CRO price profit-taking reaction at the intended $0.15 target looks overpowering. A 21-day simple moving average could be viewed as the final supportive barrier for the Crypto.com uptrend. Invalidation of the downtrend scenario is a breach above $0.16.
Bitcoin price has halted all bullish production. The peer-to-peer digital currency has been experiencing erratic behavior since it hurdled the $21,000 barrier towards the end of July. Traders may continue to sideline their accounts in the coming days as the technicals suggest a wedging pattern is likely underway.
Solana price is struggling to recover from its downfall after the blockchain fell prey to a hack through external applications. Users revealed their funds were cleaned out, and wallets were compromised. The hack claimed 8,000 victims, draining the wallets of nearly $8 million. These events have resulted in a bearish sentiment among SOL holders and Solana’s recent decline.
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