Trump Media and Technology Group has finalized a major partnership with Crypto.com and Yorkville America Digital to launch a new series of exchange-traded funds (ETFs) under its TruthFi brand. The lineup will focus on digital assets and “Made in America” sectors like energy. The lineup will include ETFs tracking cryptocurrencies such as Cronos (CRO) and Bitcoin, with global distribution planned through Crypto.com’s broker-dealer, Foris Capital, pending regulatory approval later in 2025.
The Cronos ETF news sparked a 7% surge in the CRO price last week. If approved, the Cronos ETF could elevate CRO adoption. However, analysts caution that regulatory problems and ETF market saturation may hinder long-term gains. Given the latest positive news for the coin, let’s quickly review the latest Cronos price analysis to assess historical trends and make a prediction for the near future.
Cronos Price Analysis: CRO Flatlines in the Last 24 Hours
The Cronos price stood at $0.09200 as trading commenced yesterday. Initially, a slight death cross formed on the MACD, and Cronos fell to $0.09096. However, with two consecutive golden crosses on the MACD, Cronos spiked 15 minutes later, going to $0.09483. The RSI also spiked into the overbought zone. This 4% skyrocket was quickly corrected as Cronos fell to $0.09222 half an hour later. It attempted to gain again, but failed as the corrective pressure led it to $0.09046. This downturn was also validated by a death cross. The CRO price soon stabilized near the $0.09100 level.
Chart 1 – Published on TradingView, April 24, 2025
The bulls picked pace, and a golden cross formed at 3:20 UTC, leading the CRO price on a confident uptrend. By 7:00 UTC, the coin was trading at $0.09350. The RSI reported near-overbought levels at this point, corroborating a reversal. A temporary pullback to $0.09195 did occur, but CRO was soon back to testing the $0.09365 resistance. However, it failed to rise further, and a downtrend ensued. The bearish pressure led to the Cronos price falling as low as $0.8844 by 15:00 UTC. A trend reversal was seen immediately, but the upturn plateaued at $0.09070 even though a golden cross was seen in the MACD, a trading range formed around the $0.0900 mark, which continued until midnight.
CRO Price Movements Today: April 24, 2025
The day started positively for Cronos, going up to $0.9200 in the first 2 hours of trading. However, a downward channel formed, leading to $0.08880. At 4:35, a trend reversal occurred. The uptrend, however, could only take the CRO price to $0.09060. A downtrend ensued, and the CRO price dipped to $0.08820.
Cronos Price Prediction: Can CRO Reverse Its Fortunes?
Cronos enjoyed the bullish strength during last week’s market-wide boom. However, it seems like Cronos has reached a ceiling. Its gains have plateaued, depreciating by 2.5% in the previous 24 hours. The RSI also paints a bearish story, with CRO succumbing to downtrends as the RSI works under the midline. The MACD featured golden crosses on multiple occasions, but a bearish trend was observed on the charts.
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