CROUSD - Seeing a lot of air.
Crypto.Com has been marketing heavily lately and where do one think this is being funded from?
It's no surprise that plenty of selling pressure exists despite the swath of interest (and signups) in its product.
Despite its recent debacle of removing staking rewards and then reinstating them, price has seen a bit of a reprieve, but for how long?
It'll need to develop a strong support level soon, but it looks like its still in price discovery.
A stronger support trend would be its long term trendline from Dec2020 and that could see price heading towards $0.19 again.
It's no surprise that plenty of selling pressure exists despite the swath of interest (and signups) in its product.
Despite its recent debacle of removing staking rewards and then reinstating them, price has seen a bit of a reprieve, but for how long?
It'll need to develop a strong support level soon, but it looks like its still in price discovery.
A stronger support trend would be its long term trendline from Dec2020 and that could see price heading towards $0.19 again.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.