Crypto.com Chain Price Prediction Today: Daily (CRO) Value Forecast – June 12


  • On June 3, CRO price reached a high of Ƀ0.00000950 overhead resistance.
  • On the upside, if the support level of the Ƀ0.00000800 price level holds, the crypto’s price will rise to break the EMAs and reach the bullish trend zone.

CRO/BTC Medium-term Trend: Bearish

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

Yesterday, June 11, the price of CRO was in a sideways trend. On June 3, CRO price reached a high of Ƀ0.00000950 overhead resistance. However, the bulls were resisted and the market had a downward correction to the low of Ƀ0.00000828 on June 4. The CRO market began to have a range bound move above the Ƀ0.00000700 price level. From the Fibonacci retracement level, the downward correction was made at the 0.786 Fib. retracement levels.

The current trend has been terminated.From the price action, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates the price is likely to fall. On the upside, if the support level of the Ƀ0.00000800 price level holds, the crypto’s price will rise to break the EMAs and reach the bullish trend zone.The crypto’s price has reached the oversold region of the daily stochastic but below the 40 % range. This indicates that price is in a bearish momentum and a sell 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 fluctuating below and above EMAs. 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.

 

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

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide