CRO
CRO daily chart still intact?CRO daily looks as it may of hit the bottom
according to the DeMark 9 Indicator. Outlined
in the green oval was the crash that happened
the last week...CRO appeared it was going to
start an uptrend until then, if CRO can get back
up to $0.20 and hold it, it should make its way
back up and the RSI is way low and oversold and
should only be able to make a move upward.
When i overlaid CRO and BTC together, it became
very evident that they move togther.
IT ONLY TOOK 5 MONTHS TO GET HERE - CRYPTO.COM ANALYSISNext up on the list of coins to swoop is CRO/USDT
In our previous analysis we predicted the drop down from just under a dollar and identified our current level as a possible bottom for CRO as shown below;
Only took us 5 months but we got here lol.
Following a zig-zag correction currently, in theory, wave C of this pattern should be 61.8%, 100%, or 123.6% of wave A. If it extends to 161.8% then we can expect Wave C to be a wave 3 of a 5-way impulse move (this is why we should apply proper risk management).
Price has currently retraced 100% of Wave A and we'll be hoping it doesn't go beyond our possibble bottom zone aligned with the 123.6 fib support level.
Our targets provided we don't drop to the 161.8% fib support will range from $1.85-$3.6 dollars before a top is in.
Past analysis linked below.
If you agree, pls leave a like, share and comment your thoughts below.
As always, feedback is appreciated!
CRYPTO.COM A POTENTIAL GAME CHANGER!Festive Greetings to all.
Today we consider the trading pair CRO/USD
To start off, we will first look at the fundamental side of things.
FUNDAMENTAL ANALYSIS,
Crypto.com(CRO) is the next generation decentralized mobile payment protocol, the most efficient and secure way to pay and be paid in crypto, anywhere, any crypto, without fees.
Crypto.com Chain will deliver on its vision by developing innovative technology components and processes (inc. scalable encryption algorithm to protect users’ privacy, utilizing trusted execution environments, sustainable price stability mechanisms, user protection via PoGSD) catered specifically to cryptocurrency payment, while leveraging proven blockchain technology structural design elements.
Use cases included, but not limited to;
Offer some bank-like services - e.g., their Fiat wallet, CeFi/DeFi earn products and their unique Supercharger.
Allow you to send payments between CDC Visa card holders.
Have special cashback offers if you send crypto to other CDC users or buy their in-app gift cards.
Let you top up your phone with crypto.
And of course, promote mass crypto adoption with their smart initiatives.
In addition, CRO has a chain(CRONOS tho intertwined with the COSMOS chain) that has launched already and CRO is used to pay the gas fees (just like ether is used to pay gas fees on it's blockchain).
Whilst the protocol launched it's testnet in July earlier this year, facilitating more than 1.5million transactions already as at early november, CRONOS has announced the launch of it's mainnet beta in a bid to facilitate greater interoperability between the Cosmos and Ethereum Virtual Machine (EVM) ecosystems.
The release will enable developers to port decentralized applications and smart contracts from Ethereum and EMV-compatible chains to the Cronos network at a low cost and fast speed due to its Inter-Blockchain Communications (IBC) protocol integration. This will offer accessibility to Crypto.com’s 10-million-strong customer base.
Since its launch, the Cronos ecosystem has attracted over 20 validators, including Bison Trails, a number of prominent decentralized oracles, including Chainlink and Band Protocol, wallets MetaMask and Crypto.com, as well as partnerships with decentralized finance, nonfungible token and gaming platforms and projects.
Whilst having such solid fundamentals, It is still yet to be listed on the biggest exchange by volume which is BINANCE, along with other giants like KRAKEN, BITSTAMP, & BYBIT as well.
TECHNICAL ANALYSIS;
Respecting the Ascending Trendline still, a 5-way impulse move(GREEN)->(it seems) started late 2019 is currently in it's 4th (correction) wave. RSI also far from it's ascending trendline, a return to it's trendline along with Price action doing like wise will be great confirmation.
QQE indicator suggests the first scenario will play out, signalling a short position. (Great indicator btw by @lmatl, his scripts have helped me a lot)
Red(0.79) is for stop loss
Blue(0.41) is the 1st target
Green(0.22) is the 2nd target.
Best area to open a long is at the trendline.
If you agree with this idea, pls leave a like as well as your thoughts in the comments section.
Feedback is appreciated as always.
CRO close to supportHello everyone, let's take a look at the 1H CRO to USDT chart. As you can see, the price is moving below the local downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is SL1 - $ 0.2756, if the support breaks, the next one is SL2 - $ 0.2645 and SL3 - $ 0.2344.
