Investment Disclaimer:

• I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only.
• Past performance presented here is not an indicator of future performance.
• This post expresses my own opinion about the cryptocurrency mentioned herein and is not an offer to buy or sell, or a solicitation of any offer to buy or sell the cryptocurrency mentioned in this post.
• I hold a long position in Crypto.com Coin (CRO) as a token holder.

0. What is Crypto.com and Cronos Chain ?

Crypto.com is a centralized crypto exchange based in Singapore. Besides offering crypto exchange and crypto derivatives trading experiences, Crypto.com also offers a Crypto.com Visa card to qualified individuals where you get a certain percentage of cashback in Crypto.com native token, CRO whenever you made any purchases with the card with other rewards. The more CRO tokens that you stake and lock-up with Crypto.com, the greater the rewards and cashback you would get. 

If you are interested in signing up an account/ getting a Visa card with crypto cashback rewards from Crypto.com, you may sign up with quantdoge referral link as follow:

https://crypto.com/app/j2dc67xe82

with the referral code of j2dc67xe82 , where both of us would get USD 25 once you stake for a Ruby card or above

"Cronos is the EVM compatible chain running in parallel to the Crypto.org Chain (opens new window). It aims to massively scale the Chain DeFi ecosystem, by providing developers with the ability to rapidly port apps from Ethereum and EVM-compatible chains, with funding from Particle B’s $100m EVM fund (opens new window)and access to the 10M+ user base of the Crypto.com ecosystem." - according to Cronos

1. Top 3 Good News for CRO HODLERS !!!

• CRO Explodes In Value As Crypto.com Marketing Campaigns Pay Off
  Statistic as of 2021-12-16 08:04 AM EDT: 36 positive votes, 0 negative vote
  
  The token has nearly quadrupled in value in November, dramatically outperforming the wider crypto market.
  
  (Extracted from Crypto Panic)
  
  
• Crypto.com ($CRO) ‘Staples Center Rally’ Continues, Latest 27% Surge Setting New ATH
  Statistic as of 2021-12-16 08:04 AM EDT: 36 positive votes, 0 negative vote
  
  (Extracted from Crypto Panic)
  
  
• Crypto.Com Launches OTC Portal for Institutional Clients as CRO Taps New ATH
  Statistic as of 2021-12-16 08:04 AM EDT: 11 positive votes, 0 negative vote
  
  CryptoCom has launched an OTC portal to enable institutional and VIP clients to make large trades as quickly as possible.
  
  (Extracted from Crypto Panic)

2. How Crypto.com Performs Relative to Other Cryptos ?

As of 15 Dec 2021, Crypto.com has made a cumulative return of 1,674.2% since Jan 2020 and 257.38%  since Jan 2021. It is currently the 15th greatest performing crypto asset since Jan 2021 as compared to the other cryptocurrencies presented above.

3. Technical Analysis on Crypto.com

3.1. Volume Weighted Average Price (VWAP)

VWAP is a technical indicator used by a trader to gauge the overall trend of an asset price movement. VWAP line (orange line) represents the volume-weighted average price (average price here is defined as the average of high, low and close prices) while close price line (blue line) represents the price when CRO is closed at the end of every single day. 

Whenever blue line (close price) is above orange line (VWAP), it indicates that the asset is gaining momentum and being traded higher than its average price level. This would represent a 'buy' opportunity for short-term momentum trader whom task is to trade following the trend while a longer term mean-revision trader might take it as a 'sell' opportunity, anticipating that the price of CRO (blue line) to fall to its average level (orange line).

Whenever blue line (close price) is below orange line (VWAP), it indicates that the asset is losing momentum and being traded lower than its average price level. This would represent a 'sell' opportunity for short-term momentum trader whom task is to trade following the trend while a longer term mean-revision trader might take it as a 'buy' opportunity, anticipating that the price of CRO (blue line) to rise to its average level (orange line).

As of 15 Dec 2021, VWAP is suggesting that CRO is gaining momentum following the wider market sell-of.

3.2. Moving Average Convergence Divergence (MACD)

MACD is often used by trader as a momentum indicator. There are 2 lines that form the above charts, namely MACD (12, 26) lines and Signal(9) line, while the histogram is calculated by subtracting Signal (9) from MACD (12,26). Histogram would fall to the negative territory whenever MACD (12, 26) is trending at a lower level than Signal (9) and rise to the positive territory whenever MACD (12,26) is trending at a higher level than Signal (9).

MACD (12, 26) is computed by subtracting the 26-day exponential moving average (EMA) of CRO closing price from its 12-day EMA. 
Signal (9) on the other hand is calculated as the 9-day EMA of MACD (12,26). 

As MACD (12, 26) goes higher away from Signal (9), it signifies that CRO is gaining momentum and whenever it goes trends at a lower level than Signal (9),it signifies that CRO is losing momentum. 

As of 15 Dec 2021, MACD is suggesting that CRO is losing momentum.

