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Crypto.com Coin Price Analysis: CRO sets new all-time high at $0.58, more upside to follow?

CRO Price analysis

TL;DR Breakdown

  • 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.

Crypto.com Coin Price Analysis: CRO sets new all-time high at $0.58, more upside to follow? 1
Cryptocurrency heat map. Source: Coin360

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 Analysis: CRO sets new all-time high at $0.58, more upside to follow?
CRO/USD 4-hour chart. Source: TradingView

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.

While waiting for CRO to move further, see our guides on the Best crypto exchange, how to mine Crypto.com Coin Classic, and Cardano vs Crypto.com Coin.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Richard Adrian

Richard Adrian

Richard is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates him, he finds the intersection of both technology and finance mind-blowing. The firm belief that fintech will drive the future has brought him to the crossroads of Fintech discoveries and transmission of immutable data to a wider audience - Cryptopolitan.

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