• The Cronos Price Prediction for Today, December 24th is looking promising as price hits $0.060.
• The coin is facing the north due to a recent recovery above the 9-day moving average.
• If the buyers increase the pressure, the price could maintain an upwards momentum, while any bearish movements could cause the price to drop to the lower boundary of the channel.
Today, December 24th, the Cronos Price Prediction looks to be on the rise as its price hits $0.060. The coin is seeing a recent recovery above the 9-day moving average, leading it to face the north. This could mean that if the buyers increase the pressure, the price could maintain an upwards momentum.
The Cronos market cap is currently valued at $1.5 billion with a circulating supply of 25.26 billion and a total supply of 30.2 million. The coin is currently ranked at #28 on Coinmarketcap. Currently, the CRO/USD market is facing resistance levels at $0.095, $0.105, $0.115. If the price of the coin were to drop, it would face support levels at $0.035, $0.025, and $0.015.
On the CRO/USD daily chart, the coin is ranging and looking to cross above the 21-day moving average. If it were to do so, it would remain on the upswing. However, the red line of the 9-day MA is still below the green line of the 21-day moving average, meaning that any bearish movements could cause the price to drop to the lower boundary of the channel.
For those looking to invest in Cronos, the current price of $0.060 could be a great opportunity to do so. Although, it is important to keep an eye on the bullish and bearish movements in order to make an informed decision.
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