- The CRO token price gains more than 300% in the past month.
- The CRO/BTC pair trades at 0.000013 BTC with a rise of 9.59%.
- The 24 -hours volume for CRO coin is $2.34 Billion, indicating a 120% hike.
The CRO token price action shows the price moving higher in a solid uptrend resulting in continued higher low formation in the 4-hour chart. Thus, a bullish reversal can from the support zone can lead to a bull run shortly.
The CRO price shows a bullish trend, with its price trading higher than all the crucial EMAs 50, 100, and 200. Moreover, the chart shows the EMAs ready to provide support in the 4-hour timeframe.
The coin price shows a rising bull run; however, the pivot point indicates resistance levels at the $0.88 and $1.05 mark if the price shows bullish continuation. Moreover, on the flip side, the support level is at $0.62 after the $0.48 mark.
Is It Too Late To Buy The CRO Token?
As we have already mentioned, the CRO Token price is showing growth in the present bull run. Moreover, the increase in trading volume indicates a rise in underlying bullish sentiments.
As of press time, the coin’s price is $0.7524. There has been an increase in value of 4.27% during the past 24 hours. CRO’s intraday trading volume also rose by 120%.
The RSI indicator indicates a rise for underlying bullishness as the slope rises above the 50% mark. The price action is consistent with the slope and enters the “nearly overbought”. The RSI indicator, therefore, gives a buy signal.
MACD indicators show that the MACD indicator is moving above the signal line, which is in a bullish alignment in the 4-hour chart. These lines are located above the centerline. This creates a buy sign.
Conclusion: From a technical perspective, the CRO coin shows a powerful bull run in action, evident by the multiple bullish engulfing candlesticks in the 4-hour chart. And, the price action shows higher chances of an uptrend surpassing the $1 mark in the near future.
Support – $0.62 and $0.48
Resistance – $0.88 and $1.05