Cronos Price Prediction for Today, March 11: CRO/USD Touches $0.067 Resistance

The Cronos price prediction shows that CRO is likely to cross above the 9-day moving average where it can start the bullish movement.

Cronos Prediction Statistics Data:

• Cronos price now – $0.062
• Cronos market cap – $1.6 billion
• Cronos circulating supply – 25.2 billion
• Cronos total supply – 30.2 million
• Cronos Coinmarketcap ranking – #33

CRO/USD Market

Key Levels:

Resistance levels: $0.085, $0.090, $0.095

Support levels: $0.045, $0.040, $0.035

CRO/USD is currently exchanging hands at $0.062 after touching the daily high at $0.067 and consolidating below the 9-day and 21-day moving averages. Meanwhile, the market price not staying above the moving averages ruins the long-term technical picture of the coin.

Cronos Price Prediction: What Could Be the Next Direction for Cronos?

The Cronos price regains back toward the 9-day moving average as any bearish movement toward the south may bring the coin under the lower boundary of the channel; this could later hit the support levels at $0.045, $0.040, and $0.035. On the upside, a sustained bullish movement above the moving averages may create more strength for the coin, which could push the Cronos price to the resistance levels of $0.085, $0.090, and $0.095 respectively.

At the moment, the technical indicator Relative Strength Index (14) is likely to cross below the 30-level, which indicates that the market may go bearishly. Looking at the daily chart, there may be a need for support to be formed around $0.060 and $0.055 to provide tight protection which could allow the buyers to concentrate on stirring action to the north.

Against Bitcoin, the CRO price crosses above the 9-day moving average to touch the daily high at 332 SAT. However, if the coin heads toward the upper boundary of the channel, it could hit the nearest resistance level of 300 SAT while the technical indicator Relative Strength Index (14) may cross above 40-level.

However, if the bulls succeeded in breaking above the upper boundary of the channel, the CRO price may hit the potential resistance level at 360 SAT and above. On the contrary, any bearish movement below the lower boundary of the channel could bring the price to the support level of 270 SAT and below.

Alternatives to Cronos

The Cronos price is hovering below the 9-day and 21-day moving averages which could create a new low. Meanwhile, if the bulls gather enough momentum and cross above the moving averages; the upward movement could be near the resistance level of 0.080 and above. On that note, there is another token in the market with great potential – Fight Out has proved to be one of the most promising tokens targeting the gaps in the Move-to-Earn industry which could provide a customer-driven approach raising almost $6 million in the ongoing presale.