3.3. Bollinger Band

Bollinger band is often being used by mean-reversion trader as a gauge to assess how undervalued or overvalued an asset is. Its chart made up of 4 lines, namely:

- SMA (20) (blue line), which is the 20-day simple moving average price of CRO
- Upper Band (orange line), which is computed by adding 2 standard deviations of CRO on SMA (20)
- Lower Band (red line) , which is computed by subtracting 2 standard deviations of CRO from SMA (20)
- Close (green line), which is the daily closing price of CRO

Whenever close line (green) touches the lower band (red), it indicates that CRO is corrected too much and is being traded at an undervalued level, representing a 'buy' opportunity. On the other hand, whenever close line (green) touches the upper band (orange), it indicates that CRO is gaining too much momentum and is being traded at an overvalued level, thus indicating a 'sell' opportunity. 

As of 15 Dec 2021, Bollinger Band is suggesting that CRO is neither overview nor oversold.

3.4. Relative Strength Index (RSI)

Just like Bollinger Band, Relative Strength Index is often being used by mean-reversion trader as a gauge to assess how undervalued or overvalued an asset is. There are 2 psychological levels, i.e. 30 and 70 in RSI. Whenever the RSI reaches 30, it indicates that CRO is corrected too much and is being traded at an undervalued level, representing a 'buy' opportunity. On the other hand, whenever RSI reaches 70, it indicates that CRO is gaining too much momentum and is being traded at an overvalued level, thus indicating a 'sell' opportunity. 

As of 15 Dec 2021, RSI is suggesting that CRO is neither oversold nor overbought.

Based on the technical analysis presented above, quantdoge is neutral on the price action of CRO, but I could be wrong, hence please make your careful due diligence before making any financial decision. 

4. Crypto.com Risk Profile

Based on the 100-day 95% historical Value-at-Risk (VaR) profile of Crypto.com defined above, CRO seems to trade at a greater risk level on 15 Dec 2021 as compared to 10 days before on 05 Dec 2021, with its biggest pullback being seen at -19.73% on a single day during the last 100 days. However, I could be wrong, hence please make your careful due diligence before making any financial decision.

5. Monte Carlo Price Simulation for Crypto.com

How did quantdoge simulation perform vs the actual CRO price movement over the last week ?

Over the last 7 days, CRO is trading near the median percentile of all quantdoge simulations, indicating that CRO is neither oversold nor overbought, trading at a normal price level. 

6. CRO Community Analytics

Number of CRO Followers In The Past 24 Months

During the past 24 months, Crypto.com followers have grown 1,472.63 % from 90,249 to 1,419,284 on Twitter and grown 2,861.54 % from 4,428 to 131,137 on Reddit.

Monthly increment of Crypto.com Twitter followers peaked on Dec 2021 and its monthly increment of Reddit followers peaked on Dec 2021.

Number of CRO Followers In The Last 30 Days

In the last 30 days alone, Crypto.com followers have grown 19.62 % from 1,186,477 to 1,419,284 on Twitter and grown 25.3 % from 104,661 to 131,137 on Reddit.

Daily increment of Crypto.com Twitter followers peaked on 22 Nov 2021 and its daily increment of Reddit followers peaked on 24 Nov 2021.

7. Google Trends Analytics

Keyword 1: Crypto.com

"crypto.com" reached its peak on Google Search on 2021-11-21 with a Google Score of 100
Over the last quarter, "crypto.com" Google Score has increased 14.43 % from 40.2 to 46.0
Over the last 6 months, "crypto.com" Google Score has increased 222.81 % from 14.25 to 46.0

"crypto.com" is mainly sought on Google from Singapore where it's headquartered, follow by Guernsey and Cyprus this month.

Keyword 2: cronos chain

"ronos chain" reached its peak in Google Search on 2021-11-14 with a Google Score of 100
Over the last quarter, "cronos chain" Google Score has increased 74.7 % from 16.6 to 29.0
Over the last 6 months, "cronos chain" Google Score has increased from 0.0 to 29.0

"cronos chain" is mainly sought on Google from Italy, follow by Canada and Netherlands this month.

7. Developer Activity Analytics

Fork

Fork refers to the amount of time where the Github repo of current cryptocurrency is being copied. Higher fork number could mean that this cryptocurrency project is getting more interest in the developers community who likes to explore more on the deep technical of this project.

Cronos forks increased 98.06% from 103 to 204 in the past year.

Star

Star refers to the number of developers who bookmark the Github repo of current cryptocurrency. Higher star number could mean that this cryptocurrency project is getting more general interest in the developers community.

Cronos stars increased 71.69% from 166 to 285 in the past year.

Pull Request

Pull request contributor refers to developer who has made a successful improvement/ modification on the Github repo of this current cryptocurrency project. Higher number of pull request contributors could mean that there is a high number of commitment given by developers to this cryptocurrency project.

However, a low number also could mean that the developer community of this project applies a strict standard when it comes to code review, so only developers who have published a high quality code with highly impactful features got approved.

Cronos pull request contributors increased 33.33% from 12 to 16 in the past year.

If you like my analysis and articles, please follow me at @quantdoge for daily updates.

Follow My Twitter for daily updates: https://twitter.com/quantdoge