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Cronosusdt

Breaking: Cronos ($CROW) Surged 26%, Gearing For 300% SpikeThe Price of Cronos ($CROW) spiked 26% today amidst breaking out of a falling wedge pattern- The asset is setting coast for 300% surge to recent ATH recorded in the month of December, 2024 last year. With build-up momentum and RSI at 68 further hinting at a bullish breakout. The falling wedge pattern depicted on the chart started late December, 2024 last- a move that saw Cronos ($CROW) loosed about 76% of market value, tanking hard albeit the rest of the assets were performing exceptionally well. What Is Cronos ? Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company. Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app. Cronos Price Live Data The live Cronos price today is $0.105093 USD with a 24-hour trading volume of $407,141,786 USD. Cronos is up 27.11% in the last 24 hours, with a live market cap of $2,792,493,512 USD. It has a circulating supply of 26,571,560,696 CRO coins and the max. supply is not available.
Long
by DEXWireNews
Cryptocom in Bearland- Like most altcoins, CRO remains deep in its bear market. - Until BTC rallies significantly, altcoins will likely stay overshadowed. - BTC dominance (BTC.D) is climbing near 60%, putting pressure on altcoins. - As always, check the bubbles, follow the trends - Everything you need is in the chart. - What’s the best approach? - Be patient and continue DCA. - Buy at the good time. Buying CRO in this market: Option 1: Wait for a return to the bottom around $0.05—(ideally a full-buy range). Option 2: Wait for a breakout and weekly close above $0.10 for confirmation. - Whether trading or holding, consider taking partial profits on the way up. - For the short term, consider taking profit around $0.50, as there’s resistance in this area. - For those waiting on the altcoin bull run, a max target of $1.5 to $2.5 is reasonable. Happy Tr4Ding !
COINBASE:CROUSDLong
by thecryer
9
CRO (Cronos): Falling Wedge BreakoutTrade setup : Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with near-term upside potential to $0.10. We would enter on breakout retest near $0.08. Stop Loss at $0.07. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9. Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Down, Medium-term trend is Strong Down and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.075, then $0.066. Nearest Resistance Zone is $0.10, then $0.12.
Long
by altFINS
1