Nexo price prediction: Will Bakkt deal limit further decline? NEXO drops 7.21%

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Nexo slides 7.21% to $0.798 today

Highlights

Nexo has partnered with Bakkt to leverage its U.S.-licensed trading infrastructure, supporting a regulated relaunch and compliant digital asset services for American users.
The collaboration aligns with evolving U.S. regulatory requirements and targets increasing demand for compliant digital asset wealth management solutions.
NEXO trades at $0.798 below all major moving averages, with bearish momentum and high probability (>80%) of further downside toward $0.76–$0.87 in the next five sessions.

Regulated U.S. relaunch as Nexo partners with Bakkt for compliance

Nexo has announced a partnership with Bakkt to facilitate its regulated relaunch in the United States. The collaboration will leverage Bakkt’s U.S.-licensed trading infrastructure, including money transmitter licenses and a New York BitLicense, to support compliant digital asset trading services for American users. This move demonstrates Nexo’s response to evolving U.S. regulatory requirements and its aim to meet demand for digital asset wealth management in a compliant manner.

Sustained downside pressure as momentum and oscillators confirm weakness

The current price of NEXO at $0.798 sits below the MA-20 ($0.8303), MA-50 ($0.8936), and MA-200 ($1.0726), indicating short-, medium-, and long-term bearish pressure. The Ichimoku Kijun at $0.7880 is above the present price, marking this level as immediate resistance. Momentum signals remain weak, with the MACD and ADX showing clear bearish momentum on the daily timeframe, and this is reinforced by daily declines of 7.21%. The Stochastic RSI indicates oversold conditions, while the RSI also leans bearish and the CCI is neutral near the lower bound, both pointing toward seller dominance; Bull/Bear Power also favors sellers. There was no significant gap between the previous close and today’s open, but the price now trades close to the intraday low of $0.797 after persistent pressure, reflecting high volatility and continued weakness throughout the session. Momentum and oscillator signals broadly align, confirming prevailing downside and the dominance of sellers in today’s trading.

Further downside likely as volatility and rejection cap rebound risk

For the next five sessions, the anticipated range is approximately $0.76 to $0.87 based on adjusted weekly projections and prevailing volatility. The probability of a further price decline is very high (more than 80%), making a rebound less likely in the short term. The baseline scenario foresees continued sideways movement near the current lower range, while a bullish outcome would require a breakout above the $0.80 – $0.83 resistance zone. The bearish scenario sees the price slipping below $0.76, potentially testing deeper support levels if selling pressure accelerates.

Anton Kharitonov, expert at Traders Union, sees NEXO under sustained technical pressure as it remains below all key moving averages. He notes the U.S. relaunch via Bakkt as a positive step for regulatory positioning but highlights that near-term momentum and sentiment remain bearish, with sellers dominating. The analyst maintains a cautious tactical bias given weak signals across MACD, ADX, and oscillators. "Until $0.80 – $0.83 is reclaimed, I remain defensive and expect continued downside pressure."

Previously it was reported that US lender Rate launched RateFi, a mortgage product allowing verified cryptocurrency holdings to count as qualifying reserves and, in some instances, as a source of income for homebuyers, using a proprietary valuation process focused on liquidity and volatility. Last time, analysts noted that the move reflects increasing mainstream acceptance, especially as federal housing agencies and lawmakers consider broader guidelines for incorporating crypto assets into mortgage risk assessments, with market participants watching for regulatory clarity and product adoption trends.

Source of Data: NEXO Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.