Cryptocom in Bearland- Like most altcoins, CRO remains deep in its bear market.
- Until BTC rallies significantly, altcoins will likely stay overshadowed.
- BTC dominance (BTC.D) is climbing near 60%, putting pressure on altcoins.
- As always, check the bubbles, follow the trends
- Everything you need is in the chart.
- What’s the best approach?
- Be patient and continue DCA.
- Buy at the good time.
Buying CRO in this market:
Option 1: Wait for a return to the bottom around $0.05—(ideally a full-buy range).
Option 2: Wait for a breakout and weekly close above $0.10 for confirmation.
- Whether trading or holding, consider taking partial profits on the way up.
- For the short term, consider taking profit around $0.50, as there’s resistance in this area.
- For those waiting on the altcoin bull run, a max target of $1.5 to $2.5 is reasonable.
Happy Tr4Ding !