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Price Action in CRO Market Double Bottom; Violent movement
CRO/USD Price Analysis September 27
A break of the $0.130 resistance level may push the CRO to $0.141 and the price will target the $0.157 resistance level, due to the current bullish activity. Failure to break the resistance at the $0.130 level could reduce the price to support levels at $0.110, $0.100 and $0.091.
Resistance zone: $0.130, $0.141, $0.157
Support Zone: $0.110, $0.100, $0.091
Kronos price long-term trend: bullish
Kronos is bullish on the long-term view. A bullish chart pattern created on a daily time frame is called a double bottom chart pattern. The $0.100 support level was tested twice; The first touchdown was on June 18, the second touchdown was on September 21. The price is rising to the $0.130 resistance level.
Currently, the daily bullish candles that form above the $0.110 level are an indication that the bullish movement may continue. The coin has reversed the 21-day EMA and the 9-day EMA. A break of the $0.130 resistance level may push the price towards $0.141 and the price will target the $0.157 resistance level. Failure to break the resistance at the $0.130 level may cause the price to decline to support levels at $0.110, $0.100 and $0.091. Meanwhile, relative strength index period 14 is rising above 50 levels as a buy signal.
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CRO/USD Medium Term Trend: Bullish Movement, Trust Scheduled to List on OKX.
CRO is bullish on the medium-term trend. Bears were unable to push the coin further as the price of CRO dropped to the $0.100 support zone over the past two weeks due to low momentum coupled with a strong support zone.
As bulls break the losing trend, the price will pull back. The $0.110 resistance level has entered the upside. The price is above the 21-day EMA and the 9-day EMA as the two EMAs move away from each other. The relative strength index period 14 is a signal line point indicating an increase in the price of Kronos at 54 levels.
Stay tuned to the crypto news feed here on InsideBitcoins for more updates on Tamadoge’s first exchange listing as the September 27th listing date approaches. The OKX website announced that the TAMA withdrawal will be open at 13:00 UTC on the listing day.
Tamadoge – Meme Play to earn coins
- Get TAMA in battles with Doge’s pets
- Sealed Supply of 2 Billion, Token Burn
- Presale collected 19 million dollars in less than two months
- The upcoming ICO on the OKX exchange
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