Crypto.com Chain Price Prediction Today: Daily (CRO) Value Forecast – July 5

  • On July 5, the bulls reached a high of Ƀ0.00000680 but were resisted as the crypto commenced a range bound move below the Ƀ0.00000680 overhead resistance.
  • From the Fibonacci tool, the crypto’s price is in the 0.236 Fib. retracement level.

CRO/BTC Medium-term Trend: Bullish

  • Resistance Levels: : Ƀ0.00000850, Ƀ0.00000900, Ƀ0.00000950
  • Support Levels: Ƀ0.00000600, Ƀ0.00000550, Ƀ0.00000500

Yesterday, July 4, the CRO/BTC was in a bullish trend. The 12-day EMA and the 26-day EMA were trending upward indicating that price was in a bullish trend.The crypto’s price is making a series of higher highs and higher lows. On July 5, the bulls reached a high of Ƀ0.00000680 but were resisted as the crypto commenced a range bound move below the Ƀ0.00000680 overhead resistance.

From the Fibonacci tool, the crypto’s price is in the 0.236 Fib. retracement level. This is a trend continuation zone for a trending market. Meanwhile, the crypto’s price has reached the overbought region of the daily stochastic but above the 80 % 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 the  26-day EMA are trending northward indicating that price is in 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 below the 20% range. This indicated that price is in a bearish momentum and a sell signal.

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The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.Yesterday, July 4, the CRO/BTC was in a bullish trend. The 12-day EMA and the 26-day EMA were trending upward indicating that price was in a bullish trend.

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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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