After the amazing rally CRO Consolidation Targeting 38.2% Fibonacci approaching March Trend Line. After falling through the 23.6% Fib. level($0.15188), now acting as resistance, I see the 38.2% as next target $0.1273
CRO is way overdue for some much needed healthy price consolidation. I don't think it's a coincidence that from a technical POV, CRO is going to run out of space around November, right when:
- CDC haters have all bailed out after the controversial MCO swap
- CRO mainnet is launched
- US elections are happening
Prepare to ride some volatiliy.
Why i think CRO wil drop in the short term and in the long therm. Short story, a lot of early investors of MCO are mad and they have lots of CRO that will be unlock within one or 2 weeks and a lot more in 6 months. They feel wronged and don't see any potential in CRO.
LONG STORY: MY 3 year journey with CDC (cryptodotcom)
I first posted my review on the...
Currently above al time high at 0.1605 but above red trend line which used to be major resistance. It can create a new bull trend momentum but ideally, we want it to retrace to $0.04- $0.05 range for accumulating buy zone for staking and other purposes where risk is not overly extended.
Don't get married to the dates. I'm not. My general expectation is that we'll see a rise to about 14-16 cents over the next month or two followed by a correction that forms a bull flag before leading into another round of serious gains. Have fun with that.
If you look at the areas circled on the MAC-D, we can see an obvious comparison to the pattern unfolding right now. The red line is about where I put the ceiling on CRO in the short term. That green line is our support, the yellow is our trend's heartline and the blue line is what I gauge to be the overall trajectory of CRO. At a time when other alt coins are...
amazed at its performance.
the website Crypto.com made this coin.
they are an exchange with very very low rates, no credit card fees to buy crypto right now.
they offer debit cards, metal ones.
i can see alot of newbies who are just learning about crypto, getting into this website and coin.