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CRO

CRYPTO.COM COIN (CRO) FIB RETRACEMENT SCENARIO EARLY FEB 2022As you can see, BITTREX:CROEUR is still in a clear downtrend with a correction end-December 2021, CRO looks like is going to make a new correction/retracement, here is my scenario: What makes CRO Long (for the next weeks, globally still in a downtrend)? Strong bullish candle Crossed RSI for the first time since last retracement Till where is the to coming retracement to go? Last retracement reversed at around 50%-61.8% fib level To coming retracement is very likely to reverse around the same levels Retracement or Trend Reversal? movement looks like a retracement, BUT, Crypto.com has recently made an NFT marketplace, and built a Stadium Crypto.com has big upcoming projects Therefore, new investors may buy CRO and pump the price What about long term? Crypto.com has huge potential to hit >10$ maybe it might be within the next five years and with inflation creeping up people are looking for places to put their money to hold its value and coins like CRO will always attract attention as they market their brand and project very well. You don't need to buy the current dip, there will certainly be many other possiblilities Is the price likely to pump again like it did in November 2021? Most likely NOT, in the next months, maybe in the future ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ If you enjoyed this post and agree with me, a like and a sub would be very nice : ) Stay updated for more content Have a nice Day : ) Bye! -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Long
by xtekky
CRO could hit a massive run any day nowWith the tightening of the bull flag pennant (or so what I see it as), I see CRO popping off anytime soon. With further bullish divergence on the 4 hour chart at our current low, I see this as further support for the idea. This rally could be brought by news or simple reversal. Targets are above 1$, however I would be cautious, as I see us having strong resistance at all time highs. I currently have a trade active at the moment with a target of 0.8$ This is not financial advise.
COINBASE:CROUSDLong
by ASA2001
1
BTC possible drop : Alt-seasonAlts are popping as BTC funds move out of btc into other coins. But I believe the next phase will play out just as it did in previous months. BTC still has not filled the previous low around 42,300$. Alts are moving up in anticipation of the next drop. I expect the moves to be something as follows: -alts move up to MA (currently happening) -Btc drops (probably hard and heavy) -alts drop following btc drop (a good buy opportunity for alts imo) My personal trade plan is to wait for btc to drop down towards previous low to create a Higher low. This would be my entry point. Not into BTC but into altcoins. Happy holidays everyone.
COINBASE:BTCUSD
by The_Yeager
CRO in 2024: one of the worst scenarioOne of the worst scenario is that Crypto.com in unable to find new applications for CRO in which case we can lose 95% of the value against BTC. It all depends on how well Crypto.com is able to utilise the Crypto market potential, execute new products and how well attract new customers, particularly organically. Currently, the new audience from organic channels and paid channels may be 50/50. Most loyal customers typically come from organic channels so how well Crypto.com can engage most loyal customers besides attracting new users without sacrificing quality is the key. No financial advice.
by hhhhhhhhh9
CRO in 2024?I have no simple answer to this: 1. if mass adoption continues as explosive as 2021Q4, it can beat BTC in which case the valuation can be extraterrestrial. 2. If mass adoption gets hindered and crypto will regularised, banned, then the prospects are minor. 3. Scenario: something inbetween? It is as important for an utility coin to find new users as to find new usage areas such as Defi, NFT, VISA -- we need to find broader set of applications to make CRO go to the moon besides new users. What could be the nnext applications, DEFI solutions set up CRO? CRO Name Services could be one like ETH Name Services, others? No financial advice.
by hhhhhhhhh9