Cronos Price Prediction for Today, October 13 – CRO Technical Analysis

The Cronos price prediction could set a bullish run if the market can attempt to climb back above the resistance level of $0.055.

Cronos Prediction Statistics Data:

• Cronos price now – $0.050
• Cronos market cap – $1.27 billion
• Cronos circulating supply – 25.2 billion
• Cronos total supply – 30.2 billion
• Cronos Coinmarketcap ranking – #35

CRO/USD Market

Key Levels:

Resistance levels: $0.055, $0.057, $0.059

Support levels: $0.045, $0.043, $0.041

According to the daily chart, CRO/USD is running a little retracement move toward $0.055 with a price growth of 3.86%. For the fact that the coin is recording a slight gain, the Cronos price may begin to maintain a bullish movement within the channel. However, if the coin can make a bullish cross above the upper boundary of the channel, it could hit the potential resistance of $0.052. Meanwhile, traders can expect the price to continue to rise as soon as the bulls put more pressure on the market.

Cronos Price Prediction: Cronos (CRO) May Spike to the Upside

At the time of writing, the Cronos price is seen hovering at $0.050. If the Cronos price retains the movement above the 9-day and 21-day moving averages, it may cross above the upper boundary of the channel. However, if the bulls increase the buying pressure, the possible resistance levels could be located at $0.055, $0.057, and $0.059 respectively.

Nevertheless, if the market price continues to move in the positive direction, CRP/USD may witness more of higher levels. At the time of writing, the Cronos price is currently moving sideways in the short term. On the contrary, any bearish movement toward the lower boundary of the channel could roll the coin back to the long-term support at $0.045, $0.043, and $0.041 levels.

CRO/BTC Heads to the North

Against Bitcoin, the Cronos price is likely to follow a bullish movement above the 9-day and 21-day moving averages. However, in case of a trend reversal, there is a need for an increasing volume and resistance to cause an upsurge in the market, if not, the market may continue to be range-bound.  At the moment, the Cronos (CRO) is hovering at 191 SAT. On that note, traders can expect close support at 170 SAT and below.

Meanwhile, if the buyers push the Cronos price to the upside, it could hit the nearest resistance level of 210 SAT; traders can then confirm a bull-run for the coin as the potential resistance could then be located at 220 SAT and above.

Alternatives to Cronos

The Cronos price is bullish as the market keeps hovering around the $0.050 level and currently preparing to move higher again. Therefore, traders expect the Cronos price to move higher later and push toward the resistance level of $0.053 level. Meanwhile, CRO/USD may need to rise to the next target above the upper boundary of the channel in the next 24 hours.

In the meantime, the Bitcoin Minetrix is the hottest new coin in crypto because it has once more crossed a crucial milestone. However, with the token’s momentum picking up, it has quickly drawn the focus of investors, raising over $1.2 million in the ongoing presale.