Nexus Dubai (NXD)
1. Fundamental Analysis
1.1 Introduce
UAE Merchant Network,The NXD Project, in partnership with various companies in the UAE, can be used in many retail stores, restaurants in Dubai. Stores can also become members without having to spend a large amount of money to install the system as is usually the case. Payment can be made easily at a wide range of places including large shopping malls, supermarkets, food deliveries, hotels, etc. Since incentives are provided, it is possible to enclose inbound commercial areas.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | NXD | Market Cap | 40792.11413501 |
| Name | Nexus Dubai | White Paper | -- |
| Web Site | https://nxdproject.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://polygonscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 50000000000 | |
| Supply | 50000000000 | Release Date | 2021-01-31 |
| Available Supply | 1235750201 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 3.554e-05 | 3.554e-05 | 3.301e-05 | 3.301e-05 | 74.07377552 |
| 2024-12-31 | 3.461e-05 | 3.639e-05 | 3.3e-05 | 3.3e-05 | 131.74589874 |
| 2024-12-30 | 3.639e-05 | 3.673e-05 | 3.461e-05 | 3.461e-05 | 206.31557846 |
| 2024-12-29 | 3.7e-05 | 4.2e-05 | 3.573e-05 | 3.671e-05 | 364.50488333 |
| 2024-12-28 | 3.354e-05 | 3.641e-05 | 3.339e-05 | 3.5e-05 | 200.39514335 |
| 2024-12-27 | 3.4e-05 | 3.64e-05 | 3.139e-05 | 3.534e-05 | 42.37067425 |
| 2024-12-26 | 3.484e-05 | 3.8e-05 | 3.208e-05 | 3.485e-05 | 282.36516803 |
| 2024-12-25 | 3.24e-05 | 3.79e-05 | 3.167e-05 | 3.471e-05 | 203.63872798 |
| 2024-12-24 | 3.376e-05 | 3.383e-05 | 3.001e-05 | 3.186e-05 | 315.9703138 |
| 2024-12-23 | 3.376e-05 | 3.381e-05 | 3.2e-05 | 3.2e-05 | 55.94940917 |
| 2024-12-22 | 3.325e-05 | 3.381e-05 | 3.2e-05 | 3.281e-05 | 127.02721981 |
| 2024-12-21 | 3.443e-05 | 3.443e-05 | 3.2e-05 | 3.328e-05 | 142.86906869 |
| 2024-12-20 | 3.382e-05 | 3.699e-05 | 3.14e-05 | 3.2e-05 | 320.25812907 |
| 2024-12-19 | 3.645e-05 | 3.648e-05 | 3.171e-05 | 3.382e-05 | 239.32176323 |
| 2024-12-18 | 3.924e-05 | 3.924e-05 | 3.513e-05 | 3.644e-05 | 715.22249943 |
| 2024-12-17 | 3.611e-05 | 3.924e-05 | 3.611e-05 | 3.611e-05 | 297.26919209 |
| 2024-12-16 | 4.07e-05 | 4.284e-05 | 3.501e-05 | 3.601e-05 | 548.82844031 |
| 2024-12-15 | 3.405e-05 | 4.071e-05 | 3.405e-05 | 3.805e-05 | 441.73857742 |
| 2024-12-14 | 3.783e-05 | 4.049e-05 | 3.386e-05 | 3.879e-05 | 833.11816929 |
| 2024-12-13 | 3.658e-05 | 4.07e-05 | 3.603e-05 | 3.603e-05 | 405.86816714 |
| 2024-12-12 | 3.5e-05 | 3.985e-05 | 3.14e-05 | 3.649e-05 | 288.77250603 |
| 2024-12-11 | 3.154e-05 | 4e-05 | 3.141e-05 | 3.557e-05 | 281.64644337 |
| 2024-12-10 | 3.611e-05 | 3.908e-05 | 3.14e-05 | 3.39e-05 | 520.08340156 |
| 2024-12-09 | 4.269e-05 | 4.297e-05 | 3.4e-05 | 3.511e-05 | 3007.87673361 |
| 2024-12-08 | 4.036e-05 | 4.628e-05 | 4.036e-05 | 4.097e-05 | 1113.48551486 |
| 2024-12-07 | 3.79e-05 | 4.411e-05 | 3.79e-05 | 4.3e-05 | 514.65637255 |
| 2024-12-06 | 3.773e-05 | 4.228e-05 | 3.747e-05 | 4.228e-05 | 279.33819255 |
| 2024-12-05 | 3.673e-05 | 4.063e-05 | 3.653e-05 | 3.974e-05 | 520.76480287 |
| 2024-12-04 | 4.003e-05 | 4.468e-05 | 3.718e-05 | 3.718e-05 | 1171.51100705 |
| 2024-12-03 | 4.393e-05 | 4.7e-05 | 4.001e-05 | 4.002e-05 | 324.68875508 |
2.2 Analysis
The recent price action shows a period of consolidation followed by a potential upward trend reversal. However, significant volume spikes coincide with price increases and decreases, suggesting volatility and a lack of clear directional momentum. Short-term price fluctuations are likely, with the potential for a moderate upward trend in the coming weeks, contingent upon sustained buying pressure and a breakout above recent resistance levels. Overall, caution is advised given the volatility observed. Further monitoring is crucial before concluding a sustained trend.
