#CROSS CROSS is currently hovering around 0.09719, having undergone a severe correction, barely maintaining above the key support level. The daily chart shows tight consolidation — market participants seem to be in a wait-and-see mode.
If buyers intervene, we could see a potential rise to the 0.30-0.40 range. On the flip side? Once it falls below, the decline could plummet it to 0.05. Technical indicators present a mixed picture: RSI shows an oversold area, while MACD still leans bearish. In order for the bulls to regain control, they need to push CROSS back above 0.12000 with strong volume support. Meanwhile, the bears are watching the daily chart close below the current support level to confirm further downside.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#CROSS CROSS is currently hovering around 0.09719, having undergone a severe correction, barely maintaining above the key support level. The daily chart shows tight consolidation — market participants seem to be in a wait-and-see mode.
If buyers intervene, we could see a potential rise to the 0.30-0.40 range. On the flip side? Once it falls below, the decline could plummet it to 0.05. Technical indicators present a mixed picture: RSI shows an oversold area, while MACD still leans bearish.
In order for the bulls to regain control, they need to push CROSS back above 0.12000 with strong volume support. Meanwhile, the bears are watching the daily chart close below the current support level to confirm further downside.