The NEXO cryptocurrency has seen a 2.5% increase in price within the last 24 hours and a 5.7% increase over the past 7 days. It has shown a 67.5% increase over the past year, indicating a bullish trend. Investors are hopeful that NEXO will reclaim its all-time high of $4.07. Technical analysis suggests a potential breakout, with experts identifying an inverse head and shoulders pattern and a cup and handle pattern. Nexo's focus on providing a comprehensive wealth platform and its plans for an IPO contribute to its value appreciation. However, regulatory hurdles and limited operations in the US market pose challenges.



Other News from Today