Crypto.com Expands Across EEA After Securing MiCA License in Malta
Crypto.com Expands Operations: Crypto.com has secured a MiCA license, enabling it to operate across all EEA member states and enhancing its regulatory standing in Europe. The exchange plans to introduce stock trading, banking features, and an ETF focused on its native token, Cronos (CRO).
Performance of Cronos Token: Despite these expansions, the value of Cronos (CRO) remains significantly lower than its all-time high from November 2021, currently trading at 90% less, with recent declines noted in daily, weekly, and monthly performance metrics.
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Technical Analysis for CRO
Technical Sentiment Analysis for Cronos (CRO) As of , Cronos (CRO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CRO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CRO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Cronos (CRO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.051 | 0.0592 | 0.0694 | 0.0776 | 0.0878 | 0.096 | 0.106 |
| Fibonacci | 0.0592 | 0.0662 | 0.0706 | 0.0776 | 0.0846 | 0.089 | 0.096 |
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