The price of Cronos (CRO) crypto has increased over 10% this week, riding the bullish wave in the market. It has broken past key resistance levels and is now poised for a big rally. Investor interest in Cronos has grown, and the token has caught a critical hurdle at $0.0800, potentially leading to a breakout. Technical indicators suggest a bullish outlook, with the RSI curve and CMF indicator indicating positive momentum. There has been an increase in daily active addresses and a rise in open interest in the futures market, indicating growing investor confidence and a willingness to bet on sustained price gains. The immediate support levels are $0.08500 and $0.08300, while resistance levels are around $0.08800 and $0.09000.
- Content Editor ( thecoinrepublic.com )
- 2024-09-21
CRO Price Builds Momentum: Are Bulls Ready To Take Over?