Now let's move from the resistance line as you can see, the first resistance is T1 - $ 0.2959, if you manage to break it, the next resistance will be T2 - $ 0.3142 and T3 - $ 0.3297.
Looking at the CHOP indicator, we can see that the energy has been rebuilt in the 1H interval, so we can expect traffic in the coming hours.
It's worth remembering about stop loss!
CRO/USD multimillionaire retirement
This is an updated idea to my previous idea on the link above. The Idea that I am proposing to you, will help you become a millionaire before the retirement of age 65. I will cut down retirement age for you by almost half from age 18-48 instead of 18-65. Using this savings method you will retire 17 years earlier as a multi-millionaire. All this is made possible by cryptocurrency and you handling your own finance rather than giving it to some 401k retirement plan where you let others play with your money. The initial amount you need to get started with my proposed plan is 40,000 USDT. If you do not have that much you can start with 4,000 USDT, it will take longer, however, both path is still better than your traditional retirement plan. This is something that was not made possible before cryptocurrency and it is something I wish someone had told me in my senior year of high school. School is not everything and it's not needed for you to become a millionaire or a successful person. This method only takes about 30 mins for you to set up yourself and is 100% safe and low risk. With cryptocurrency we are now able to achieve financial freedom more easily, especially by handling your own finances through a method we call staking. There are over 17,000 cryptocurrency as of this writing and many coins in which you can stake from. For my example I will use CRO and tether, both I deem highly reliable and low risk. Both of these can give you an APY of 12% when staking through the crypto.com app when you stake 40,000 USDT or 40,000 USDT worth of CRO.
CRO STAKING or USDT - 12% APY
initial - 40,000 + 12% APY (4800) = 44800 year 1 || 4800 APY / 52(weeks) = 92x4 = 369 /mo off APY
initial + monthly with 12% APY after 5 yrs - 102,803 year 5 || 12,336 APY / 52 (weeks) = 237 x 4 = 948/ mo off APY
initial + monthly with 12% APY after 10 years - 264,184 year 10 || 31,702 APY / 52 (weeks) = 609 x 4 = 2438/ mo off APY
initial + monthly with 12% APY after 15 years - 679,052 year 15 || 81,486 APY / 52 (weeks) 1567 x 4 = 6268/ mo off APY
initial + monthly with 12% APY after 20 years - 1,745,537 year 20 || 209,464 APY / 52 (weeks) 4028 x 4 16,112/ mo off APY
initial + monthly with 12% APY after 25 years - 4,486,973 year 25 || 538,436 APY / 52 (weeks) 10,354 x 4 41,418/ mo off APY
initial + monthly with 12% APY after 30 years - 11,534,063 year 30 || 1,384,087 APY / 52 (weeks) 26,617 x 4 106,468/ mo off APY
^ USDT
CRO - .40 cents
initial - 40,000 + 12% APY (4800) = 44800 year 1 || 4800 APY / 52(weeks) = 92x4 = 369 /mo off APY
initial + monthly with 12% APY after 5 yrs - 102,803 year 5 || 12,336 APY / 52 (weeks) = 237 x 4 = 948/ mo off APY
initial + monthly with 12% APY after 10 years - 264,184 year 10 || 31,702 APY / 52 (weeks) = 609 x 4 = 2438/ mo off APY
initial + monthly with 12% APY after 15 years - 679,052 year 15 || 81,486 APY / 52 (weeks) 1567 x 4 = 6268/ mo off APY
initial + monthly with 12% APY after 20 years - 1,745,537 year 20 || 209,464 APY / 52 (weeks) 4028 x 4 16,112/ mo off APY
initial + monthly with 12% APY after 25 years - 4,486,973 year 25 || 538,436 APY / 52 (weeks) 10,354 x 4 41,418/ mo off APY
initial + monthly with 12% APY after 30 years - 11,534,063 year 30 || 1,384,087 APY / 52 (weeks) 26,617 x 4 106,468/ mo off APY
^ CRO STAKING @.40 cents. If CRO is at .40 cents 30 years from now you will still earn the above staking rewards.
Let's attempt to guess CRO's movement
CRO year 1 @.40 = 40,000 USDT /.40 = 100,000 CRO
CRO year 5 @.80 = 102,803 USDT /.80 = 128,503 CRO
CRO year 10 @1.6 = 264,184 USDT /1.6 = 165,115 CRO
CRO year 15 @3.2 = 679,052 USDT /3.2 = 212,203 CRO
CRO Year 20 @6.4 = 1,745,537 USDT / 6.4 = 272,740 CRO
CRO Year 25 @12.8 = 4,486,973 USDT / 12.8 = 350,544 CRO
CRO Year 30 @25.6 = 11,534,063 USDT / 25.6 = 450,549 CRO
^ This is the conversion CRO at it's highest price point on each 5th year to give you an estimate of how much CRO you'll have.
*none of these numbers are real, just an example*
CRO year 1 @.40 = 40,000 USDT /.40 = 100,000 CRO
CRO year 5 @.80 = 102,803 USDT /.80 = 128,503 CRO
CRO year 10 @1.6 = 264,184 USDT /1.6 = 165,115 CRO
CRO year 15 @3.2 = 679,052 USDT /3.2 = 212,203 CRO
CRO Year 20 @6.4 = 1,745,537 USDT / 6.4 = 272,740 CRO
CRO Year 25 @12.8 = 4,486,973 USDT / 12.8 = 350,544 CRO
CRO Year 30 @25.6 = 11,534,063 USDT / 25.6 = 450,549 CRO
CRO Year 30 @.40 = 11,534,063 USDT / .40 = 28,835,157 CRO - I do not think CRO will be at this price since there will not be enough in circulation
max supply = 25,260,000,000 meaning only ^ x 1000 people can do this.
If CRO is at 25.6 @ year 30 then 56,863 other participants can do this. This means that we would've dropped from the initial participants of 200,000.
-currently at .40 cents there can be 200,000 participants 200,000 x 100,000 CRO = 20,000,000,000B CRO; since currently 5.7B is locked in
-circuclating supply is 19,888,888,888 / 100,000 = 200k participants
Buy 100,000 CRO Year 1 (40,000 USDT) and stake until year 30 @ 25.6 USDT per CRO
100,000 x 25.6 = 2,560,000 USDT + 11,534,063 From staking
*Keep initial CRO of 100,000k and stake USDT from APY
YR 30 = 14,094,063 VS USDT Staking only of 11,534,063 USDT
------------------------
Now,
If you were to buy & stake CRO instead using the predicted price above, it should look something like the example below
CRO year 1 @.40 = 40,000 USDT /.40 = 100,000 CRO || 100,000 CRO 12% APY 12000 CRO / 52(w) = 230 CRO x 4 = 920(m) || compound monthly = 124,350 CRO YR 2.
YR 5 = 256,805 CRO
CRO year 1 @.80 = 40,000 USDT /.80 = 50,000 CRO || 50,000 CRO 12% APY 6,000 CRO / 52(w) = 115 CRO x 4 = 460(m) || compound monthly = 62,175 CRO YR 2
YR 5 = 128,402 CRO
CRO year 1 @.60 = 40,000 USDT /.60 = 66,666 CRO || 66,666 CRO 12% APY 8,000 CRO / 52(w) = 153 CRO x 4 = 615(m) || compound monthly = 82,920 CRO YR 2
YR 5 = 171,338 CRO
^^^^^^^^ This is the medium between .40 and .80, assuming we get some CRO at the lower end and some at the higher end, we should average around .60 cents per CRO
while buying/holding/staking for the duration of the 5 years.
171,338 CRO @.60 = 137,070 USDT after 5 years.
VS USDT Staking = 102,803 USDT after 5 years.
While using the medium of the price targets I have made, we will get a more accurate count/simulation of purchasing CRO throughout every 5th year for my prediction.
