📈 Analysis and forecast for $NEXO on Binance: further prospects? 📉
As of 11:28 EEST, June 26, 2025, the rate $NEXO on Binance is $1.219, showing a 2.7% increase in the last 24 hours. Moderate upward movement and stable trading volume reflect sustained interest in Nexo, especially due to its role in crypto lending and integration with the Binance platform.
Technically, $NEXO is in a neutral-bullish trend. On the 4-hour chart, the 50-day SMA is close to crossing the 200-day from below, signaling a potential bullish momentum. RSI (14) at around 52 indicates a neutral zone, leaving room for growth. Key resistance is at $1.25, a breakout of which could lead to $1.30. Support is located at $1.20, below which is $1.15. Holding above $1.219 supports optimism.
Forecast: In the coming days, NEXO may test resistance at $1.25, with a chance of rising to $1.30 by the end of June 2025 if interest in the platform increases. By July, a rise to $1.40–$1.50 is possible if the altcoin market continues its upward trend. The long-term outlook for 2026 is $2+, assuming growth in adoption and new partnerships, such as the launch of EURØP. Risks include volatility and possible correction. Posts on X and market data show moderate optimism, with forecasts above $1.25, although some note caution.
Outlook? A 2.7% increase and a price of $1.219 are close to resistance at $1.25. Buying at $1.20 with a target of $1.30 and a stop-loss at $1.15 may be justified. NEXO stands out due to high interest rates on deposits (up to 16%) and credit lines, attracting investors. Keep an eye on news about new products and network activity!
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