Technical: Bearish Rising Wedge Pattern cycle has completed and bearish price action is taking place at the point of writing. From our analysis, we believe CRO will be facing a strong pullback, and depending on the market sentiment and the Bulls holding power for CRO we can expect to at least hit first range of support @$0.095 range where second Major Support will...
If Long Term Resistance Line cannot be broken we can see a strong pullback in the coming future with Stoch RSI and other Indicators at the peak of Oversold Level. Yellow Drawing is to show Mild Pullback towards Fibonacci Middle Band Support Line ranging around $0.1 USD and the Major Pullback from Orange Drawing @0.052 USD will be at a crucial support line to...
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This 2-day chart printed a Bearish engulfing candle in combination with bearish divergence between price action and the oscillators following a 360% rally. If you've not taken profits yet, you'll wish you had next week ;)
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If it falls, you need to make sure you can get support in the 0.118234 to 0.120495 range.
You should also make sure you can touch the 0.139598...
It’s a critical pace. Lot of potential for CRO to boost up hit 0.18 or above, if BTC holds or pumps up. If BTC breaks and dumps. CRO will hit 0.05 or down. Since lots of accumulation from March. Hopefully in July mid it goes up. If not oscillates btw 0.12 ~ 0.13 & falls down.
During down trend, If no support at 0.120. Definitely CRO hits 0.05 faster.
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We are maintaining a steady upward trend.
You should check if you can get support in the 0.112843~0.115487 section.
Also, you need to make sure you can climb...
Crypto.com Chain CROUSDT looks completely unstoppable. Smashed through all significant resistances (on the HITBTC chart, older charts might not agree with this idk) and is signalising no sell pressure at all. A bullish retest of the zone between former monthly and weekly resistance (0.07-0.08 range) before going parabolic would be an amazing long opportunity. Will...
Just more proof that Crypto.com is making huge strides; this shows CRO (red and teal), MCO (green) BTC (white) and Gold (yellow) in dollars since the pandemic and resulting market meltdown. (I'm a newb, take this for what it is, an ADD-borne musing xD).
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.
Fundamental Analysis
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...
Fundamental Analysis
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.
Great...
