Levels. This game has Levels to it.
CRO looking to carve out a bottom and get back to highs by the end of the year.
We have 2 simple targets, first spend a little time in a channel between 360 - 420
Target 1: 750 by mid December, give CRO a couple of weeks to reaccumulate to break resistance .
Target 2: 1,400 by the end of the year.
Kris, the CEO for Crypto.com recently tweeted about some key points that is going to have a very positive effect for CDC.
Quote
"On 1) we just received a large batch of metal cards for EU/UK which will lead to a massive reduction in backlog over the next few weeks.
Having completed the transition to Railsbank, we are now moving forward with implementing virtual cards, which will allow for instant usage."
Also CDC have joined the VISA fast track program. Visa is helping its 60+ Million merchants to enable Crypto payments.
WalletConnect and MetaMask are now integrated with Crypto.com Pay! Again, increasing their user base.
Canada soon able to use the Crypto.com Visa Card. Opening a huge market.
Margin trading in Beta, bring many more customer to its fantastic Crypto Exchange.
Plus many other smaller and just as important details.
Overall Very Bullish forCRO
CRO looking to carve out a bottom and get back to highs by the end of the year. We have 2 simple targets, first spend a little time in a channel between 360 - 420
Target 1: 750 by mid December, give CRO a couple of weeks to reaccumulate to break resistance .
Target 2: 1,400 by the end of the year.
Kris, the CEO for Crypto.com recently tweeted about some key points that is going to have a very positive effect for CDC.
Quote
"On 1) we just received a large batch of metal cards for EU/UK which will lead to a massive reduction in backlog over the next few weeks.
Having completed the transition to Railsbank, we are now moving forward with implementing virtual cards, which will allow for instant usage."
Also CDC have joined the VISA fast track program. Visa is helping its 60+ Million merchants to enable Crypto payments.
WalletConnect and MetaMask are now integrated with Crypto.com Pay! Again, increasing their user base.
Canada soon able to use the Crypto.com Visa Card. Opening a huge market.
Margin trading in Beta, bring many more customer to its fantastic Crypto Exchange.
Plus many other smaller and just as important details.
Overall Very Bullish for
CRONote
Follow the red line perfectly, expect 360 - 370 to be the floor on this sell off.Note
Low of 366 on Bittrex, right in the middle! Expect CRO to bounce back up to 420 region, before dipping slightly below 400, then finally breaking back up to push to over 500 satoshi in the next 7 days or so.Note
Survival mode for CRO fully expect to see a steady rise from here (340) or some serious questions need asked.They just made this "great" announcement also.
"🇦🇺 Crypto.com completed the acquisition of The Card Group Pty Ltd, securing an Australian Financial Service License.
💳 Preparations are underway to issue Crypto.com Visa Cards in Australia in 2021
"
Surely they wont be going to these lengths if the project was "iffy".
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.