CRO year 1 @.80 = 137,070 USDT /.80 = 171,337 CRO || 171,337 CRO 12% APY 20,560 CRO / 52(w) = 395 CRO x 4 = 1581(m) || compound monthly = 213,117 CRO YR 2
YR 5 = 440,387 CRO
CRO year 1 @1.6 =137,070 USDT / 1.6 = 85,668 CRO || 85,668 CRO 12% APY 10,280 CRO / 52(w) = 197 CRO x 4 = 790(m) || compound monthly = 106,552 CRO YR 2
YR 5 = 220,151 CRO
CRO Year 1 @1.2 = 137,070 USDT / 1.2 = 114,225 CRO || 114,225 CRO 12% APY 13,707 CRO / 52(w) = 263 CRO x 4 = 1054(m) || compound monthly = 142,078 CRO YR 2
YR 5 = 293,592 CRO
293,592 CRO @1.2 = 352,310 USDT
CRO year 1 @1.6 = 352,310 USDT /1.6 = 220,193 CRO || 220,193 CRO 12% APY 26,423 CRO / 52(w) = 508 CRO x 4 = 2032(m) || compound monthly = 273,889 CRO YR 2
YR 5 = 565,976
CRO year 1 @3.2 = 352,310 USDT /3.2 = 110,096 CRO || 110,096 CRO 12% APY 13,211 CRO / 52(w) = 254 CRO x 4 = 1016(m) || compound monthly = 136,944 CRO YR 2
YR 5 = 282,987 CRO
CRO year 1 @2.4 = 352,310 USDT /2.4 = 146,795 CRO || 146,795 CRO 12% APY 17,615 CRO / 52(w) = 338 CRO x 4 = 1355(m) || compound monthly = 182,597 CRO YR 2
YR 5 = 377,344 CRO
377,344 CRO @ 2.4 = 905,625 USDT
CRO year 1 @4.8 = 905,625 USDT /4.8 = 188,671 CRO || 188,671 CRO 12% APY 22,640 CRO / 52(w) = 435 CRO x 4 = 1741(m) || compound monthly = 234,679 CRO YR 2
YR 5 = 484,944 CRO
484,944 CRO @ 4.8 = 2,327,731 USDT
CRO year 1 @9.6 = 2,327,731 USDT /9.6 = 242,471 CRO || 242,471 CRO 12% APY 29,096 CRO / 52(w) = 559 CRO x 4 = 2238(m) || compound monthly = 301,605 CRO YR 2
YR 5 = 623,272 CRO
623,272 CRO @ 9.6 = 5,983,411 USDT
CRO year 1 @ 19.2 = 5,983,411 USDT /19.2 = 311,635 || 311,635 CRO 12% APY 37,396 CRO / 52(w) = 719 CRO x 4 = 2876(m) || compound monthly = 387,633 CRO YR 2
YR 5 = 801,028 CRO @ 19.2 = 15,379,737
CRO Year 1 @.60 of 40,000 = 66,666 CRO = 40,000 USDT
CRO year 5 @.60 of 66,666 = 171,338 CRO = 137,070 USDT
CRO year 10 @1.2 of 171,338 = 293,592 CRO = 352,310 USDT
CRO year 15 @2.4 of 293,592 = 377,344 CRO = 905,625 USDT
CRO year 20 @4.8 of 377,344 = 484,944 CRO = 2,327,731 USDT
CRO year 25 @9.6 of 484,944 = 623,272 CRO = 5,983,411 USDT
CRO year 30 @19.2 of 623,272 = 801,028 CRO = 15,379,737 USDT
20Billion / 800k = 25,000 participants, if only 25,000 people can stake this amount of CRO at 19.2 then this is too good to be true. Very small minority are able to do this.
What does this mean? The price of CRO is way too cheap in 30 years. If we started with 200,000 participants then the real value of CRO should be able to be staked
By 200,000 participants.
IF we were to assume that 200k participants are still staking 30 years later
200,000 / 25,000 = 8
800k CRO / 8 = 100k CRO each staker
CRO = 19.2 x 8 = 153.6 USDT PER CRO?
If you do not sell any until the price target of 153.6 USDT
800k x 153.6 = 122,880,000 USDT
CRO Year 30@ 153.6 = 122,880,000 VS Tether staking @ 11,534,063 USDT
^ Maximum value if you never sell all 800k CRO
Realistic value is 11,534,063 - 122,880,000
If you hold at least 100k CRO at year 30 = 15,360,000 + profit of 700k CRO SOLD @ whatever price targets you sold.
^ Realistic value is 15,360,000 - 112,880,000 VS Thether staking @ 11,534,063 USDT
CRO staking VS Tether staking
You have a potential upside of 10x more than tether staking when staking CRO only.
Some people reading this might think it's too late to start staking. It's never too late. If you can't stake 40k for yourself, you can start with 4k for your kids. When they grow up to be 18 they will have a nice lump sum of cash. You can calculate for yourself using this website. Initial amount is 4k, you can add 40 mo with the 10% APY or add none.
You will save them either 22k or 44k, if they have 44k by the age of 18 then they can start the process that I am proposing you above.
www.investor.gov
If I was taught this in high school, I may have never gone to college at all. I feel like this is something all seniors in high school should learn about so they can have the choice to plan out their life ahead. If they want to continue with school at least they can earn money passively while going to school. If not this is a very viable way to retire early without needing a college degree or without working their entire life doing dead end jobs. People can also use this method to chase their dreams and goals while knowing they can have a back up plan and still live comfortably if all else fails. NO where else in life or any retirement plan will give you something near as good as this. No one gives a shit about you to tell you any of this, other than me lol. If you happen to stumble upon this, pass it along as there is room for all of us. Tether staking is available for all with infinite participants. 1 USDT will always be 1 USDT, no risk involved other than you questioning the current retirement plan you have going on. Banks do not give you more than 1% APY and they're only stepping their game up now due to staking rewards like these. Your financial freedom is at your own hands and we weren't born to be wage slaves. If you aren't willing to take a look at something for 30 mins to save you 17 years + millions to be made then I can't help you.
