- CRO coin price is currently consolidating for the next big run. In contrast, the asset price may soon cross beyond $0.14
- Technical indicators of Crypto.com coin suggest a consolidated momentum for price. Meanwhile, the CRO/BTC pair has observed a gain of 0.5% in the intraday session
Why Invest In CRO Coin?
CRO coin is currently trading in a consolidated momentum and can soon revert back to the uptrend. CRO price is currently trading near the value of $0.1212 and has seen a loss of 0.4% in the intraday session.
CRO is the native currency of Crypto.com coin which is an open decentralized platform. It is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities.
It was founded by Kris and the platform came live on NOV 2018. CRO coin price is currently in a consolidated momentum and can soon see a breakout above the $0.5. CRO/BTC pair can also observe a strong bullish momentum in the future . One can invest in CRO as per their risk capacity and positive breakout.
Technical Indicators Of CRO Coin Price Suggests A Consolidated Momentum For Future
The weekly technical chart of the CRO coin suggests a consolidation in price for upcoming days. Resistance for the coin price while going upside can be seen near $0.146. The bounce back in the coin price while going down can see a halt near the value of $0.1 . The asset price is currently trading above the 50 and below 100 Daily Moving Average, with a negative crossover in the past. The 50 DMA is currently near the value of $0.113, making it a temporary bounceback region for the price. CRO price has formed a supply zone on the daily chart. If it breaks above the $0.15 then a strong bullish trend till $0.25 can be observed. CRO/BTC pair is currently in a downtrend and can soon revert to the uptrend
Conclusion
CRO coin price has given great returns to the investors in the past and can soon see the uptrend. CRO/BTC pair can also see a strong bullish momentum in the upcoming days. An Investor should do their due diligence before investing.
Technical Levels
Major Support:$0.1
Major Resistance:$0.146