NEXO’s Latest Number Of Daily New Addresses Stands At 74

The Hourly View for NEXO

  • Currently, NEXO’s price is up $0.01 (0.89%) from the hour prior.
  • It’s been a feast for bulls operating on an hourly timeframe, as NEXO has now gone up 4 of the past 5 hours.
  • Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
  • Most noteworthy in the world of moving averages on the hourly chart is that the 100 and 200 hour moving averages have been crossed, with price now being above them. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

NEXO’s hourly price chart is shown below.

NEXO

The Daily View for NEXO

  • At the moment, NEXO’s price is up $0.03 (5.15%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved down.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe.
  • The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
  • Divergence alert: Trend in NEXO’s price and its RSI are diverging. NEXO’s price is declining faster than its RSI.

Below is a daily price chart of NEXO.

NEXO

The Latest From NEXO’s Blockchain

  • NEXO’s number of daily new addresses now stands at 74.
  • Over the past 29 weeks, the trend for NEXO’s daily transaction count has been choppy and unclear. It has oscillated between 188 and 5221.
  • NEXO has a count of active addresses of 4988, up 2157.01% from its value day prior.