Crypto.com Chain Price Prediction Today: Daily (CRO) Value Forecast – June 21

  • The market had a downward correction to a low at the Ƀ0.00000694 price level.
  • After the downward correction on June 4, the CRO price was in a range bound move above the Ƀ0.00000800 price level.

CRO/BTC Medium-term Trend: Bearish

  • Resistance Levels: : Ƀ0.00000850, Ƀ0.00000900, Ƀ0.00000950
  • Support Levels: Ƀ0.00000750, Ƀ0.00000650, Ƀ0.00000550

Yesterday, June 20, the price of CRO was in a bearish move. The 12-day EMA and the 26-day EMA are trending southward indicating that price is falling.The crypto’s price was resisted at the 26-day EMA as the bulls tested the moving averages. After the downward correction on June 4, the CRO price was in a range bound move above the Ƀ0.00000800 price level.

The CRO price bars are below the 12-day EMA and the 26-day EMA which suggests that price is likely to fall. On June 14, the CRO price had a bearish break as the crypto continues its depreciation. The market had a downward correction to a low at the Ƀ0.00000694 price level. Today the downward is continuing .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 a bearish trend. The crypto’s price fell and found support at the low at Ƀ0.00000680. 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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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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