CRYPTO.COM CHAIN Price Prediction Today: Daily (CRO) Value Forecast – July 16
- CRO/USD market is under a very light falling pressure.
- The CRO/USD market bulls’ possibility to move northward appears not achievable in near time.
CRO/BTC Medium-term Trend: Bearish
- Supply levels: B0.000009, B0.00001, B0.000011
- Demand levels: B0.000005, B0.000004, B0.000003
CRO/USD market is under a very light falling pressure not also being far from a range spot that it kept lately. The slightly falling of the pair took a turn down after being unable to push past the SMA indicator on July 15.
The trend-lines of the Bollinger Bands briefly point to the south as the 50-day SMA indicator is located over the Bollinger Middle Band around B0.000007 mark. The Stochastic Oscillators now consolidate in the oversold zone below range 20.
There is every indication that this crypto-market may not recover soon from its present drawdown in value. Meanwhile, its further drop in the market point won’t go with much force if the bulls are weak.
CRO/USD Short-term Trend: Bearish
The ONT/USD market bulls are expected as well to get set below $0.95 and $0.85 market lines market’s trend of CRO/USD in the short-term run also moves somewhat in a bearish outlook toady. The market's trend maintained a bearish format. The trend-lines of the Bollinger Bands to some extent point to the south.
The 50-day SMA indicator is located over the Bollinger Bands around B0.0000068 point. The Stochastic Oscillators now seemingly making an effort to cross a bit over range 20.
The crypto-trade may now take a while to muster up energy around B0.0000066 and B0.0000062 points. In the short-run of this market, the bulls’ possibility to move northward appears not achievable in near time.
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