Crypto.com, Solana & Ethereum — Asian Wrap 23 September

Crypto.com price could fool a lot of investors in the coming weeks. As the CRO price hovers in the $0.10 zone, many declines could be losing power. Crypto.com currently auctions at $0.1065. The bulls are testing  the 8-day exponential moving average resistance.

Solana price has lost 22% of its market value since mid-September. The Volume Profile indicator is still questionable as to who dominates the market. Invalidation of the bullish idea is contingent upon a few factors mentioned below.

JPMorgan shared its concerns about the Ethereum Merge this Wednesday, citing the hard fork which gave rise to another chain called Ethereum PoW. Since the Merge 8 days ago, Ethereum has been on a consistent downtrend falling from $1,700 to $1,300.