Crabada (CRA) experiencing over 20% Surge in Past 24-hours, Price May Move Higher

Crabada (CRA) is currently observing growth in its price in the past 24-hours. Compared to the general performance of cryptocurrencies on the Avalanche network, Crabada seems to be performing quite well.

The data from TradingView and CoinMarketCap shows that the price of Crabado has increased by 21.44%, coming all the way up to $0.8927 per CRA. The overall data for Crabada since the time of its launch has been in the bullish zone.

The data shows that the price of CRA has surged by 78.75% in the past 60-days, while it has surged by 25.77% in the past 30-days. When it comes to the past 7-days, the price of Crabada again surged by 73.05% followed by a 22.15% surge in the past 24-hours.

The data shows that the price of Crabada is constantly rising and it is currently going against all the odds in order to demonstrate positive growth. The performance chart from TradingView shows that Crabada has been moving in the positive zone.

Although it did end up taking a fall after the 10th of December, yet it has managed to recover and it is moving in the upward direction. It was back on November 13, 2021, when Crabada was launched. At the time of launch, its unit price was 0.5007 per CRA. From the point of launch until November 22, 2021, CRA’s price has hit its all-time high of $2.93.

However, as CRA stepped into the month of December, its price started experiencing a dive in its price. Moving from November 22, 2021, and going all the way down to December 14, 2021, CRA successfully hit its all-time low of $0.3669 per CRA.

It is now a good sign for the entire CRA community that from December 14, 2021, the price of CRA has surged by 140.42%.

As of now, CRA is climbing in terms of its price and the bulls seem to be putting in a lot of effort in making that happen. The performance chart for CRA shows that the investors may be trying to boost CRA’s price and bring it up to the last 20-day SMA ($0.9070).

If the investors manage to do that, then they may intensify their buying power and try to push CRA across the last 30-day SMA, which at the moment is $1.18633. However, before reaching this point, the bulls may have to face strong resistance from the bears, who may attempt to drag it down.

The bears may attempt to pull CRA’s price below the $1.00 mark by increasing their selling power. If the bears give in and bulls prevail, they may be able to push its price bringing it closer to the past 60-day SMA, which is $1.1260.