- Crypto.com Coin price analysis is bullish today.
- CRO/USD set a new high at $0.58.
- Bullish momentum is still strong today.
CRO price analysis is bullish today as we saw a new all-time high set overnight at $0.58 while buying pressure still remains strong. Therefore, we expect CRO/USD to continue higher over the next 24 hours.
The overall market has seen bullish momentum continue over the last 24 hours. Bitcoin has gained 1.77 percent, while Ethereum 2.71 percent. Meanwhile, Crypto.com Coin (CRO) is among the best performers today, with a gain of over 9 percent.
Crypto.com Coin price movement in the last 24 hours: Crypto.com Coin continues to rally, sets new ATH at $0.58
CRO/USD traded in a range of $0.5077 – $0.5842, indicating a moderate amount of volatility over the last 24 hours. Trading volume has declined by 24 percent and totals $501.9 million, while the total market cap trades around $14.48 billion, ranking the coin in 15th place overall.
CRO/USD 4-hour chart: CRO looks to continue higher?
On the 4-hour chart, we can see bullish momentum still strong for the Crypto.com price action, likely leading to further highs over the next 24 hours.
Crypto.com Coin price has seen a strong advance this week. After a several-day retracement to $0.32 late last week, another higher low was set. From there, CRO/USD continued higher early this week, reaching $0.52 on Monday.
Retracement followed to $0.38, establishing a clear higher low before another push higher. This time $0.56 mark was reached on Wednesday. After a slight reaction lower, the third push higher followed yesterday.
Crypto.com Coin price gained another 20 percent, setting a new all-time high at $0.58. Since then, we have seen consolidation close to the newly formed high, indicating that bulls still want to test further upside.
Crypto.com Coin Price Analysis: Conclusion
Crypto.com Coin price analysis is bullish today as we saw another higher high set over the last 24 hours. Therefore, we expect CRO/USD to continue higher over the next 24 hours.