What this 15% drop in Crypto.com price means for the future of CRO?
— Ready, Zone, Fourhour, Bearish, Moving, Price, Means, Future, Cryptocom, Drop — 1 min read
Crypto.com price is struggling to move past the $0.122 barrier and establish a directional bias. Recent attempt to retest the range high was unsuccessful and could lead to a steep correction. Investors can expect a 13% drop if CRO breaks below the 34-four-hour EMA at $1.120. A four-hour candlestick close above the 200 four-hours EMA will invalidate the bearish thesis for CRO. A successful flip of $0140 will indicate that the altcoin price is ready for more gains. A bounce off the demand zone is where bullish moves are likely to kick start, especially if Bitcoin price also corrects, as CRO price corrects.Cryptoo. Source