Being an innovative and unique token, Nexo can boast high utility, so it’s no surprise it has been quite popular lately. People are wondering whether it is worth investing in Nexo and what the future holds for this currency. In this article, we will show you our Nexo price prediction and share why we think it is a good investment!
Nexo Overview
- Our real-time NEXO to USD price update shows the current Nexo price as $0.996024 USD.
- Our most recent Nexo price forecast indicates that its value will increase by -0.44% and reach $0.991616 by September 04, 2024.
- Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 83%, with a Fear & Greed Index score of 26 (Fear).
- Over the last 30 days, Nexo has had 12/30 (40%) green days and 3.24% price volatility.
Nexo Profit Calculator
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Nexo (NEXO) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
On the four-hour chart, Nexo is bearish. The 50-day moving average is falling, suggesting a weakening short-term trend. Meanwhile, the 200-day moving average has been falling since 30/08/2024, indicating a weak longer-term trend.
In the daily chart, Nexo is bearish. The 50-day moving average, currently above the price, is falling, which might resist future price movements. The 200-day moving average has been rising since 05/08/2024, showing long-term strength.
On the weekly timeframe, Nexo appears bullish. The 50-day moving average is above the price and rising, potentially acting as resistance. The 200-day moving average, rising since 18/02/2024, supports a sustained trend.
Nexo (NEXO) Price Prediction For Today, Tomorrow and Next 30 Days
| Date | Price | Change |
|---|---|---|
| September 03, 2024 | $0.998812 | 0.28% |
| September 04, 2024 | $1.001998 | 0.6% |
| September 05, 2024 | $0.991616 | -0.44% |
| September 06, 2024 | $1.022263 | 2.63% |
| September 07, 2024 | $1.041459 | 4.56% |
| September 08, 2024 | $1.118001 | 12.25% |
| September 09, 2024 | $1.141367 | 14.59% |
| September 10, 2024 | $1.156475 | 16.11% |
| September 11, 2024 | $1.183717 | 18.84% |
| September 12, 2024 | $1.181657 | 18.64% |
| September 13, 2024 | $1.181165 | 18.59% |
| September 14, 2024 | $1.235268 | 24.02% |
| September 15, 2024 | $1.332335 | 33.77% |
| September 16, 2024 | $1.459624 | 46.55% |
| September 17, 2024 | $1.515835 | 52.19% |
| September 18, 2024 | $1.579826 | 58.61% |
| September 19, 2024 | $1.517537 | 52.36% |
| September 20, 2024 | $1.390495 | 39.6% |
| September 21, 2024 | $1.343170 | 34.85% |
| September 22, 2024 | $1.351266 | 35.67% |
| September 23, 2024 | $1.281696 | 28.68% |
| September 24, 2024 | $1.289676 | 29.48% |
| September 25, 2024 | $1.324578 | 32.99% |
| September 26, 2024 | $1.335906 | 34.12% |
| September 27, 2024 | $1.318822 | 32.41% |
| September 28, 2024 | $1.291494 | 29.66% |
| September 29, 2024 | $1.268849 | 27.39% |
| September 30, 2024 | $1.235250 | 24.02% |
| October 01, 2024 | $1.221233 | 22.61% |
| October 02, 2024 | $1.288876 | 29.4% |
Nexo Prediction Table
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050
| September | $0.992 | $1.29 | $1.58 | |
| October | $1.09 | $1.21 | $1.33 | |
| November | $1.11 | $1.13 | $1.15 | |
| December | $1.13 | $1.15 | $1.17 | |
| All Time | $1.08 | $1.20 | $1.31 |
Choose a year
2024
2025
2026
2027
2028
2029
2030
2031
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2033
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Nexo Historical
According to the latest data gathered, the current price of Nexo is $1.44, and NEXO is presently ranked No. 100 in the entire crypto ecosystem. The circulation supply of Nexo is $804,319,884.77, with a market cap of 560,000,011 NEXO.
In the past 24 hours, the crypto has increased by $0.01 in its current value.
