Crypto.com Chain Price Prediction Today: Daily (CRO) Value Forecast – June 28
- The CRO coin is consolidating for a possible reversal.
- Buyers are expected to emerge at the oversold region of the market.
CRO/BTC Medium-term Trend: Bearish
- Resistance Levels: : Ƀ0.00000850, Ƀ0.00000900, Ƀ0.00000950
- Support Levels: Ƀ0.00000750, Ƀ0.00000650, Ƀ0.00000550
Yesterday, June 27, the CRO/BTC pair was consolidating. From the price action, the crypto's price was consolidating for a possible reversal . From the Stochastic indicator the CRO coin has reached the oversold region of the market. Buyers are expected to emerge at the oversold region of the market. 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 market had a downward correction to a low at the Ƀ0.00000532 price level. 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 above the 40% range. This indicated that price is in a bullish momentum and a buyl signal.
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