Crypto.com Chain Price Prediction Today: Daily (CRO) Value Forecast – July 26


  • The buyers and the sellers are undecided as price fluctuates below and above the EMAs.
  • The coin is in a bullish momentum and a buy signal.

CRO/BTC Medium-term Trend: Ranging

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

Yesterday,July 25, the price of the coin has fallen below the 12-day EMA and the 26-day EMA. The presence of small body candlestick indicates the crypto is likely to continue its range bound movement. The buyers and the sellers are undecided as price fluctuates below and above the EMAs. The 12-day EMA and the 26-day EMA are trending horizontally indicating that price e is in a sideways trend. The presence of small body candlesticks is the major issue of the sideways trend.

The small body candlesticks like the Doji and spinning tops describe the indecision between the buyers and sellers at the current market price. The coin will continue its range bound move as long as the small body candlesticks dominate the chart. Meanwhile, the crypto’s price has reached the oversold region of the daily stochastic but above the 20 % range. This indicates that price is in a bullish momentum and a buy signal.

CRO/BTC Short-term Trend: Ranging

On the 1-hour chart, the CRO price was in a sideways trend. The 12-day EMA and 26-day EMA are trending horizontally indicating that price is a sideways trend. The crypto’s price is above the 12-day EMA and the 26-day EMA. Nevertheless, the daily stochastic is in the oversold region but above the 20% 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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