For the last 7 days, NEXO has been in a good upward trend, thus increasing by 17.58%. Nexo has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of NEXO has increased by 11.02%, adding a colossal average amount of $0.16 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Nexo Price Prediction 2024
According to the technical analysis of Nexo prices expected in 2024, the minimum cost of Nexo will be $0.992. The maximum level that the NEXO price can reach is $1.29. The average trading price is expected around $1.58.
NEXO Price Forecast for September 2024
Having analyzed Nexo prices, cryptocurrency experts expect that the NEXO rate might reach a maximum of $1.58 in September 2024. It might, however, drop to $0.992. For September 2024, the forecasted average of Nexo is nearly $1.29.
October 2024: Nexo Price Forecast
In the middle of autumn 2024, the Nexo cost will be traded at the average level of $1.21. Crypto analysts expect that in October 2024, the NEXO price might fluctuate between $1.09 and $1.33.
NEXO Price Forecast for November 2024
Market experts expect that in November 2024, the Nexo value will not drop below a minimum of $1.11. The maximum peak expected this month is $1.15. The estimated average trading value will be at the level of $1.13.
December 2024: Nexo Price Forecast
Cryptocurrency experts have carefully analyzed the range of NEXO prices throughout 2024. For December 2024, their forecast is the following: the maximum trading value of Nexo will be around $1.17, with a possibility of dropping to a minimum of $1.13. In December 2024, the average cost will be $1.15.
Nexo Price Prediction 2025
After the analysis of the prices of Nexo in previous years, it is assumed that in 2025, the minimum price of Nexo will be around $1.16. The maximum expected NEXO price may be around $1.63. On average, the trading price might be $2.09 in 2025.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2025 | $1.01 | $1.62 | $1.32 |
| February 2025 | $1.02 | $1.67 | $1.35 |
| March 2025 | $1.03 | $1.71 | $1.38 |
| April 2025 | $1.05 | $1.75 | $1.40 |
| May 2025 | $1.06 | $1.79 | $1.43 |
| June 2025 | $1.08 | $1.84 | $1.46 |
| July 2025 | $1.09 | $1.88 | $1.49 |
| August 2025 | $1.10 | $1.92 | $1.52 |
| September 2025 | $1.12 | $1.96 | $1.55 |
| October 2025 | $1.13 | $2.01 | $1.57 |
| November 2025 | $1.15 | $2.05 | $1.60 |
| December 2025 | $1.16 | $2.09 | $1.63 |
Nexo Price Prediction 2026
Based on the technical analysis by cryptocurrency experts regarding the prices of Nexo, in 2026, NEXO is expected to have the following minimum and maximum prices: about $2.48 and $2.87, respectively. The average expected trading cost is $2.55.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2026 | $1.27 | $2.13 | $1.73 |
| February 2026 | $1.38 | $2.17 | $1.84 |
| March 2026 | $1.49 | $2.21 | $1.94 |
| April 2026 | $1.60 | $2.24 | $2.04 |
| May 2026 | $1.71 | $2.28 | $2.15 |
| June 2026 | $1.82 | $2.32 | $2.25 |
| July 2026 | $1.93 | $2.36 | $2.35 |
| August 2026 | $2.04 | $2.40 | $2.46 |
| September 2026 | $2.15 | $2.44 | $2.56 |
| October 2026 | $2.26 | $2.47 | $2.66 |
| November 2026 | $2.37 | $2.51 | $2.77 |
| December 2026 | $2.48 | $2.55 | $2.87 |
Nexo Price Prediction 2027
The experts in the field of cryptocurrency have analyzed the prices of Nexo and their fluctuations during the previous years. It is assumed that in 2027, the minimum NEXO price might drop to $3.58, while its maximum can reach $4.30. On average, the trading cost will be around $3.70.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2027 | $2.57 | $2.65 | $2.99 |
