Crypto.com Chain Price Prediction Today: Daily (CRO) Value Forecast – June 14


  • In a nutshell, on June 4, CRO price had a downward correction from a high of Ƀ0.00000950 overhead resistance to a low of Ƀ0.00000828.
  • The CRO market began to have a range bound move above the Ƀ0.00000700 price level.

CRO/BTC Medium-term Trend: Bearish

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

Yesterday, June 13, the price of CRO was in a bearish trend. In a nutshell, on June 4, CRO price had a downward correction from a high of Ƀ0.00000950 overhead resistance to a low of Ƀ0.00000828. However, the bulls were resisted twice before 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 price action, the crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that the price is likely to fall. Today, the bears have broken out the range bound move as the market is in a downtrend. The crypto’s price is likely to fall to reach the previous low of Ƀ0.00000750. The crypto’s price has reached the oversold region of the daily stochastic but below the 20 % range. This indicates that price is in a bearish momentum and a sell signal.

CRO/BTC Short-term Trend: Bearish

On the 1-hour chart, the CRO price was in a bearish trend. The 12-day EMA and 26-day EMA are trending southward indicating that price is in a bearish trend. The crypto’s price fell from the recent high Ƀ0.00000850 to a low at Ƀ0.00000780. 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.

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