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$CRO Cryptocom Coin Price Prediction – Resistance Broken! Goal: $0.5

 


In our last Crypto.com Coin price forecast , we wrote about when the price could explode or what would have to happen for the price to explode. There we wrote about two trend lines. One that was above price and one that was below price, which had already led to a breakout. The price then ignored the lower trend line, however, the upper one continued to serve as resistance. Now the upper one has been broken. But how could things continue in the near future? We will inform you about the Crypto.com Coin course!


A few days ago, the Crypto.com coin price broke the upper trend line, which had served as resistance for a long time. On top of that, it seems like the price might break the $0.4261 resistance today. This breakout is very positive as we were in a possible descending triangle. Crypto.com Coin price has support around $0.32. As a resistance trendline has been closing in on this support, price should decide in one direction. The chances were higher that the price would break down. However, as this has not happened, we are rather bullish.


As we use resistance to decide where the Crypto.com Coin price might bounce next, we come to the conclusion that the next target is around $0.5. There the Crypto.com Coin course had often found support and resistance a few weeks ago. If we climb to this resistance, it would represent a price gain of approximately 12.50%. In general, we expect an average increase of 10% in the entire crypto market. We also expect that the bitcoin price could rally to $40,000 soon to confirm the break of the former support. After that, however, it could go down again.

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