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MCO

Cryptodotcom and wirecard: unlucky timingWhy i think that MCO still has a long way to go down: If you search the net for some info about Crypto.com you will find a lot of people that really don't trust the company (ponzi scheme) or lost their faith in it. People (like me) who live in Europe have waited very long for their crypto visa card to arrive. I got mine a few weeks ago. And a lot of people are still waiting. Recently Wirecard lost about 1.9 Billion (happens to me all the time). Well this is the card provider for crypto.com in Europe and the UK. So the card doesn't work anymore. (Still works in USA, and Singapore and maybe some other Asian countries?) Before this happened, people were already complaining about the value of MCO and that crypto.com doesn't care about the coin anymore and only about their "newer" coin CRO. I think this is the main reason why MCO started going downhill. Wirecard was the reason for a bigger drop past days. But why do i think it will slowly bleed to go down further: 1. People still have some MCO locked for the card that they didn't received, or in the earn function on the app and will probably start selling once they are set free because of recent news. 2. People will probably downgrade their card because it lost most of it's functions (no point on staking 4500MCO for 2% extra interest when a coin goes -20%). 3. Finding a new card provider will take (this is just my guess) at least a couple of months and more people will lose faith. 4. Fewer new interested people will be attracted. I sold a bunch MCO a couple of weeks ago because of bearish RSI on the daily chart. So i'll dca on the blue target points. first 2 boxes seem very possible. Next 3 will maybe happen if BTC takes a big hit. I pretty sure they will find a new card provider and that MCO will be a succesfull coin, so for me this wirecard bullshit came right on time. They have a very succesful team (more than 200 people), good exchange, popular second coin CRO, syndicates,.. Some other people will also take the opportunity to accumulate MCO cheap for the ICY white card, that seemed impossible a couple of weeks ago. The card program was where it all started, they can't let it die, we must have some patience :)
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by pol13337
3
The Sky is the Limit for CRO Crypto.comCrypto.com the number 11 Crypto currency of the world aims to increase the pace of mass adoption by welcoming its visa cards with bitcoin cashback systems or should we say (Coinback). CRO native token of Crypto.com has been on a rampage lately with a ever increasing fan base and new user lining up to get one of those fancy metal cards, But as an 10 year investment should We be snatching some Cro for the long term? I can not tell you what to do but I can share what I am doing, CRO will for sure find itself within the Top 10 Crypto Currencies of the world in this year alone, THE REALITY is that CRO and MCO have real good usability and a solid product, I personalally see it taking a spot next to binance the number 8th crypto currency of the world with 2,5 billion dollares on its market cap.
CLong
by Daimonik
Yo No La Paro $MCO #MCO @cryptocom Weekly Looking at our highest timeframe we can see MCO continues to respect its uptrend starting in 2019. Stochastic RSI showing momentum is in favor of the bulls with no signs of slowing down. The last 6 weeks have left price in a tight zone, struggling to close above $5.55 and below $5.10. Starting on the week of March 16 we also see a minor uptrend that leads to an ascending triangle, leaving us with the impression we will be breaking out. Daily Shifting over to our pattern timeframe we get a better look at our triangle pattern, stochastic rsi showing momentum was in favor of the bears before bottoming out. Price needs to close above $5.55 to reach our next target at $6.40, rejection from this level, and expect a sell-off to $4.58. The fundamentals behind this project have me convinced this project will be here for a while. A daily close above $5.55 activates our trade, rejection from this level, and we sell-off.
MLong
by UnknownUnicorn2434649
HODLing For A Month #MCO $MCO Weekly Looking at our trend timeframe we see the price has remained in its bearish trend since being introduced. Stochastic RSI showing momentum has bottomed out and we could be seeing a shift in the trend. Looking at our price action from last July to today we can see the price has formed a new low at 3,000 satoshis. Since then we have formed a higher low at 5,000 satoshis, and a higher high at 7,500 satoshis. MCO is in a minor uptrend and we should expect the price to continue to the upside. Daily Shifting over to our pattern timeframe we see the price respecting our uptrend, and looking to make another push to the upside after retracing about 62%. Stochastic RSI showing momentum is in favor of the bulls and will continue. MCO is an appealing coin because you get paid interest for holding their coin, and a debit card if you would like to allow you to spend your crypto. One of the few cryptos with a working product; its no wonder this coin has been on a steady growth path and not as volatile as other cryptos. A daily close above 6300 satoshis and expect the price to test 7,200 satoshis.
MLong
by UnknownUnicorn2434649
Can MCO Keep Running?This has been one of the best performing coins in all the crypto space since the summer of 2018 - and it doesn't appear to be slowing down any time soon. If Bitcoin doesn't cause a drastic fall to the market within the next few days - we can expect to see MCO continue climbing as high as 7700 sats before the first week of April. MCO is an amazing product that is bringing blockchain technology to the world - and it was just approved in the UK! Learn more about the card - and watch the video for this live TA by clicking the link in the signature. But most importantly - stay cryptic ya'll! Peace & Love, BK
MLong
by bdkelly1203