$NEXO is up almost 6% this week and sitting at $0.872 right now, and this is the least boring nexo has looked in months.
the news here is plumbing. nexo just teamed up with Tangany and DLT Finance to push its european expansion, lining up with custody and DLT infrastructure players instead of just posting about adoption. deals like that show up on balance sheets before they show up on price charts.
nexo is also advising on blockchain integration work, which reads like a company positioning itself as institutional infrastructure in europe, not just another lending app chasing yield.
right now nexo trades at $0.872, boxed between its 24h low of $0.86 and high of $0.88. if it holds $0.86, i think this grinds through $0.88 on the back of the european partnership news. if it loses $0.86, i'm wrong on this and anyone who chased the breakout is holding a bag with no story left to lean on.
holding $0.86 or losing it?
follow me for more calls like this.
the news here is plumbing. nexo just teamed up with Tangany and DLT Finance to push its european expansion, lining up with custody and DLT infrastructure players instead of just posting about adoption. deals like that show up on balance sheets before they show up on price charts.
nexo is also advising on blockchain integration work, which reads like a company positioning itself as institutional infrastructure in europe, not just another lending app chasing yield.
right now nexo trades at $0.872, boxed between its 24h low of $0.86 and high of $0.88. if it holds $0.86, i think this grinds through $0.88 on the back of the european partnership news. if it loses $0.86, i'm wrong on this and anyone who chased the breakout is holding a bag with no story left to lean on.
holding $0.86 or losing it?
follow me for more calls like this.