| February 2027 | $2.66 | $2.74 | $3.11 |
| March 2027 | $2.76 | $2.84 | $3.23 |
| April 2027 | $2.85 | $2.93 | $3.35 |
| May 2027 | $2.94 | $3.03 | $3.47 |
| June 2027 | $3.03 | $3.13 | $3.59 |
| July 2027 | $3.12 | $3.22 | $3.70 |
| August 2027 | $3.21 | $3.32 | $3.82 |
| September 2027 | $3.31 | $3.41 | $3.94 |
| October 2027 | $3.40 | $3.51 | $4.06 |
| November 2027 | $3.49 | $3.60 | $4.18 |
| December 2027 | $3.58 | $3.70 | $4.30 |
Nexo Price Prediction 2028
Based on the analysis of the costs of Nexo by crypto experts, the following maximum and minimum NEXO prices are expected in 2028: $6.19 and $5.30. On average, it will be traded at $5.49.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2028 | $3.72 | $3.85 | $4.46 |
| February 2028 | $3.87 | $4 | $4.62 |
| March 2028 | $4.01 | $4.15 | $4.77 |
| April 2028 | $4.15 | $4.30 | $4.93 |
| May 2028 | $4.30 | $4.45 | $5.09 |
| June 2028 | $4.44 | $4.60 | $5.25 |
| July 2028 | $4.58 | $4.74 | $5.40 |
| August 2028 | $4.73 | $4.89 | $5.56 |
| September 2028 | $4.87 | $5.04 | $5.72 |
| October 2028 | $5.01 | $5.19 | $5.88 |
| November 2028 | $5.16 | $5.34 | $6.03 |
| December 2028 | $5.30 | $5.49 | $6.19 |
Nexo Price Prediction 2029
Crypto experts are constantly analyzing the fluctuations of Nexo. Based on their predictions, the estimated average NEXO price will be around $7.82. It might drop to a minimum of $7.60, but it still might reach $9.05 throughout 2029.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2029 | $5.49 | $5.68 | $6.43 |
| February 2029 | $5.68 | $5.88 | $6.67 |
| March 2029 | $5.88 | $6.07 | $6.91 |
| April 2029 | $6.07 | $6.27 | $7.14 |
| May 2029 | $6.26 | $6.46 | $7.38 |
| June 2029 | $6.45 | $6.66 | $7.62 |
| July 2029 | $6.64 | $6.85 | $7.86 |
| August 2029 | $6.83 | $7.04 | $8.10 |
| September 2029 | $7.03 | $7.24 | $8.34 |
| October 2029 | $7.22 | $7.43 | $8.57 |
| November 2029 | $7.41 | $7.63 | $8.81 |
| December 2029 | $7.60 | $7.82 | $9.05 |
Nexo Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of Nexo. It is estimated that NEXO will be traded between $10.86 and $13.23 in 2030. Its average cost is expected at around $11.25 during the year.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2030 | $7.87 | $8.11 | $9.40 |
| February 2030 | $8.14 | $8.39 | $9.75 |
| March 2030 | $8.42 | $8.68 | $10.10 |
| April 2030 | $8.69 | $8.96 | $10.44 |
| May 2030 | $8.96 | $9.25 | $10.79 |
| June 2030 | $9.23 | $9.54 | $11.14 |
| July 2030 | $9.50 | $9.82 | $11.49 |
| August 2030 | $9.77 | $10.11 | $11.84 |
| September 2030 | $10.05 | $10.39 | $12.19 |
| October 2030 | $10.32 | $10.68 | $12.53 |
| November 2030 | $10.59 | $10.96 | $12.88 |
| December 2030 | $10.86 | $11.25 | $13.23 |
Nexo Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Nexo’s price. The year 2031 will be determined by the maximum NEXO price of $18.88. However, its rate might drop to around $15.58. So, the expected average trading price is $16.03.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2031 | $11.25 | $11.65 | $13.70 |
| February 2031 | $11.65 | $12.05 | $14.17 |
| March 2031 | $12.04 | $12.45 | $14.64 |
| April 2031 | $12.43 | $12.84 | $15.11 |
| May 2031 | $12.83 | $13.24 | $15.58 |
| June 2031 | $13.22 | $13.64 | $16.06 |
| July 2031 | $13.61 | $14.04 | $16.53 |
| August 2031 | $14.01 | $14.44 | $17 |
| September 2031 | $14.40 | $14.84 | $17.47 |
| October 2031 | $14.79 | $15.23 | $17.94 |
| November 2031 | $15.19 | $15.63 | $18.41 |
| December 2031 | $15.58 | $16.03 | $18.88 |
