This NEXO breakout is a thing of beauty NEXO Recently announced a buyback Exchange coming in 2021 Demand for leverage products should increase as BTC runs Closest competitor OKEX:CROUSDT has market cap of $1.27B NEXO price at OKEX:CROUSDT market cap is $2.27
LONG NEXO - BULLISH MACD CROSSOVER UPTRENDING TRADING RANGE
Nexo has been holding a long term uptrend but extremely volatile. seems to be falling back in to consolidation range with volume picking up. I also see cup and handle forming on the RSI. I expect it to bounce off it's long term uptrend line.
If altseason coming, then NEXO will show us some "organic" movement again! This TA is covered by some fundamental reason. nexostatistics.com Long term pro tipp: Sell NEXO and buy ILK inlock.io
it's news based analysis. Nexo announced it's another dividend will be paid in june, not telling exact date, so we have 18 days to be realized from now on. Last dividend payment price was gone from about 5 cents to 20 cents. Expecting similar behavior, and it's already 10 cents we could see at least last top point to be reach again.