Cronos (CRO), the native token of the Crypto.com blockchain, experienced a brief price surge after Trump Media announced a partnership with Crypto.com and Yorkville America Digital to launch a series of exchange-traded funds (ETFs) focused on digital assets and “Made in America” sectors. Following the April 22 announcement, CRO climbed to $0.095, but the rally was short-lived as the price soon dropped to $0.089, erasing earlier gains. Market reaction suggests the ETF news failed to sustain momentum for CRO, despite initial optimism about increased exposure and global distribution through Crypto.com’s platform. Regulatory uncertainty and market saturation with ETF proposals have contributed to the cautious sentiment, leaving CRO’s near-term outlook uncertain. As the market grapples with high volatility, let us take a deep dive into the latest Cronos price analysis and explore what’s to come in the next few days.
Cronos Price Analysis of the Last 24 Hours
Cronos commenced trading yesterday at $0.09075. After a slight dip, the price was seen spiking to $0.09175 due to the early oversold conditions. However, the bearish forces continued to affect the price, as by 3:00 UTC, Cronos dipped to $0.09000. With the RSI heavily tipped towards the oversold level, a strong bullish trend was seen forming. A golden cross formed at 3:35 UTC, pushing the CRO price up to $0.09276 by 9:00 UTC.
Chart 1: published on TradingView, April 26, 2025
The RSI ventured into the overbought region with this ascent. At 9:35, a massive death cross formed on the MACD, and a downtrend followed as Cronos dipped to $0.0919,1, nearing noon. At this point, Cronos entered a trading range with an uptrend. The uptrend led the CRO price to face strict rejection at $0.09295. A death cross emerged, signaling the reversal, and a downtrend ensued. The bearish Cronos trend led the price to find a bottom at $0.09140. A trading range of sorts ensued from this point as Cronos tested the $0.09300 resistance once again by 15:00 UTC.
However, the uptrends slowly got less potent, and the resistance line continued to drop. A narrower trading range developed as Cronos dropped to $0.09130 at 18:00 UTC. The narrow trading range ensued right after, with Cronos failing to ascend past $0.09210. The coin ended the day at the lower end of the trading range at $0.09122.
Cronos Price Action Today
The new day brought renewed bullish pressure for Cronos, as it staged a confident uptrend, thanks to the 12:10 golden cross. The stable rise was countered by rejection at the $0.09300 resistance. Although the CRO price was able to resist the bearish forces at first, forming a trading range, a downtrend finally formed after 3:00 UTC. This downtrend found a quick trend reversal at $0.09216, thanks to the 6:00 UTC golden cross. Cronos tested the resistance again, but failed to break across. Since then, the coin has faced a strong correction, currently trading at $0.01967.
Cronos Price Prediction: Can Cronos Break Out of the $0.09300 Resistance
Although Cronos has spent a positive week on the charts, its advances seem to have plateaued right now. It is confined in a range with $0.09300 serving as a strict resistance. The bearish Cronos trend seems to be dictating the prices as of now, serving strict and timely corrections to any upward movement. Given that, if the CRO price is not able to test the resistance in the coming hours, a downturn may be inevitable. If the downturn does occur, the $0.09000 level will be crucial.
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