Image of NMD
NMDNexusMind
$1.59
-0.96%
1D

NexusMind Analysis

Investment Score
A quick view into NexusMind's investment prospects.
4.1

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Volatile
Confidence: 90%
Why this state?
  • NMD is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Volatile regime, the best-fit approach is Capital preservation / avoid chasing reversals. Downtrend pressure is being reinforced by unstable price action, which makes capital preservation and patience more important than trying to catch sharp countertrend moves.

Trend
Bearish
NMD is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 34.22, which is neither overbought nor oversold.
Volatility
Volatile
NMD ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$2.10 - $2.48
Support zone
$1.26 - $1.53
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

NexusMind support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$1.26 - $1.53
Resistance zone
$2.10 - $2.48
Active zone
--
Levels Table
LevelZoneStrength
Support 1$1.26 - $1.53
Resistance 1$2.10 - $2.48
Resistance 2$2.53 - $2.66
Resistance 3$3.00 - $3.16
Resistance 4$3.19 - $3.55
Scenario Analysis
Bullish scenario

NMD clears the resistance zone at $2.10 - $2.48 and holds above it. That would strengthen the breakout case and shift attention to $2.53 - $2.66.

Bearish scenario

NMD loses the support zone at $1.26 - $1.53. That would weaken the setup and open the way toward $1.26 - $1.53.

Neutral scenario

NMD continues trading between $1.53 and $2.10. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$2.04
Bearish
NMD is trading below the 50-day average.
SMA200
$2.90
Bearish
NMD remains below the long-term trend line.
EMA50
$1.98
Bearish
NMD is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$3.02
Bearish
NMD is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
34.22
Neutral
RSI (14) is at 34.22, which keeps momentum in a balanced range.
Stoch RSI (14)
38.52
Neutral
Stoch RSI (14) is at 38.52, which suggests momentum is active but not yet extreme.
MACD
-0.1383
Bearish
MACD is below its signal line.
ATR
7.95%
Volatile
Volatility is above its 180-day median.
VWMA
$1.84
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-86.67
Neutral
CCI (20) is at -86.67, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.3827
Bearish
Awesome Oscillator is below zero at $-0.3827, which supports bearish momentum.
Williams Percent Range (14)
-93.34
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -93.34.
Bull Bear Power (13)
$-0.08941
Bearish
Bull Bear Power (13) is negative at $-0.08941, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
27.57
Oversold
Ultimate Oscillator is weak at 27.57, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$1.54
Bullish
NMD is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$2.40
Bearish
NMD is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to NexusMind

Over the past 7 days, NexusMind price was most positively correlated with the price of Polygon Ecosystem Token (POL), Sun Token (SUN), Bittensor (TAO), Terra Classic (LUNC) and Official Trump (TRUMP) and most negatively correlated with the price of Curve DAO Token (CRV), Monero (XMR), Uniswap (UNI), Morpho (MORPHO) and Flare (FLR).

Positively Correlated Currencies
NameCorrelation
Image of Polygon Ecosystem TokenPolygon Ecosystem Token0.930
Image of Sun TokenSun Token0.899
Image of BittensorBittensor0.883
Image of Terra ClassicTerra Classic0.866
Image of Official TrumpOfficial Trump0.865
Negatively Correlated Currencies
NameCorrelation
Image of Curve DAO TokenCurve DAO Token-0.718
Image of MoneroMonero-0.716
Image of UniswapUniswap-0.648
Image of MorphoMorpho-0.644
Image of FlareFlare-0.603

NexusMind price is negatively correlated with the top 10 coins by market cap with a price of -0.019, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.103. Currencies that are positively correlated with NexusMind indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with NexusMind, a move in one direction for NexusMind would translate into a move in the opposite direction for the negatively correlated coin.

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