CRYPTO.COM CHAIN Price Prediction Today: Daily (CRO) Value Forecast – July 23

  • CRO/USD market has embarked on an increase in moving mote.
  • There could be choppy price movements soon if price fails to move further past B0.000008 mark.

CRO/BTC Medium-term Trend: Bullish

  • Supply levels: B0.00001, B0.000011, B0.000012
  • Demand levels: B0.000004, B0.000003, B0.000002

Before the emergence of the present upsurge in the market valuation of CRO/USD, the pair had once been in a ranging trend until about few hours into the July 22 trading session. Just about the third formation of 4-hour candlestick on the same last trading day that the crypto-market started on an increasing move to the north along with the trend-line of the Bollinger Upper Band.

The 50-day SMA indicator and the Bollinger Middle Band are around B0.000006 point. The Stochastic Oscillators have moved into the overbought zone.

it has indicated that the crypto-market is in its overbought condition. And, it’s most likely that a line of choppy price movements may feature soon if price cannot move further past B0.000008 mark.

CRO/USD Short-term Trend: Bullish

There has been an increase in the CRO/USD short-term market’s trend today as at the time of writing. The crypto’s value has once in the increase process averaged a high value of B0.000008 mark. The market’s trend yesterday also saw a bullish move. The Bollinger Bands are above the 50-day SMA indicator as they all still point to the north direction. The Stochastic Oscillators have briefly moved across range 50 from the top.

There is every tendency that this crypto will be struggling to push northwards from around B0.000007 and B0.0000065 levels.

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

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