CROUSDT is at a good technical point.
It's the first time since it's been on Coinbase, it has reached overbought levels (RSI(10) over 70)
I would assume this technical trend is especially important for cryptocurrencies.
CRO is attempting to hold strong by continuing to get listed in exchanges. Last month the project was listed on Bithumb and Bibox, while a week ago the project announced its listing on OKEx. The trend will likely continue which will further add liquidity and drive demand for the token, though market dynamics are rolling back the temporary...
Crypto.com Chain has surged after the company announced that it’s planning to launch its U.S. Visa card in partnership with Metropolitan Commercial Bank on July 14, 2019. This will further increase the project’s user base, which should positively affect the demand for the CRO token.
Crypto.com Chain / USD Short-term price analysis
From a technical standpoint 12 cents makes cents as a next stop. Higher lows, fibonacci extension tool points to approximately 12 cents.
RSI very oversold. I also think in general this project has a lot of potential. A crypto backed Visa card is an excellent business model.
Launched in Singapore, soon to be released in Asia, Europe and then US markets.