CRO: Resistance Breakout
Crypto.com (CRO) technical analysis:
Trade setup: Bullish breakout above 200-day moving average and Down Trendline (see chart) could signal trend reversal, with upside potential to $0.10.
Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $0.055. The nearest Resistance Zone is $0.075, which it broke, then $0.100, and $0.125.
Trade setup: Bullish breakout above 200-day moving average and Down Trendline (see chart) could signal trend reversal, with upside potential to $0.10.
Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance: Nearest Support Zone is $0.055. The nearest Resistance Zone is $0.075, which it broke, then $0.100, and $0.125.
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