Analiza prețului Nexo: Cumpărătorii pot crește accelerația de cumpărare, dacă NEXO încalcă această rezistență vitală

• NEXO token constructed triple Bottom formation during the sell-off. 
• Buyers seem to be aggressive as the Market cap increased 5.5% in the last 24 hours.
• Trading Volume displays the bull’s attention on altcoin as it jumped over 60%. 

NEXO token, one of the blockchain-based leading platforms, offers loans for cryptocurrency users. Although because of the crypto market crisis, many investors had lost significant investments. Later on, altcoin gives relief to their investors after the coin recovers its losing cost a few days before. 

 Amid sharp decline, NEXO buyers saw a 2022 low at $0.551 Mark. near the 90-day low, prices were well accumulated by bulls, in fact, it formed the triple bottom formation (below the chart) before moving higher. Now, the token seems to be bullish to hit the vital volatility zone of $1.0 before the end of August. 

Recent, NEXO overcame the sideways trend under the gray box, as a result, buyers continue pushing assets to the higher territory. Thus, the altcoin against the USDT is trading at $0.82 Mark at the time of writing. Moreover, the pair price of NEXO along with the Bitcoin pair is in the green zone by 9.8% at 0.0000259 Satoshis.

When Will Token Hit the $1.0-Resistance Level?

Over the daily price scale, the trading volume is increasing gradually after the narrow horizontal range breakout. Hence, the ADX indicator is rising and suggesting buyers’ attraction towards the given altcoin. Thus the market cap increased 5.5% above $450 Million in the last 24 hours.

Amid the higher sustainability in the NEXO token, buyers barely manage to keep prices above the 20 and 50-day moving average on the daily price scale. Similarly, the Stoch RSI indicator is remaining flat in the overbought zone. 

Concluzie 

The NEXO token is aiming to hit the vital resistance level of $1.0 amid a continued buying trajectory. The potential seems to be good for a short-term view on the token, but a more sharp rally may occur if bulls turn the $1.0 level into support. 

Nivel de rezistență - 1.0 USD și 1.3 USD

Nivel de suport - 0.70 USD și 0.55 USD

Declinare a responsabilităţii 

Părerile și opiniile exprimate de autor sau de orice persoană numită în acest articol sunt doar pentru idei informative și nu stabilesc sfatul financiar, de investiții sau de altă natură. Investiția în sau tranzacționarea activelor cripto implică un risc de pierdere financiară.

Andrew este un dezvoltator blockchain care și-a dezvoltat interesul pentru criptomonede în timpul absolvirii sale. El este un observator pasionat al detaliilor și își împărtășește pasiunea pentru scris împreună cu a fi dezvoltator. Cunoștințele sale backend despre blockchain îl ajută să ofere o perspectivă unică scrisului său

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