Unlike BTC, ETH, ADA, LINK, DOGE... all coins continuing the struggle to renter bull market territory, CRO is hovering well above bull market support bands -- 20w sma & 21w ema -- nuzzled in just under $0.50.
If BTC bitcoin continues to _not crash_, I can imagine us moving towards the pools of liquidity visible in the VPRV around $0.52 and $0.69. On the downside, the bull market support bands should act as decent support. But a quick -17% tumble would get us there.
We have a rising resistance line above our heads too. It's likely holding us down now since Jan 5th.
This might turn out to be the last days where the accumulation indicator shows green.
Who's buyin'? I'm bought in, and staked here myself personally since early 2020. Last year was a good year for CRO.
If BTC bitcoin continues to _not crash_, I can imagine us moving towards the pools of liquidity visible in the VPRV around $0.52 and $0.69. On the downside, the bull market support bands should act as decent support. But a quick -17% tumble would get us there.
We have a rising resistance line above our heads too. It's likely holding us down now since Jan 5th.
This might turn out to be the last days where the accumulation indicator shows green.
Who's buyin'? I'm bought in, and staked here myself personally since early 2020. Last year was a good year for CRO.
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* ftx.com/profile