CRO Price Prediction: Long-term (CRO) Value Forecast – July 13
- During the course of the CRO/BTC market's upward swings, the pair hit a strong point found around B0.000015 on July 12.
- It is important that the market doesn’t go down beyond the said point in its current retracement bid.
CRO/BTC Long-term Trend – Bullish
- Distribution territories: B0.000013, B0.000015, BO.000017
- Accumulation territories: B0.000004, B0.000003, B0.000002
Crypto.com Chain has been visibly pushing upwards to change the move from the last ranging trend that the crypto-trade kept for a while. On July 10, the crypto broke out the 50-day SMA indicator to register its path to the north. During the course of upward swings, the pair hit a strong point found around B0.000015 on July 12.
Shortly, the candlestick formed on that day almost completely got faded to signify strong retracement to now trade around B0.000008 mark of the market. The 50-day SMA is located a bit below the price line. The 14-day SMA is now briefly pointing to the north near the bigger trading indicator. The Stochastic Oscillators have headed up. And, they now attempt to close a bit below range 80.
The bulls’ foundation seems to have been built upon B0.000006 price line. Therefore, it is important that the market doesn’t go down beyond the said point in its current retracement bid. A breakdown of that point could result in getting a low market value around B0.000002 mark in the long run off the crypto-market.
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