X

Crypto.com Coin Price Analysis: CRO Coin Price Is All Set To Rally For $1 In Future

  • CRO coin price is currently seeing a strong upside trend and can soon surpass its all-time high. It has observed a gain of more than 15% in the past 24 hours.
  • Technical indicators of Crypto.com hints towards a strong bullish momentum in the upcoming days. Meanwhile, the CRO/BTC pair is up by more than 14% in the intraday session

Why Invest In CRO Coins?

CRO coin price is currently observing a strong upside trend and can soon test the new high.. Crypto.com’s price is up by more than 15% in the past 24 hours and is trading near the value of $0.478. Crypto.com native coin is CRO and 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 asset has been formed in 2018 and is formed by kris. CRO coin price is currently in a bullish momentum and can soon see a new high.  CRO/BTC pair might also see a new high in the future. One can invest in the token according to their needs and risk capacity.

Technical Indicators Of CRO Coin Price Suggests A Strong Upside Momentum

Source: Trading view

The weekly technical chart of the CRO coin suggests a strong bullish trend in the upcoming days. The upside trend of the asset can face a hostility near $0.55.  The bounceback region of the asset coin can be found near $0.4. 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 $0.28making it a temporary bounceback region for the price. CRO price has formed a strong bullish engulfing pattern in the daily chart which can push the price to a new high. If the coin price jumps above $0.55 then a strong rally in the future can be seen. CRO/BTC pair can see a new high in the upcoming days.

Conclusion

CRO  coin price is currently observing a strong momentum which can push the price to a new high. CRO/BTC pair can see a new high in the future. An Investor should do their due diligence before investing.

Technical Levels

Major Support:$0.4

Major Resistance:$0.55

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.