• The Cronos (CRO) price prediction needs to cross above the $0.085 resistance level quickly to deny the bears the opportunity to enter the market.
• CRO/USD is currently hovering around $0.080 resistance as the coin prepares to gain more bullish signals.
• If the sellers push lower, traders can expect very strong support at $0.070.
The Cronos (CRO) price prediction is currently looking bullish as the coin is hovering around the resistance level of $0.085. This is the level that needs to be crossed for the bulls to have the opportunity to enter the market. The CRO/USD pair is currently trading above the 9-day and 21-day moving averages, aiming to cross the channel. If this happens, there is a high possibility of the coin surging higher.
Cronos (CRO) is currently facing bearish momentum and this could continue to be the case if the bulls fail to push the price above the $0.085 resistance level and the red line of the 9-day MA crosses below the green line of the 21-day MA. If the sellers push lower, traders can expect very strong support at $0.070; this could then be followed up with another surge higher.
The key levels for the Cronos (CRO) price prediction are the resistance levels of $0.105, $0.110 and $0.115. These levels need to be overcome before the coin can reach higher highs. The support levels for the coin are $0.055, $0.050 and $0.045. The coin is currently trading at $0.080 and has a market cap of $2 billion and a circulating supply of 25.26 billion.
It is important for Cronos (CRO) to cross the $0.085 resistance level quickly in order to deny the bears the opportunity to enter the market. If the coin can break through this level, then it could surge higher and reach higher highs. However, if the bears take control of the market, then the coin could fall lower and face more bearish pressure. It is important for traders to be aware of the key levels and to make sure that they are prepared for any eventuality.