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 is now on EDGE at $0.74349993. So the next scenario is able. If price will go up it will spend next in CHANNEL near to $0.77149993 with $0.79599994 as upper border and $0.74349993 as bottom. If price will go down, it will FALL with support level $0.74349993

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: 36.665 24 Jan 2023
$0.7491564154624939 Weight: 15.233 19 Dec 2020
$0.7232720255851746 Weight: 12.698 15 Jan 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.74349993 Edge price dividing trends based on 24 hours movements
0.79599994 Channel maximum price resist level based in case of RAISE trend on 24 hours movements
0.74349993 Channel minimum price resist level based in case of RAISE trend on 24 hours movements
0.74349993 Minimum price support level in case of FALL trend based on 24 hours movements

Nexo price levels prediction for next 7 days

Next 7 days brief prediction

Price of NEXO has broken last trend and will FALL from the support level $0.7632

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
$0.8681739568710327 Weight: 34.389 21 Oct 2022
$0.8640580773353577 Weight: 34.387 21 Oct 2022
$0.8417056798934937 Weight: 36.501 21 Oct 2022
$0.8395999670028687 Weight: 35.567 20 Oct 2022
$0.7822704911231995 Weight: 36.665 24 Jan 2023
$0.7491564154624939 Weight: 15.233 19 Dec 2020
$0.7232720255851746 Weight: 12.698 15 Jan 2021
$0.7059926986694336 Weight: 6.2 03 Jan 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.7632 Maximum price support level based on 7 days movements

Nexo price levels prediction for next 30 days

Next 30 days brief prediction

Price of NEXO has broken last trend and will FALL from the support level $0.76719993

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: 35.668 25 Oct 2022
$0.9084916710853577 Weight: 36.004 25 Oct 2022
$0.8895043134689331 Weight: 35.778 23 Oct 2022
$0.8883144855499268 Weight: 35.345 23 Oct 2022
$0.8681739568710327 Weight: 34.389 21 Oct 2022
$0.8640580773353577 Weight: 34.387 21 Oct 2022
$0.8417056798934937 Weight: 36.501 21 Oct 2022
$0.8395999670028687 Weight: 35.567 20 Oct 2022
$0.7822704911231995 Weight: 36.665 24 Jan 2023
$0.7491564154624939 Weight: 15.233 19 Dec 2020

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.76719993 Maximum price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9322869 details, prediction
0.92223495 details, prediction
0.9177011 details, prediction
0.89915186 details, prediction
0.8821725 details, prediction
Second tier
0.93290216 details, prediction
0.92025816 details, prediction
0.91858655 details, prediction
0.9175134 details, prediction
0.9158659 details, prediction
Third tier
0.93714577 details, prediction
0.9267362 details, prediction
0.92346543 details, prediction
0.920557 details, prediction
0.9158283 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
-0.8318249 details, prediction
-0.620252 details, prediction
-0.2818408 details, prediction
-0.24992898 details, prediction
0.27408856 details, prediction
Second tier
-0.7129319 details, prediction
-0.63874507 details, prediction
-0.62711066 details, prediction
-0.4036954 details, prediction
-0.21663472 details, prediction
Third tier
-0.6020155 details, prediction
-0.19281344 details, prediction
-0.049522102 details, prediction
-0.0046831854 details, prediction
0.1574642 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)