CRO Price Prediction: Long-term (CRO) Value Forecast – June 29

• CRO/USD market is now in a range since June 23 after a relatively bearish trending outlook.
• The market territories between B0.000006 and B0.000004 lines are expected to be the springing zones for the bulls.

CRO/BTC Long-term Trend – Ranging

• Distribution territories: B.000010, B0.000012, BO.000014
• Accumulation territories: B0.000004, B0.000003, B0.000002

After a slow-moving bearish trend of the CRO/BTC market, the pair has been trading in a range around B0.000006 price territory since June 23 until now. On June 25, the crypto’s price notably sprang upwards to briefly break past B0.000008 point and the 50-day SMA indicator.

The market has been pulled back downwards to continue to trade around the B0.000006 range spot. The 14-day SMA is a bit located above the range price line but, underneath the bigger SMA indicator trend-line. The Stochastic Oscillators are consolidating around range 20 and the oversold zone to simply signify an on-going ranging trend of the crypto-market.

The CRO/BTC bears have put the crypto-trade under falling pressures, and there is the possibility that the market may eventually move in a range to a low value at B0.000004. The market territories between B0.000006 and B0.000004 lines are expected to be the springing zones for the bulls.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.