Nexo is the world’s first instant crypto overdrafts. It’s is powered by A Leading FinTech Group serving millions of people across Europe for over 10 years. The NEXO Token is the World’s First US SEC-compliant Dividend-paying Asset-backed Security Token and is backed by the underlying assets of Nexo’s loan portfolio. It has a market cap of $60.9 million, a circulating supply of 560 million and has traded over $8.4 million in the past 24 hours according to CryptoSlate.com.
NEXO/BTC is breaking out of its channel today with a close 0.00011444. A potential target for the move is that prior resistance area near 0.000016400. A stop could be placed below the support near 0.00001000.