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The value of CRO has skyrocketed once the Staple Center was renamed Crypto.com Arena.
After obtaining the naming rights to Staples Center in a $700 million contract, Crypto.com (CRO) jumped more than 50%.
At $0.6612, CRO has completed a 50 percent Fibonacci retracement.
If the all-time high of $0.085 is broken, the price may continue to rise until it reaches the Fibonacci extension levels of 100 percent and 127.20 percent.
Crypto.com (CRO) soared more than 50% after securing the naming rights to Staples Center in a $700 million arrangement.
CRO has achieved a 50 percent Fibonacci retracement at $0.6612.
If the all-time high of $0.085 is broken, the price may move to the Fibonacci extension levels of 100 percent and 127.20 percent.
CRO price prediction: a 50 percent Fibonacci retracement will be triggered.
After hitting an all-time high of $0.85, Crypto.com (CRO) has plummeted. CRO price has achieved a 50 percent Fibonacci retracement at $0.66 on the 4 hour timeframe. The closure of a Doji candle above the $0.66 level indicates that the selling bias is being supported.
A bullish engulfing appears to have closed on the most recent 4-hour candle, indicating a…