NEXO was up by nearly 50% on Friday, as markets reacted to the news that Binance was listing the token on its platform. Today’s surge sent NEXO to a multi-week high, while TRON also moved higher, hitting a one week peak.
Two weeks after announcing a partnership with Mastercard to launch the world’s first “crypto-backed” payment card, NEXO today achieved another milestone.
Binance confirmed that it will be adding the token to its platform, and this news was well received by markets.
NEXO/USD rose by nearly 50% during today’s session, hitting an intraday high of $3.66 in the process.
Friday’s surge comes less than 24-hours after prices were trading at $2.14, and as of writing are tracking at a record high.
This recent peak comes following a three day rally which began at support of $2.10, with two long-term resistance levels broken as a result of the bullish ascent.
The price of NEXO, which launched in December last year is now overbought, with the RSI tracking at 71.94