Image of NMX
NMXNominex Token
$0.002362
0.13%
1D

Nominex Token Analysis

Investment Score
A quick view into Nominex Token's investment prospects.
7.8

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • The current level still offers a favorable reward-to-risk profile.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
Market State Summary
Current regime
Bull Quiet
Confidence: 84%
Why this state?
  • NMX is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
NMX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 49.36, which is neither overbought nor oversold.
Volatility
Quiet
NMX ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.002424 - $0.002481
Active zone
$0.002182 - $0.002421
Support zone
$0.002309 - $0.002357
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
High
Support & Resistance

Nominex Token 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
$0.002309 - $0.002357
Resistance zone
$0.002424 - $0.002481
Active zone
$0.002182 - $0.002421
Levels Table
LevelZoneStrength
Support 1$0.002309 - $0.002357
Resistance 1$0.002424 - $0.002481
Resistance 2$0.002511 - $0.002559
Resistance 3$0.002561 - $0.002685
Resistance 4$0.002694 - $0.002831
Active 1$0.002182 - $0.002421
Scenario Analysis
Bullish scenario

NMX clears the resistance zone at $0.002424 - $0.002481 and holds above it. That would strengthen the breakout case and shift attention to $0.002511 - $0.002559.

Bearish scenario

NMX loses the support zone at $0.002309 - $0.002357. That would weaken the setup and open the way toward $0.002309 - $0.002357.

Neutral scenario

NMX continues trading between $0.002357 and $0.002424. 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
$0.002348
Bullish
NMX is trading above the 50-day average.
SMA200
$0.002408
Bearish
NMX remains below the long-term trend line.
EMA50
$0.002356
Bullish
NMX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.002430
Bearish
NMX is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
49.36
Neutral
RSI (14) is at 49.36, which keeps momentum in a balanced range.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
0.0₅3795
Bearish
MACD is below its signal line.
ATR
1.56%
Quiet
Volatility is below its 180-day median.
VWMA
$0.002364
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
75.44
Neutral
CCI (20) is at 75.44, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.00001269
Bullish
Awesome Oscillator is above zero at $0.00001269, which supports bullish momentum.
Williams Percent Range (14)
-63.56
Neutral
Williams Percent Range (14) is at -63.56, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₅9391
Bullish
Bull Bear Power (13) is positive at $0.0₅9391, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
56.93
Neutral
Ultimate Oscillator is at 56.93, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.002359
Bearish
NMX is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.002338
Bullish
NMX is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Nominex Token

Over the past 7 days, Nominex Token price was most positively correlated with the price of Binance Coin (BNB), Jito (JTO), Ethereum Name Service (ENS), Sky (SKY) and Floki Inu (FLOKI) and most negatively correlated with the price of Tezos (XTZ), BitTorrent (BTT), Kaspa (KAS), Raydium (RAY) and Venice Token (VVV).

Positively Correlated Currencies
NameCorrelation
Image of Binance CoinBinance Coin0.446
Image of JitoJito0.405
Image of Ethereum Name ServiceEthereum Name Service0.389
Image of SkySky0.388
Image of Floki InuFloki Inu0.385
Negatively Correlated Currencies
NameCorrelation
Image of TezosTezos-0.351
Image of BitTorrentBitTorrent-0.302
Image of KaspaKaspa-0.288
Image of RaydiumRaydium-0.194
Image of Venice TokenVenice Token-0.192

Nominex Token price is positively correlated with the top 10 coins by market cap with a price of 0.242, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.211. Currencies that are positively correlated with Nominex Token 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 Nominex Token, a move in one direction for Nominex Token would translate into a move in the opposite direction for the negatively correlated coin.

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