Cryptocom Coin Price Prediction – Is Now a Good Entry Point?

In our last Crypto.com Coin Price Prediction , we wrote that the price could reach $1 soon. The reason for this was the possible ABC sequence. We were at a subordinate GoldenPocket. Thus, since we had already performed a higher high, we expected to get a confirmed reversal there. However, the price then continued to fall. But how could it go on now? Do we have a good entry point right now? We'll enlighten you!

The Crypto.com Coin course was able to correct in the last few days up to the GoldenPocket. This GoldenPocket is priced at around $0.46. During the sell-off, Crypto.com coin price broke the $0.48 horizontal support, making it bearish for now. However, the price is currently fighting resistance to recapture it as support. If this happens, which we expect to happen, the price would look bullish again. We would expect another bounce of around 30%.

Aim at the major resistance area of $0.64 – $0.69. This resistance area was tested several times after the first sell-off and also acted as a strong resistance. As a result, we expect Crypto.com Coin price to test this resistance again soon.

The Crypto.com Coin price has decreased significantly in volume during the last sell-off. There has then been a small recovery to the upside where volume has steadily increased. Now there was another sale. The volume has also decreased there. Such behavior indicates that we are still in an uptrend. In an uptrend, sells trade with less volume than buys. Since the volume is currently very low, there could also be a large price movement soon. In which direction remains open. However, we tend to believe that the price will continue to rise for the time being.

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