X

Crypto.com Coin Price Analysis: CRO Crypto Price Is All Set To Rally For A New High

  • CRO coin price is currently observing a strong upside trend which can soon push it to a new high. It has seen a gain of more than 8% in the past 24 hours.
  • Technical indicators of Crypto.com suggest a strong upside momentum in the price for the future. Meanwhile, the CRO/BTC pair has seen a gain of more than 5% in the intraday session

Why To Invest In CRO Crypto?

CRO crypto price is currently seeing a strong upside momentum which can push the price to a new high. Crypto.com’s price has seen a gain of more than 8% in the past 24 hours and is trading near the value of $0.22163.

Crypto.com native coin is CRO  which is also an open decentralized network. It is one of the products in Crypto.com’s lineup of solutions designed for accelerating the global usage of cryptocurrencies as a means of increasing personal control over the assets, safeguarding user data, and protecting their real identities.

 The founder of the project is Kris and it came into existence in 2018. CRO coin price is currently in a bullish trend and can soon observe a new high in the future.  CRO/BTC pair can also observe a new high in the future. One can invest in the token as per their risk adversity and price action

Technical Indicators Of CRO Crypto Price Suggests A Strong Upside Momentum

Source: Trading view

The weekly technical chart of the CRO coin suggests a strong bullish trend in the price for the future. The hostile region of Crypto.com can be seen near $0.5  The bounceback region of the coin can be seen near $0.1. The asset price is currently trading above the 50 and  100 Daily Moving Average, with an upcoming positive crossover. The 100 DMA is currently near the value of $0.185, making it a temporary support region for the price. CRO price has formed a strong supply zone and can soon see a major breakout. If the coin price goes above $0.55 then a strong bull trend can be seen. CRO/BTC pair can also observe a strong upside momentum in the future.

Conclusion

CRO  coin price is currently seeing a strong upside momentum and can soon see a new high. CRO/BTC pair can also see a new high in the future. An Investor should do their due diligence before investing.

Technical Levels

Major Support:$0.1

Major Resistance:$0.5

Get this news hand-delivered to you on Telegram. Join our Telegram for similar News and Information related to CRYPTOCURRENCY, BITCOIN, BLOCKCHAIN NEWS, and Price prediction

Categories: News
Adarsh Singh: Adarsh singh is an Stock market and financial market advisor trader with background in Engineering. He specialises in Technical Analysis while possessing strong computational skills.