Crypto.com Chain Price Prediction Today: Daily (CRO) Value Forecast – June 6

  • CRO/BTC trade has been trading in a range with a weak moving force.
  • The bulls are expected to make a come-back in the CRO/BTC market in near time.

CRO/BTC Medium-term Trend: Ranging

  • Resistance levels: $0.90, $1, $1.10
  • Support levels: $0.50, $0.40, $0.30

The market valuation of Crypto.com Chain versus the BTC has been basically featuring different moves in a range. The choppy price movements have been showing up around $0.080 and $0.60 price levels.

Equally, the market movements have been so weak in their moving force. All the trading indicators are also found trending almost towards the east direction. The stochastic Oscillators are now deeply consolidating within the overbought zone.

The crypto-market may still have to dip slightly further to have a good sitting formation that the bulls may eventually build upon. However, the bears’ moving force may tenderly be on in achieving that price formation.

CRO/BTC Short-term Trend: Ranging


Today’s trading activities of CRO/BTC market have been coming in a range executing manner. The market’s short-term trend chart depicts its range spots around $0.70 and $0.60 marks. The Bollinger Bands are located underneath the 50-day SMA. The Stochastic Oscillators are now in a consolidation moving mote around the overbought zone.

The CRO/BTC trade now appears getting slow in the price movements to the southbound. As a result, the bulls are expected to make a notable come-back as soon as the bears fail to hold their driving force past the Bollinger Lower Band trend-line. Investors may consider joining the crypto-economy now.

Crypto.com Chain: Please add a valid coin_id. You can get it from coin page’s url (slug or short name).

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

WAVES Price Prediction Today: Daily (WAVES) Value Forecast – June 5

Waves-is-Looking-to-Raise-a-Whopping-USD-120-Million-Via-its-Private-Funding-Round
  • WAVES/USD trade has been moving in a consolidation manner to the south.
  • Placing or joining the WAVES/USD market now seems to call for an indecision trading psyche.

WAVES/USD Medium-term Trend: Bearish

  • Distribution territories: $2.80, $3, $3.20
  • Accumulation territories: $2, $1.80, $1.60

Waves price valuation hasn’t been able to come out of the slight selling pressure been exerted on it by the US dollar. As at now, the market movements to the south have been slowing down around the Bollinger Lower Band’s trend-line.

The 50-day SMA is located over the Bollinger Middle Band with a small space between them. The Stochastic Oscillators are now consolidating around range 20 to indicate that the downward market movement seems not to have been exhausted fully.

The cryptocurrency may soon begin a pull-up moving style to find a price point around the Bollinger Middle Band and the 50-day SMA that could suit the bears’ entry once again.

WAVES/USD Short-term Trend: Ranging


In the short-term run of the WAVES/USD market, price line has been dominated by a different number of lower lows than lower highs. The reason for that is justifiable by the fact that most of the crypto’s trading operations have been carried out below the trend-line of the 50-day SMA indicator.

The Bollinger Bands are as well flatly trending toward the east direction. The Stochastic Oscillators now attempting to crosshairs at range 40.

The market may continue to rise and fall in a range moving manner as long as the 50-day SMA is located over the market trading area. However, a break out of the SMA indicator could be an important notification that the bears would be losing out in energy in near time.

Waves:

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

Harmony Token (ONE) Surges by 800% Over 24-Hour Period Due to Binance IEO

Harmony Token (ONE) Surges by 800% Over 24-hour Period
  • Within just 4 hours of its launch, Binance’s new DEX platform witnessed more trade activity than what IDEX saw over a 24-hour period.
  • Harmony’s market capitalization since yesterday afternoon has exceeded that of Binance’s BNB token.

Harmony (ONE) — an altcoin that is part of Binance’s latest IEO offering— has seen its value surge by a whopping 800% since yesterday afternoon, thereby increasing the currency’s total market cap to around the $600 million mark.

At this point, it should also be highlighted that this digital asset is the first crypto offering to debut simultaneously on Binance’s regular native trading platform as well as its newly-launched decentralized exchange— Binance DEX.

In regards to this development, we should also mention that over the course of the past few weeks, Binance’s executive brass has been able to generate considerable buzz around the ONE token — primarily by promoting a new free giveaway campaign in relation to the coin.

More on the Matter

Harmony was a little known project before its partnership with Binance, however, since its launch, the token has been on a financial tear.

On the subject, a popular crypto analyst was quoted as saying:

“It’s up by 800%+ from (the) IEO. Wouldn’t recommend chasing this. I’ve been eyeing this for a while. This has very huge hype. But not gonna buy at this price. Will wait for dips in the coming weeks. If it moons hard, I don’t mind missing this. Plenty of other choices.”

  • Binance’s DEX platform witnessed more trade activity within a 4 hour time period than what IDEX — one of its closest rivals — saw in more than a day.
  • Since the beginning of May, Binance has been experiencing a pullback of sorts because of its recent $41 million hacking scandal.
  • Over the course of the past 2 weeks or so, Binance’s native token offering (the BNB Coin) has been experiencing a massive monetary surge — with the premier altcoin reaching a price point of $35 for the first time recently.
  • According to a research piece released by Binance a few days ago, the firm has revealed that the crypto market is currently experiencing a “changing trend” that is helping the global investor community view assets like BTC, BCH in a positive light once again.

Final Take

In closing out this piece, we need to point out that since the start of the year, more and more institutional investors have continued to enter this nascent market space. It now remains to be seen how the future of this industry plays out from here on end.

“}” data-sheets-userformat=”{“2″:513,”3”:{“1″:0},”12”:0}”>Latest Binance News and Crypto Exchange Updates

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Shiraz J