Nexo Price Prediction 2032
After years of analysis of the Nexo price, crypto experts are ready to provide their NEXO cost estimation for 2032. It will be traded for at least $22.43, with the possible maximum peaks at $26.77. Therefore, on average, you can expect the NEXO price to be around $23.07 in 2032.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2032 | $16.15 | $16.62 | $19.54 |
| February 2032 | $16.72 | $17.20 | $20.20 |
| March 2032 | $17.29 | $17.79 | $20.85 |
| April 2032 | $17.86 | $18.38 | $21.51 |
| May 2032 | $18.43 | $18.96 | $22.17 |
| June 2032 | $19.01 | $19.55 | $22.83 |
| July 2032 | $19.58 | $20.14 | $23.48 |
| August 2032 | $20.15 | $20.72 | $24.14 |
| September 2032 | $20.72 | $21.31 | $24.80 |
| October 2032 | $21.29 | $21.90 | $25.46 |
| November 2032 | $21.86 | $22.48 | $26.11 |
| December 2032 | $22.43 | $23.07 | $26.77 |
Nexo Price Prediction 2033
Cryptocurrency analysts are ready to announce their estimations of the Nexo’s price. The year 2033 will be determined by the maximum NEXO price of $39.08. However, its rate might drop to around $31.00. So, the expected average trading price is $31.93.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2033 | $23.14 | $23.81 | $27.80 |
| February 2033 | $23.86 | $24.55 | $28.82 |
| March 2033 | $24.57 | $25.29 | $29.85 |
| April 2033 | $25.29 | $26.02 | $30.87 |
| May 2033 | $26 | $26.76 | $31.90 |
| June 2033 | $26.72 | $27.50 | $32.93 |
| July 2033 | $27.43 | $28.24 | $33.95 |
| August 2033 | $28.14 | $28.98 | $34.98 |
| September 2033 | $28.86 | $29.72 | $36 |
| October 2033 | $29.57 | $30.45 | $37.03 |
| November 2033 | $30.29 | $31.19 | $38.05 |
| December 2033 | $31 | $31.93 | $39.08 |
Nexo Price Prediction 2040
Cryptocurrency analysts are ready to announce their estimations of the Nexo’s price. The year 2040 will be determined by the maximum NEXO price of $680.29. However, its rate might drop to around $568.87. So, the expected average trading price is $616.44.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2040 | $75.82 | $80.64 | $92.51 |
| February 2040 | $120.65 | $129.35 | $145.95 |
| March 2040 | $165.47 | $178.06 | $199.38 |
| April 2040 | $210.29 | $226.77 | $252.82 |
| May 2040 | $255.11 | $275.48 | $306.25 |
| June 2040 | $299.94 | $324.19 | $359.69 |
| July 2040 | $344.76 | $372.89 | $413.12 |
| August 2040 | $389.58 | $421.60 | $466.55 |
| September 2040 | $434.40 | $470.31 | $519.99 |
| October 2040 | $479.23 | $519.02 | $573.42 |
| November 2040 | $524.05 | $567.73 | $626.86 |
| December 2040 | $568.87 | $616.44 | $680.29 |
Nexo Price Prediction 2050
Cryptocurrency analysts are ready to announce their estimations of the Nexo’s price. The year 2050 will be determined by the maximum NEXO price of $864.48. However, its rate might drop to around $755.94. So, the expected average trading price is $789.78.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2050 | $584.46 | $630.89 | $695.64 |
| February 2050 | $600.05 | $645.33 | $710.99 |
| March 2050 | $615.64 | $659.78 | $726.34 |
| April 2050 | $631.23 | $674.22 | $741.69 |
| May 2050 | $646.82 | $688.67 | $757.04 |
| June 2050 | $662.41 | $703.11 | $772.39 |
| July 2050 | $677.99 | $717.56 | $787.73 |
| August 2050 | $693.58 | $732 | $803.08 |
| September 2050 | $709.17 | $746.45 | $818.43 |
| October 2050 | $724.76 | $760.89 | $833.78 |
| November 2050 | $740.35 | $775.33 | $849.13 |
| December 2050 | $755.94 | $789.78 | $864.48 |
Created in 2018, Nexo is a cryptocurrency based on the Ethereum blockchain. It uses the ERC-20 token standard.
