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Crypto.com has outperformed other crypto assets in 2021 and it wrapped it up in style. All that happened in the 4th quarter was signs that its gearing for massive gains. I was not that late i jumped in when it was trading around $0.18 before they got listed on COINBASE and it sky rocked whilst i was on board.
In that same quarter the following happened:
- Mainnet went Live - In November they had their mainnet live and this proved they were just getting started.
- Staples Center Deal - They signed a $700 million deal for 20years and they took over on the 25 December and on the second quarter of 2022 they will replace the Billboards and names on the stadium. Considering the number of events hosted in the Staples center we expect a huge adoption of the CRO since the majority will be using their metallic cards to stake CRO and buy and get cashback's.
- IG group 2 exchange Deal -They bought 2 US exchanges for $216 million and the deal is set to be sealed in the second quarter of 2022.
This was a nice foundation setup by CRO, they are so dedicated at marketing the CRO and there is no doubt that their exchange will become the second biggest to Coinbase if the continue like that.
CRO Technical
The above chart shoes that the price of CRO was going up nicely before it retraced. Then it later on broke out of the upper trendline and has now found support on the lower trendline as it is preparing to skyrocket. Currently we can safely say they are accumulating more orders preparing to takeoff, the arrow i included in the charts is showing how its likely to move.
Since this is a new year we are expecting a lot of good news from the CRO team to fully backup the bullish syndrome. CRO has proved to be a promising alt coin and its worth looking into.I am not a financial advisor but on this i can encourage not to miss it since it has so much to offer.
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