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 has broken last trend and will RAISE from the support level $0.8047

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
$0.7491564154624939 Weight: 16.367 19 Dec 2020
$0.7232720255851746 Weight: 13.754 15 Jan 2021

Volume profile price channel in 24 hours range

Edge levels of the price channel based on volume profile report.
Price Description
0.8047 Minimal price support level 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 RAISE from the support level $0.75200003

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
$1.0056155920028687 Weight: 9.149 19 Jul 2022
$0.7491564154624939 Weight: 16.367 19 Dec 2020
$0.7232720255851746 Weight: 13.754 15 Jan 2021
$0.7059926986694336 Weight: 6.715 03 Jan 2021
$0.6719312071800232 Weight: 8.955 21 Jul 2022
$0.5763393640518188 Weight: 10.83 14 Jan 2021
$0.568556547164917 Weight: 5.693 19 Jan 2021

Volume profile price channel in 7 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.75200003 Minimal 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 RAISE from the support level $0.768

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
$2.2319095134735107 Weight: 28.176 25 Mar 2021
$2.149691343307495 Weight: 31.857 29 Apr 2022
$2.075929880142212 Weight: 33.879 28 Apr 2022
$1.9802104234695435 Weight: 41.315 06 Dec 2021
$1.6866998672485352 Weight: 37.483 19 May 2021
$1.5746852159500122 Weight: 28.957 30 May 2021
$1.270847201347351 Weight: 60.503 22 Sep 2021
$1.0756396055221558 Weight: 39.655 22 Jun 2021
$1.0521647930145264 Weight: 84.463 23 May 2021
$1.0419354438781738 Weight: 54.907 12 May 2022

Volume profile price channel in 30 days range

Edge levels of the price channel based on volume profile report.
Price Description
0.768 Minimal price support level based on 30 days movements
Highly correlated currencies
Coin Correlation Links
First tier
0.9824602 details, prediction
0.9731829 details, prediction
0.9729967 details, prediction
0.96564335 details, prediction
0.9637896 details, prediction
Second tier
0.9881975 details, prediction
0.97658426 details, prediction
0.9685113 details, prediction
0.9669784 details, prediction
0.9667987 details, prediction
Third tier
0.97743297 details, prediction
0.9710613 details, prediction
0.9705845 details, prediction
0.96705097 details, prediction
0.9651166 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
-0.06253683 details, prediction
0.41385153 details, prediction
0.46898988 details, prediction
0.6108465 details, prediction
0.6439009 details, prediction
Second tier
-0.2801182 details, prediction
-0.25873238 details, prediction
0.10684524 details, prediction
0.20529325 details, prediction
0.33812928 details, prediction
Third tier
-0.8122747 details, prediction
-0.80473703 details, prediction
-0.7990062 details, prediction
-0.7853986 details, prediction
-0.42078802 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)