Updated: 3/6/2026 6:10:53 PM

NEXO (NEXO) Technical Analysis

Overall Signal
SELL
27.55
out of 100
Signal Strength
Moderate
Bearish Momentum
Key Levels
Support$0.834
Resistance$0.928

Multi-Timeframe Analysis

5 Min
26
SELL
15 Min
33
SELL
30 Min
40
NEUTRAL
1 Hour
47
NEUTRAL
4 Hour
59
NEUTRAL
1 Day
24
SELL
Timeframe Analysis: Short-term timeframes (5m-30m) show bearish momentum, while longer timeframes (1H-1D) indicate bearish trend direction.

NEXO Price Data

All-Time High

Historical peak price

ATH Price$4.07
Current Price$0.87
From ATH-78.71%
24h Change-2.65%
ATH Date5/12/2021
Distance to ATH78.7%

BTC Correlation

Price movement relationship

39%
Moderate Positive
-100%0%+100%
NEXO has a moderate positive correlation with Bitcoin. It often follows BTC trends but can diverge.

Market Context

Fear & Greed
19
Extreme fear
BTC Dominance
56.7%
Market Share
Altcoin Season
38
Neutral
Market 24h
-3.42%
Total Market
Market Impact: The market is experiencing extreme fear, which may present buying opportunities for patient investors.

NEXO Trading Recommendation

Exercise Caution

Based on multi-timeframe technical analysis

NEXO is showing bearish pressure with a score of 27.55/100. Watch the resistance level at $0.928.

Momentum: Bearish
Risk: Higher

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NEXO Analysis FAQ

Is NEXO a buy right now?

Based on our technical analysis, NEXO currently shows a SELL signal with a score of 27.55/100. This suggests bearish momentum. Consider waiting for better entry points.

What timeframes are analyzed for NEXO?

We analyze NEXO across 6 timeframes: 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hours, and 1 day. This multi-timeframe approach gives a comprehensive view of both short-term and long-term trends.

How often is NEXO analysis updated?

Our NEXO technical analysis is updated every hour. You can get real-time notifications in the CryptoSignalApp when signals change.

How can I get NEXO trading signals?

Download CryptoSignalApp to receive NEXO trading signals with precise entry points, stop loss, and take profit targets. Our signals have an 84%+ win rate.