Just days ago, Crypto.com announced the merge of its MCO and CRO tokens. Users have until November to swap their MCO tokens for CRO, this caused the MCO token to surge by more than 50%. Unfortunately, CRO didn’t react positively to the news and dropped from a high at $0.178 to the current price of $0.157. Investors seem to be extremely angry as the price of a Crypto.com card has increased significantly due to the upcoming token swap. Furthermore, it seems that the platform made no previous remarks to the merge of the tokens which took investors by surprise. CRO/USD daily chart Either way, CRO is still in a robust uptrend and bulls are currently defending the daily 26-EMA at $0.151. The only resistance level nearby is $0.178 although the daily 12-EMA at $0.1593 could pose a threat for the buyers. CRO’s trading volume has been significantly decreasing in the past week and the MACD just turned bearish. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next US: Trade deficit narrows to $50.7 billion in June vs. $50.1 billion expected FX Street 2 years Just days ago, Crypto.com announced the merge of its MCO and CRO tokens. Users have until November to swap their MCO tokens for CRO, this caused the MCO token to surge by more than 50%. Unfortunately, CRO didn’t react positively to the news and dropped from a high at $0.178 to the current price of $0.157. Investors seem to be extremely angry as the price of a Crypto.com card has increased significantly due to the upcoming token swap. Furthermore, it seems that the platform made no previous remarks to the merge of the tokens which took investors by surprise. CRO/USD… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
