May 2022 |
| $0.9085133075714111 | Weight: 35.984 | 25 Oct 2022 |
| $0.9084916710853577 | Weight: 36.323 | 25 Oct 2022 |
| $0.8895043134689331 | Weight: 36.095 | 23 Oct 2022 |
| $0.8883144855499268 | Weight: 35.657 | 23 Oct 2022 |
| $0.8417056798934937 | Weight: 36.824 | 21 Oct 2022 |
| $0.8395999670028687 | Weight: 35.881 | 20 Oct 2022 |
| $0.7822704911231995 | Weight: 37.087 | 24 Jan 2023 |
Volume profile price channel in 30 days range
Edge levels of the price channel based on volume profile report.
| Price | Description |
|---|---|
| 0.86600006 | Edge price dividing trends based on 30 days movements |
| 0.92100006 | Channel maximum price resist level based in case of RAISE trend on 30 days movements |
| 0.86600006 | Channel minimum price resist level based in case of RAISE trend on 30 days movements |
| 0.86600006 | Minimum price support level in case of FALL trend based on 30 days movements |
Highly correlated currencies
| Coin | Correlation | Links |
|---|---|---|
| First tier | ||
Bitcoin
BTC
|
0.7357784 | details, prediction |
Ethereum
ETH
|
0.7074545 | details, prediction |
Litecoin
LTC
|
0.6041333 | details, prediction |
Monero
XMR
|
0.5578398 | details, prediction |
ChainLink
LINK
|
0.5333857 | details, prediction |
| Second tier | ||
HoloToken
HOT
|
0.6015968 | details, prediction |
Synthetix Network Token
SNX
|
0.5500214 | details, prediction |
Theta
THETA
|
0.5388712 | details, prediction |
0x
ZRX
|
0.5357754 | details, prediction |
Bitcoin SV
BSV
|
0.45095825 | details, prediction |
| Third tier | ||
Chronobank
TIME
|
0.7498762 | details, prediction |
Hydro Protocol
HOT
|
0.56338066 | details, prediction |
Enjin Coin
ENJ
|
0.5440629 | details, prediction |
Bancor
BNT
|
0.5432388 | details, prediction |
Kambria
KAT
|
0.5089722 | 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 | ||
Bitcoin Cash
BCH
|
-0.5811306 | details, prediction |
Cardano
ADA
|
0.019218192 | details, prediction |
Stellar
XLM
|
0.14624074 | details, prediction |
TRON
TRX
|
0.15678862 | details, prediction |
Binance Coin
BNB
|
0.16286269 | details, prediction |
| Second tier | ||
Dai
DAI
|
-0.70659494 | details, prediction |
USD//Coin
USDC
|
-0.55677956 | details, prediction |
Waves
WAVES
|
-0.46113935 | details, prediction |
Verge
XVG
|
-0.44045103 | details, prediction |
Ardor
ARDR
|
-0.30619165 | details, prediction |
| Third tier | ||
Phantasma
SOUL
|
-0.6760841 | details, prediction |
PIVX
PIVX
|
-0.55056804 | details, prediction |
Wanchain
WAN
|
-0.4653473 | details, prediction |
FunFair
FUN
|
-0.4627891 | details, prediction |
Loopring
LRC
|
-0.45613423 | 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)