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After an all-time high, CRO drops by 55%: The Week’s Biggest Losers

CRO has been declining after hitting an all-time high of $0.97 on November 24. So far, the downward trend has resulted in a low of $0.36 on December 4.

The coin has now rebounded, but it is still trading at a 55 percent discount to its all-time high.

CRO, on the other hand, is trading close above the $0.42 support level, which corresponds to the 0.618 Fib retracement support level. At $0.32, there is additional horizontal support.

After the Cryptocurrency market saw a massive dip from last week, some coins experiences the worst dip.

These are the cryptocurrencies:

Ravencoin (RVN) has a -16.71 percent loss.
Helium (HNT) is witnessing a -15.35 percent decrease.
-14.51 percent is observed by Loopring (LRC).
Cosmos (ATOM) has a -12.52 percent drop.
-8.03 percent in Decentraland (MANA).
-7.56 percent for Filecoin (FIL). Coin (CRO) has lost 5.88% of its value.

Related Posts – Ex-SEC Chair, Jay Clayton Believes Cryptocurrency Industry Is For Long Haul

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.