Nexo boasts many features that make it unique and a good investment. Here are some of them.
- Nexo offers instant loans to people who want to use their cryptocurrencies as collateral. This means you can borrow money against your crypto holdings without having to sell them!
- Nexo has a partnership with Credissimo, one of Europe’s leading financial companies. This gives Nexo much credibility and shows that it is here to stay.
- Nexo pays interest on all deposits made on their platform. This is a great way to earn passive income and one of the reasons why we think Nexo is a solid investment choice.
- The demand for instant loans using cryptocurrencies as collateral is growing, and Nexo is one of the prominent platforms in this space.
Here’s the current Nexo price.
According to historical data, Nexo seems to be a cryptocurrency with mooning potential. It responds well to crypto market changes and has enough baseline support to shoot up in value.
The Nexo token currently only has half of its total supply in circulation. The cryptocurrency’s market capitalization is (at least, at the time of writing) within the top 100 on CoinMarketCap. These things point toward Nexo having favorable long-term prospects.
Here’s the Nexo technical analysis performed by TradingView and updated in real time. If it is giving a “buy” signal, then the current trend is bullish, and Nexo’s price is likely to rise in the near future. If the widget gives a “sell” signal, then the price of the Nexo cryptocurrency might go down in the coming days or hours.
Nexo is one of the 100 biggest cryptocurrencies in the world by market cap, so it is no surprise that plenty of various crypto experts have made their own price forecasts for this token. Here are some of them.
CryptoGround.com foresees an average forecast price of $1.1 in a year for Nexo tokens. They believe that this digital asset has much potential, and they are bullish on its long-term prospects: at the moment, they expect it to have an ROI of over 850% in 5 years.
WalletInvestor.com is more conservative in its Nexo forecast. This platform is bearish on the token in the long run and believes Nexo’s price value will go below $0.5 in mid-2023.
Digital Coin Price supposes that Nexo will have reached $3.1 by the end of 2022, and they are bullish on its long-term prospects.
As you can see, there are quite a few different Nexo price forecasts out there. Just like with any other cryptocurrency, it depends heavily on how the market will feel in the coming months and years. Additionally, since Nexo is an ERC-20 token, it also depends on Ethereum, but this could be a good thing.
After the Merge, gas fees should go down, making Nexo transactions more affordable. This could be a great boost for the token.
You can sell or buy Nexo on Changelly.
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FAQ
How much will Nexo be worth in the future?
This is impossible to predict as it all depends on the market conditions in months and years to come. However, we assume that Nexo has much potential and could be worth a lot in the future.
Is Nexo a good investment?
Yes, we think that Nexo is a good investment. It has a lot of unique features that make it appealing to investors, and we believe that the demand for instant loans using cryptocurrencies as collateral will continue to grow in the future.
Why did Nexo’s price drop?
The price of Nexo or any other cryptocurrency is always subject to change and can go up or down at any time. There are many reasons why a cryptocurrency may have a downtrend, like market turbulence, global recession, exchange hacks, and so on.
Does Nexo have a future?
According to our Nexo price forecast and many other Nexo price predictions, yes, it does. However, this article does not constitute financial advice — you should do your own research to see whether Nexo will be a profitable investment for you.
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Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
