Chain Price Prediction Today: Daily (CRO) Value Forecast – July 3

  • The crypto’s price fluctuates between the levels of Ƀ0.00000500 and Ƀ0.00000650.
  • The market was on a downward correction to the low at Ƀ0.00000500.

CRO/BTC Medium-term Trend: Ranging

  • Resistance Levels: : Ƀ0.00000850, Ƀ0.00000900, Ƀ0.00000950
  • Support Levels: Ƀ0.00000550, Ƀ0.00000450, Ƀ0.00000350

Yesterday, July 2, the CRO/BTC was in a sideways trend. The 12-day EMA and the 26-day EMA were trending horizontally indicating that price was in a sideways trend. The crypto’s price fluctuates between the levels of Ƀ0.00000500 and Ƀ0.00000650. The upper price level was formed when the CRO market reached a high of Ƀ0.00000650 but was resisted. The market was on a downward correction to the low at Ƀ0.00000500.

This was how the crypto formed its range. Today the bulls tested the Ƀ0.00000650 resistance level  but were resisted. The price of CRO fell to the support of the EMAs. After the downward correction on June 27, the CRO price was in a range bound move above the Ƀ0.00000500 price level. The CRO price bars are above the 12-day EMA and the 26-day EMA which suggests that price is likely to rise. The crypto’s price has reached the overbought region of the daily stochastic but below the 80 % range. This indicates that price is in a bearish momentum and a sell 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 bulls tested the overhead resistance at Ƀ0.00000640 but were resisted. Nevertheless, the daily stochastic is in the oversold region but below the 40% range. This indicated that price is in a bearish momentum and a sell signal.


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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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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