I have been following this fractal for a while and updating it with $SHIB's price action periodically. Seems to be following a similar path. I expect the green box to be a nice zone of demand for $CRO, I will be longing from that point.
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Today I want talk with you about Crypto.com CRO token, because I also get a lot of messages with asking to make CRO idea.
At first take a look at support zone 0.38-0.42 USD
Also take a look at...
CRO (crypto.com) Daily
Chart...looking very bullish,
the price has a lower low,
but the RSI has a higher low...
the price will catch up with the
bullish RSI which makes this
chart read REGULAR BULLISH DIVERGENCE.
Crypto.com is with out a doubt one of the most used Crypto exchanges in the world and they come in at 1st place for me in terms of marketing and leading the way for adoption, the changed the legendary staples centre name to crypto.com arena come on..
Anyway CHARTS are looking very good for a good DCA here, currently in a DAILY POI which it seems to be respecting...
Festive Greetings to all.
Today we consider the trading pair CRO/USD
To start off, we will first look at the fundamental side of things.
Crypto.com(CRO) is the next generation decentralized mobile payment protocol, the most efficient and secure way to pay and be paid in crypto, anywhere, any crypto, without fees.
Crypto.com Chain will...
CROUSD has made a bullish run in the past few days and is now reaching a point of resistance and perhaps reversing off of it. The resistance line it hit is at the price where the highest volume occurred, at $0.69, as shown by the VPVR (Volume Profile) indicator. If price does reverse off of this resistance, then it forms a right shoulder and I would be looking for...
The total supply of CRO is around 30 Billion. The top 10 crypto with the closest supply would be ADA, with 45 Billion coins. Since BNB has already achieved the #3 slot, we can sort of get an idea of the price potential for an exchange token like CRO before it truly "takes off." At the moment, it seems to be beginning to take off. Structurally, it's breaking out of...
1/4/2022 5:00 PM EST
It could go either way at this point, it really depends on if BTC doesn't break on the 42k support, if it even gets that low. I believe CRO going to be in the lower to mid .60s by the end of January based on Analsys from a higher timeline.
I will provide an update by, 1/11/2022
CRO is now at an ideal retracement level FIB 0.786.
It seems to want to go down a little more to retest 0.412
which coincidentally is the FIB 0.854 level (last chance)
& is also the first breakup candle low last November.
After 0.412 retest, it will then breakout of the descending wedge.
Pls also do own research & comment here your analysis.