Crypto.com price rejection at the midpoint of the range at $0.1460 has resulted in a reversal.
Investors can expect a sweep of the equal lows formed at $0.1080 and $0.0983 before a change in trend.
A daily candlestick close below $0.0920 will invalidate the bullish thesis for CRO.
Crypto.com price shows the exhaustion and reversal of a bullish attempt at a significant resistance level. This development has caused CRO to trigger a sell-off that will likely continue before buyers step in.
Crypto.com price prepares for take-off
Crypto.com price created the last swing high at $0.1950 before crashing nearly 50% in less than two weeks. This development resulted in creating a range extending from $0.0983 to $0.1950 with a midpoint at $0.1460.
After this brutal sell-off, Crypto.com price formed a base and triggered a recovery rally that not just pushed to the midpoint at $0.1460 but cleared above it. While this move was a bullish no-doubt, the altcoin failed to sustain momentum, leading to...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...