Nexo (NEXO) Price Prediction: Nexo Price Struggles Despite Mild Accumulation Signals

2d ago•

bullish:

bearish:

Nexo remains capped by clustered EMA and Fibonacci resistance that weakens upside momentum.
Spot flow shifts show mixed demand, with recent mild inflows failing to change bias.
Holding $0.9300 is crucial since a breakdown could accelerate losses toward $0.8588.

Nexo continues to struggle for directional strength as market activity leans toward sellers and broader sentiment weakens. The token remains unable to break above several critical resistance zones, while inflow and outflow data signal persistent volatility across the year.

Besides, price action is still tracking below major moving averages, which keeps bearish conditions intact. The latest move reflects a market trying to recover, yet significant hurdles limit any meaningful upside.