(CRO) Makes Move from January Floor

By FX Empire | FX Empire | 27 Jan 2022 Coin (CRO) finds early support after Tuesday’s rally. A move back through to $0.60 levels would bring November’s ATH into play.

Man use crypto currency app on a smartphone,trading exchange,digital business, (CRO) is a crypto platform designed to support the trading of all cryptos and all crypto-related services. Not just a trading platform, also allows users to earn, spend, and borrow against cryptos. Brand Ambitions

In recent weeks, the team has been particularly active. At the turn of the year, news hit the wires of buying Super Bowl LVI airtime following the announced sponsorship of U.S women’s pro soccer team Angel City FC.’s advertising and sponsorship campaigns are part of the platform’s bid to become a top 20 consumer brand.

Since the sponsorship news, however, has also had to face off with regulators over its advertising campaigns. With increased regulatory scrutiny, news hit the wires at the start of the month of the UK banning 2 ads. The platform’s response and commitment to working with regulators around the world was sufficient to avoid an out of market trend investor response.

Following the ad ban, continued its sponsorship campaign, with news hitting the wires of the platform sponsoring the Australian Football League (AFL).

While Coin has succumbed to crypto market forces since November, support has been evident in recent days.


Crypto.Com Coin Price Action

On Tuesday, Coin rose by 4.6% to end the day at $0.3920 versus a November ATH $0.9732. For the current month, however, Coin was down 30% to Tuesday’s close.

At the time of writing, Coin was up by 2.02% to $0.3999. For the bulls, the first key resistance level will be January’s high $0.5895. A breakout from $0.60 levels would bring December’s high $0.7774 and November’s ATH $0.9732 into play.

Price predictions have Coin nudging towards $1.00 levels later in the year.



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