Nexo (NEXO) gets a very bullish rating from InvestorsObserver Friday. The crypto is up 4.39% to $0.9540475486 while the broader crypto market is down 0.1%.
Nexo has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Nexo!
Very Bullish
Over the last five days, Nexo has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Nexo over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
Nexo is currently trading near its five-day high of $0.960454520989849. The crypto is 0.67% off its five-day high and is 11.95% higher than its five-day low of $0.852183043956757.Nexo price is currently above resistance. With support set around $0.871185635760677 and resistance at $0.953088318541896, Nexo is potentially in a volatile position if the rally burns out.
Nexo has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.
What is a token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.Due to a lack of data, this crypto may be less suitable for some investors.
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