CRO, bullish opportunityHello Traders, here is the full analysis for CRO, let me know in the comment section below if you have any questions.
The ellipse could represent a possible zone with good risk/reward to accumulate long position.
Please note that all the information and publications hera are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. What you will find here, are only views of a Cat passionate about Finance.
Play That Crypto.com Coin / Cronos ($CRO-USD) Bounce! 💯What Is Cronos ?
Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.
Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.
CRO went live in November-December 2018.
Who Are the Founders of Cronos?
Cronos was launched by the Crypto.com company as part of its vision of “putting cryptocurrency in every wallet.” Crypto.com itself was founded in June 2016 as “Monaco Technologies GmbH” by Kris Marszalek, Rafael Melo, Gary Or and Bobby Bao.
Kris Marszalek, an alum of the Polish Adam Mickiewicz University, has founded and headed three companies prior to starting Crypto.com: consumer electronics design and manufacturing business Starline Polska, location-based service mobile app and platform YIYI and the e-commerce firm BEECRAZY.
Rafael Melo earned his bachelor’s degree in engineering from the PUC-Rio. Over his more than 15-year-long career in finance, Melo has worked with major companies in Asia and helped secure over 50 million AUD in funding for the Ensogo social commerce website.
Gary Or is a software engineer with over nine years of fullstack engineering experience. Prior to co-founding Crypto.com, Or worked as platform architect at Ensogo and co-founded the mobile app development firm Foris. He received his bachelor’s degree in engineering, computer science from the University of Hong Kong.
Before helping launch Crypto.com, Bobby Bao worked in the M&A department of the China Renaissance investment bank. Bao has studied at the University of Melbourne, NYU Stern School of Business and the College of William & Mary.
What Makes Cronos Unique?
CRO blockchain is mainly focused on providing utility to the users of Crypto.com’s payment, trading and financial services solutions.
CRO owners can stake their coins on the Crypto.com Chain to act as a validator and earn fees for processing transactions on the network. Additionally, CRO coins can be used to settle transaction fees on the Cronos Chain.
Within the framework of the Crypto.com Pay payments app, users can get cashback of up to 20% by paying merchants in CRO and up to 10% by purchasing gift cards and making peer-to-peer transfers to other users.
When it comes to trading use cases, the Crypto.com App allows users to earn token rewards for select listings by staking CRO.
Additionally, users can earn annual interest of up to 10-12% on their Crypto.com Coins by staking them on either the Crypto.com Exchange app or Crypto.com’s metal Visa Card.
Overall, CRO acts as an instrument that powers Crypto.com’s drive to increase the adoption of cryptocurrencies on a global scale. As such, the company is continuously working on finding and developing new use cases that will allow users to leverage the cryptocurrency to enhance the control they have over their money, data and identities.
CRO daily...whoa, are you ready for this?CRO Daily chart: well where do we start...the company is screwing everyone
with there horrible cuts in % staking rewards along with many other features
going into the toilet, but, the chart is playing out how it should. Take a look
at the white consolidtion box... .50 and .32 were the support and resistance
levels...and the DeMark 9 has read a triple bottom...only thing, it wicked under
the support but is holding right at it...I feel the sell off is bc of the horrible
email users recievecd over the lst couple days...lets see if it will hold support
here and make a move to the upside... the retracment to thje golden pocket
would be a nice spot for it to get back too and i could see that scenaro if
we hold here...if not, $0.22 could be the elevator down to. RSI is way oversold
as well which makes it a great floor.
Crypto.com ($CRO) DTF New FIB$CRO DTF in an attempt for sustainability as sealed their bid in reducing their Visa rewards rate. I was on board for all the reductions accept this one. Why would I give them $400k USD for an Obsidian Visa if they aren't going to give me any staking rewards? Huge oversight
0.5 test for the third timeBy closing this week and with the support of Bitcoin, we can earn 20% for the next weeks. I expect that the support will not bear next time.
*We are now on the way to testing the (0.5) for the third time.
This is only an expectation, not a recommendation, and you may lose.
CROUSD DailyPrice is now on the 4 hour ascending trendline, & lower timeframe demand zone. Watching price action here for a reversal, also it is possible that if price breaks the trendline can test key level support for a 3rd reaction for powerful movement. CRO coin has big future potential as it is highly sponsored & has alot of great utilities as well.