NEXO(nexo)market reviews and price predictions

NEXO market statement for 2022-10-05

Yesterday the price of nexo stood at $0.89. The market capitalization of the asset was $505 852 100. NEXO’s volatility was established at 0.49%. The trading volume of the coin reached $4 278 548.

NEXO prognosis for the next days:

We estimate the price of NEXO to be $0.9 tomorrow 2022-10-08 and $0.91 on 2022-10-14;

We estimate the market capitalization of NEXO to reach $513 987 107 tomorrow 2022-10-08 and $506 237 126 on 2022-10-10;

We estimate the volatility of NEXO to become 2.23% tomorrow 2022-10-08 and 1.89% on 2022-10-10;

We estimate the trading volume of NEXO to amount to $6 280 629 tomorrow 2022-10-08 and $5 626 196 on 2022-10-10.

Our recommendation for the pair NEXO/USD for tomorrow, 2022-10-08, to buy.

NEXO(nexo)week price prediction
2%
Price
Volatility
Capitalization
Volume
Sep 11Sep 18Sep 25Oct 02Oct 09Sep 11Sep 18Sep 25Oct 02Oct 090.880.900.920.940.960.980.880.900.920.940.960.98
Today's review

Bearish response: The NEXO price melts by 3% between September 29 and October 5.

NEXO has been last week as its price has been predominantly falling. The volatility associated with the NEXO market was low, as were its price fluctuations. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Latest reviews

Slightly bearish : traders witnessed NEXO moving down 5% from September 27 till October 3.

The bearish behavior of NEXO last week was characterized by the occurrence of downswings. The volatility of NEXO has been low throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Last week’s (September 17 - September 23) irresolute NEXO : the price moved up no more than 3%.

The behavior of NEXO last week was characterized by the occurrence of upswings. The situation on the NEXO market shows that the underlying asset is currently experiencing a period of low volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

Buyers weakened their grip on the NEXO market (September 16 - September 22) as the price rose only by 5%.

Between September 16 - September 22, NEXO has been mostly as its price has been in the rising mode. NEXO was caught in a period of low volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

NEXO sees limited 4% gains between September 15 and September 21 as the market cools down.

The upward movement of the NEXO price last week indicates the chosen market is. The price swings of NEXO pointed to the presence of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

NEXO retraces by 1% in the period September 14 - September 20 as the market turns slightly bearish.

The price of NEXO was falling last from September 14 until September 20, giving enough reason to conclude that the market is bearish. The price swings of NEXO pointed to the presence of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

September 13 - September 19 market wrap: NEXO had a slight 4% drop.

The analysis of last week’s price action shows that the NEXO market is in the bearish phase since the price has been moving downward. The volatility of NEXO has been low throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

The bears stepped up a gear on September 12 - September 18, dropping the price of NEXO by 7%.

The price of NEXO was falling last from September 12 until September 18, giving enough reason to conclude that the market is bearish. The situation on the NEXO market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of decreased trading volume.

NEXO lost 6% in the period September 9 - September 15 as a result of selling pressure.

The analysis of last week’s price action shows that the NEXO market is in the bearish phase since the price has been moving downward. NEXO has been going through a period of low volatility, which fell in line with the occurred price changes. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the increasing trading volume.

NEXO market stayed flat from September 8 - September 14.

NEXO portrayed neutral behavior last week, with no changes in the price. The situation on the NEXO market shows that the underlying asset is currently experiencing a period of low volatility. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

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