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- 1 NEXO coin has broken a downtrend after reclaiming the current support level.
- 2 The RSI is rising above its neutral zone, highlighting bullish strength.
- 3 The 2027 price prediction states that the bulls could rise with a compound annual growth rate of 32.05%
NEXO coin has just broken a major downturn that started in the August of 2021. At press time, the coin was trading at the level of $0.74 after reclaiming the support level of $0.538. The bulls are currently near the immediate resistance level of $0.75. However, the trend seems broken as the bullish pressure is high for the time being. In addition to this, the RSI has also risen above the neutral zone and is currently trading at 62.
NEXO Price Prediction 2024-2027
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) | Growth in % | Volatility change |
| 2024 | 0.86 | $0.97 | 1.073 | 44.61% | 125% |
| 2025 | 1.043 | $1.22 | 1.395 | 30.01% | 134% |
| 2026 | 1.419 | $1.64 | 1.865 | 33.69% | 131% |
| 2027 | 1.801 | $2.03 | 2.256 | 20.97% | 125% |
NEXO Price Prediction 2024
By 2024, NEXO coin could show a growth of 44.61% from the current levels. This will drive its potential high to $1.073. However, the volatility could be a moderate high of 125% which could further lead the coin to mark a potential low of $0.860. Amid the volatility, the average price could be near $0.97.
NEXO Price Prediction 2025
According to the NEXO coin price predictions, the market is expected to experience growth and exhibit a bullish trend by 2025. The projections suggest that NEXO’s value could increase by up to 30.01% from the previous year, reaching as high as $1.395. Furthermore, experts predict that the lowest point for NEXO in the same year could be $1.043.
NEXO Price Prediction 2026
Based on a comprehensive analysis of the weekly chart patterns, it is predicted that NEXO will experience a 33.69% moderate increase from the previous year’s highest point, reaching a new peak value of $1.865 by 2026. The volatility level during that time is expected to be as high as 131%. Additionally, it is estimated that the minimum value of NEXO will be $1.419, while the average price is projected to be approximately $1.64.
NEXO Price Prediction 2027
It is anticipated that the NEXO coin will show moderate volatility during 2027, with a likely increment of up to 125%. The highest expected price for the coin is $2.256, while the least is supposed to be $1.801. Moreover, it is expected to grow by 20.97% from the previous year.
Conclusion
The NEXO coin has broken a downtrend which started a year back. The bulls have successfully reversed the trend as the coin is near its resistance level. The future projections for the coin are bullish with the CAGR rising to 2 digits.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
