Key notes
- Nexo (Nexo) jumped 7% today and posted weekly gains greater than 17%, fueled by its official school year in the United States.
- Nexo’s return, approved by Donald Trump Jr., comes after solving previous regulatory problems.
- Immediate resistance is $ 1.24 and an upward increase of $ 1.39, although RSI is approached over -rascal levels.
Nexo
Nexo
$ 1.33
24h volatility:
19.0%
COURTIC CAPESSION:
$ 1.33 B
Flight. 24 hours:
$ 23.52 M
Make the titles today after having increased by 7.85% in the last 24 hours, bringing its weekly gains to an impressive 17%. Currently, the token is negotiated at $ 1.21, slightly below its daily summit of $ 1.25.
Despite this rally, Nexo remains 73.86% compared to its summit of $ 4.63 recorded more than three years ago, according to CoinmarketCap data.
Interestingly, the recent increase marks an important turning point for the lender of cryptography, because everything is linked to a major announcement: Nexo officially returns to the American market.
In its latest update, Nexo revealed that retail and institutional sales customers in the United States will once again have access to several of its basic offers.
Nexo returns to the American market.
We adopt renewed optimism and entrepreneurial impetus to deliver our complete products to American customers in a support environment. 🧵 pic.twitter.com/wwf624dr4f
– Nexo (@nexo) April 28, 2025
These include high -performance savings accounts, credit lines supported by assets, advanced negotiation options and liquidity solutions adapted to institutions.
A story of return after regulatory battles
Nexo’s prize outfit has won ground after the company announced its return to the United States, a decision that comes nearly two years after leaving the market on regulatory uncertainties.
This return to school was underlined by an event featuring Donald Trump Jr., who praised cryptocurrency as “the future of finance” and stressed the importance of regulatory clarity for the industry to flourish.
“We see the opportunity for the financial sector and want to make sure to bring this back to the United States,” said Donald Trump Jr.
“America is back – just like Nexo,” said Trilchev. pic.twitter.com/ko0dhxyuq8
– Nexo (@nexo) April 28, 2025
The approval by Trump Jr. of a user -friendly Crypto regulatory environment has resonated with investors, especially in the midst of a larger market, hungry with bullish stories.
In 2022, Nexo was forced to withdraw from the United States after a series of regulatory confrontations, including a regulation of $ 45 million with the Securities and Exchange Commission (SEC) concerning its product of interest.
The California Department of Financial Protection and Innovation has deposited an order to stop and abstain against the program of interest of Nexo, judging its unqualified security.
After these setbacks, Nexo interrupted its controversial services with interests for American customers and reduced its American operations.
Nexo price analysis and targets
According to the daily graph below, the Divergence of Divergence of Mobile Average Convergence (MacD) made a Haussier crossing, the MacD line crossing the signal line.
The relative resistance index (RSI) is currently 68.14, approaching exaggerated territory (70+). Although this shows a strong purchase pressure, he also suggests that the assets could soon face a sales pressure or a recharge time.
Nexo Daily Chart | Source: tradingView
According to fibonacci levels, immediate support is observed nearly $ 1.12 (aligned with previous consolidation and the Fibonacci level 0.236). Meanwhile, strong resistance appears near the area from $ 1.24 to $ 1.25 (FIB 1 level), which coincides with today.
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Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
