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Crypto.com Price Analysis: CRO Token Gains 25% Within a Week

  • The CRO token price breaks above the several EMA’s during intraday.
  • The 24-hour trading volume is at $178 million.
  • CRO/BTC pair is trading positive by 6.2% at 0.00000552 BTC.

Moving Average (EMA) In the CRO token daily price chart containing 8,13,21,55 EMA, it is a reliable support for currency price movements. Investors can find that price moves below the yellow line and guarantee CRO uptrend as long as prices are above the moving average.

The volume (2.492 M) is below the 20-day moving average (11.253 M). The volume is moderate, so the cost is struggling for several days. Investors may also mark a decrease in volume. This indicates that unusual changes are normal on the following trading days.

CRO Token Price Gets Rejected From The Resistance

The daily price chart of the CRO token has been rejected from the resistance zone. Depending on the price action, the support area is within $0.18 & 0.20. On the flip side, the resistance range you should be watching for is $0.38 & $0.40.

The RSI showed a signal of 65 (bullish) with a short-term buy sign. Investors may find that the indicator’s RSI line is running upside. A rise can happen on future trading days.

The MACD shows a (bullish) cross above the signal line on October 25, indicating a buy signal for the currency. In addition, investors can see green bars in the histogram indicator.

Conclusion

Crypto.com Price Today is $0.352304, With a 24-hour trading volume of 177,576,298. The CRO price has increased by 5.8% over the past 24 hours. It has a total supply of 30.3 Billion REV coins and a circulating supply of 25 million CRO coins.

RSI shows a flat trend, and MACD indicates a buy signal. Traders have directed low volume. In fact, the cost has been rejected from the resistance zone. A market overview also shows that this pattern will continue to plunge in the coming trading days.

Resistance Level: $0.38 & $0.40

Support Level: $0.18 & $0.20

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Nikhil Ingole: Mr, Nikhil Ingole is a Chief Editor at The Market periodical with over five years of technical analysis & trading experience in Forex and Crypto. As a commerce graduate, he has taken a keen interest in blockchain's future potentials in the financial industry. A keen cryptocurrency enthusiast, he is very supportive of new media projects, pioneer ideas and the Bitcoin community. He possesses strong technical, analytical skills and is well known for his financial market's informative analysis. Other than crypto, Nikhil Loves to watch his favorite football team and keep up to date with the latest Formula 1 racing.