At the time of writing, CRO is trading at $0.5385, representing a 6.15 percent growth in the previous 24 hours.
During this time period, the low was about $0.5002 and the high was around $0.5385. According to the most recent coin market cap statistics, the coin ranks as high as 16th due to its market cap. It’s on the watchlist of many traders.
CRO achieved an all-time high of $0.975 in November 2021, marking its all-time high. It currently has a daily volume of $253,577,262, a rise of almost 66 percent in the previous 24 hours. The overall supply of CRO is about 30 billion, with a circulating supply of 25.26 billion. CRO has a 0.66 percent market share.
OKEX, Bitget, and CoinTiger are the leading exchanges for trading it right now.
Technical Analysis
Moving to the technical side, starting from the weekly Time Frame, the major structure-wise, the price is still bullish but correction wise the price started breaking structure to the downside so minor structure is to the downside. Right now price is heading towards the weekly Order Block and has apparently tapped into that to some extent. Now it’s kind of ideal for the price of CRO to at least mitigate the half or equilibrium of the Order Block in order for us to consider that mitigated, which we are anticipating at the moment.
Moving down to the Daily Time Frame, the price did the process of inducement, which obviously was a trap for early sellers who probably were taken out. The weekly order block contains a mitigation Block on the daily time frame, which gives a high probability that it’d hold. Just below that, there was an imbalance that acts as a magnet, and the price of CRO has probably filled that. This mitigation block lies in confluence with the golden ratio of Fibo as well. Now on LTF if the price shows a reaction to this zone, shorts can be taken. Talking about invalidation, if this zone gets violated, this whole scenario will get invalidated, while talking about the targets, the level of $0.4311 can serve as one as that is a Quasimodo level and an order block as well.
Price Prediction – CRO
CRO has been one of the most strong and profitable currencies. People have benefited much as a result of this currency. Traders are quite positive about the project in the long run. CRO is an excellent investment, according to the wallet investor. In a year, the coin’s price is expected to reach $0.972. The price is predicted to rise roughly $2.954 in five years.
