The took 5 months but we are up 50% so far.
Patience has paid off as price action breaks through resistance as it retest Fibonacci levels back towards 100% Fib Correction.
CRO surged after Trump Media & Technology Group filed for a “Crypto Blue Chip ETF” on July 8, allocating 5% to CRO. The ETF would track BTC (70%), ETH (15%), SOL (8%), XRP (2%), and CRO, with Crypto.com’s custodial arm securing assets. Approval would funnel passive institutional flows into CRO, driving demand.
Institutional tailwinds: SEC closed its Crypto.com review, boosting confidence.
Patience has paid off as price action breaks through resistance as it retest Fibonacci levels back towards 100% Fib Correction.
CRO surged after Trump Media & Technology Group filed for a “Crypto Blue Chip ETF” on July 8, allocating 5% to CRO. The ETF would track BTC (70%), ETH (15%), SOL (8%), XRP (2%), and CRO, with Crypto.com’s custodial arm securing assets. Approval would funnel passive institutional flows into CRO, driving demand.
Institutional tailwinds: SEC closed its Crypto.com review, boosting confidence.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.