Source : coinquora.com
- Crypto.com moons to over +200% in the past 30 days.
- Crypto analyst sees a low time frame head and shoulders ahead.
Crypto.com (CRO) continues to blow the crypto world with its aggressive position in recent times. In detail, CRO was able to record a growth rate of over +200% in the past 30 days. This huge percentage makes the CRO community go wild that even analysts across the crypto world are now joining the CRO craze.
This made Nebraskangooner, a Bitcoin trader and crypto enthusiast, react in a tweet post:
Nebraskangooner stated that CRO might encounter a low time frame head and shoulders. In other words, traders and investors might find a window of opportunity when CRO starts a low time frame position. However, this state of CRO is risky and is not advisable for beginners in crypto. Therefore, it is recommended that novice traders use other indicators with lesser risk.
Meanwhile, CRO continues to rock the financial world with its never-ending network developments. Recently, CRO acquired the naming right for Staples center. This event enabled CRO to have a 20-year naming rights agreement over the downtown Los Angeles City stadium in California.
On the other hand, CRO remains mainstream as it keeps its price surging towards the moon. At the time of writing, CRO trades at a whopping price of $.68 per crypto. This price position of the crypto has a huge market cap amounting to over $17 billion. Furthermore, CRO is now one of the top 15 cryptos in CoinGecko. This is all thanks to the investors and the community that supports the digital asset.