Crypto.com Chain Price Prediction Today: Daily (CRO) Value Forecast – July 10

  • On June 22, the bears exhausted their bearish pressure and found support at the Ƀ0.00000537 price level .
  • The crypto’s price is above the 12-day EMA and the 26-day EMA.

CRO/BTC Medium-term Trend: Bullish

  • Resistance Levels: : Ƀ0.00000850, Ƀ0.00000900, Ƀ0.00000950
  • Support Levels: Ƀ0.00000800, Ƀ0.00000750, Ƀ0.00000700

Yesterday, July 9, the CRO/BTC  pair was in a bullish trend. On June 22, the bears exhausted their bearish pressure and found support at the Ƀ0.00000537 price level . The crypto commenced a range bound move above the support level. On July 3, the bulls break above the EMAs to commence a bullish trend. A trend line has been drawn to determine the duration of the bullish trend. A bullish trend is said to be ongoing if the trend line is unbroken.

The coin will be making a series of higher highs and higher lows. Each time the price test the trend line, the crypto's price will move up. However, a trend line is said to be terminated if the trend line is broken by a candlestick and another candlestick formed in opposite of it.

Meanwhile, the crypto’s price has reached the overbought region of the daily stochastic but above the 60 % range. This indicates that price is in a bullish momentum and a buy signal.

CRO/BTC Short-term Trend: Bullish

On the 1-hour chart, the CRO price was in a bullish trend. The 12-day EMA and 26-day EMA are trending northward indicating that price is a bullish trend. The crypto’s price is above the 12-day EMA and the 26-day EMA.

The crypto’s price is in a smooth uptrend. Nevertheless, the daily stochastic is in the oversold region but above the 60% range. This indicated that price is in a bullish momentum and a buy signal.

 

 

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

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Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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