The Crypto.com (CRO) price is currently struggling to make any significant gains since it reached its all-time high of $0.955 back in November of 2021. Although it has been successful in validating $0.065 as support, it has yet to break out from a long-term descending resistance line. In addition, both the weekly and daily Relative Strength Index (RSI) are failing to provide any bullish confluence, further strengthening the bearish outlook for the token. As such, it looks likely that the CRO price is going to fall to the ascending support line at $0.063, although a break from the $0.073 resistance area would invalidate this bearish interpretation and may result in an increase towards the $0.087 region.
Katie Turner
- 2023-03-30
Crypto.com (CRO) Struggling to Make Gains
Crypto.com (CRO) is currently struggling to make any significant gains since it reached its all-time high of $0.955 in November 2021. The Relative Strength Index (RSI) further strengthens the bearish outlook for the token, likely to fall to the ascending support line at $0.063. Breaking from the $0.073 resistance area may invalidate this bearish interpretation.
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