Crypto.com (CRO): Price Is Under Pressure / Potential Breakdown

We are back with Crypto.com coin, where we see a good chance for a breakdown to happen.

We are seeing that while the price has been bouncing nicely from the bullish trend, we also have been seeing a few fakout zones near 200EMA.

As we see multiple failed attempts to breakout from EMAs we have not yet seen any attempts for potential breakdown from trend...which might happen soo, as we are under pressure now from both trend and 100&200EMA lines!

Swallow Team

Kommentera:

CRO coin made a nice movement, touching that lower supportive trend, where we got some sort of bounce from as well.

Although we had small bounce, we are looking for further movement to lower zones!

✅ We got +5.08% of marketprice movement