- com price shows upside signals amid a possible rounding bottom.
- Enthusiasts can expect an exponential surge from CRO after flipping $0.53 resistance to the support barrier.
- A daily candle close below $0.37 support will cancel CRO’s bullish narrative.
Crypto.com has its price at the mid-level of completing a bullish pattern. Thus, market players may expect massive profits for the alt even before the breakout appears. CRO seems ready to double its value in the coming few weeks.
CRO Price Ready for Explosive Upside
Crypto.com price shows no pausing signals as the al nears a crucial resistance zone around $0.53. CRO has gained 27% to its current value ($0.53) after bottoming near $0.37. Flipping this obstacle might be critical to catalyzing a massive upsurge for CRO price to hit the ceiling at $0.88. Such a move would fulfill a round bottom pattern for the altcoin.
Moreover, the technical setup highlights a gradual buyers’ resurgence that propels CRO back towards its highs. With that, Crypto.com can witness 88% upsurge from its current price. Depending on the uptrend momentum, the alt might stretch the upswings to retest its ATH at $0.97. Some scenarios would see bulls exploring the psychological peak at $1 and print a new record high.
Crypto.com (CRO) Partners with Cardlytics
A cryptocurrency-card program, Crypto.com Visas, declared new prizes via the partnership with a cashback platform Cardlytics. The new collaboration will allow US-based cardholders access to various rewards from varying retailers, including brands like Shake Shack, Sam’s Club, Adidas, Costco, Office Depot, and H&M.
Despite the bullish attitude of CRO price, the alt market depends on Bitcoin’s price movements. A U-turn by the bellwether crypto might mean a drastic fall by altcoins. For that reason, market players should watch Bitcoin’s directional bias whenever interacting with the altcoin space.
A sudden turn of events would see Crypto.com on a downward path. A 24hr candlestick close beneath $0.37 support will cancel the altcoin’s bullish thesis by forming a lower low. Such a move would likely mean bears’ favoritism and catalyze a fall, pushing Crypto.com’s price towards the 22 January swing low of $0.32.
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