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The Cronos price has soared 24% in the last 24 hours to trade at $0.1049 as of 12:28 a.m. EST on a 923% pump in trading volume to $194 million.
This surge in the CRO price comes after Crypto.com announced a partnership with Trump Media and Technology Group to support and power a series of TMTG-branded ETFs (exchange-traded funds) comprising digital and non-digital assets.
🚨JUST IN: 🇺🇸 TRUMP MEDIA TO PARTNER WITH https://t.co/bCPKYskYYJ TO LAUNCH ETFS!
A bold collaboration that could bridge traditional finance with the crypto world—setting the stage for a new era of investment opportunities. pic.twitter.com/5T4z63GDwD
— Giannis Andreou (@gandreou007) March 24, 2025
This includes its first of ETF of cryptocurrencies incorporating CRO and other crypto assets.
Cronos Price Analysis: Breakout From Downtrend Channel Signals Bullish Reversal
Over the past few months, the CRO price has been in a strong downtrend, forming a falling channel pattern that kept prices suppressed.
The Cronos price repeatedly failed to break above resistance levels, leading to lower highs and lower lows.
However, the latest CRO price action shows a breakout above the channel’s upper boundary, suggesting that selling pressure has weakened and buyers are regaining control.
Currently, the price of Cronos has surged 24% on the day, reaching $0.1049, indicating strong bullish momentum, according to GeckoTerminal data.
However, the CRO price remains below the 200-day moving average (MA) at $0.1160, which could act as a significant resistance level in the near term.
The 50-day SMA ($0.0851) was successfully breached, confirming short-term bullish momentum.
Meanwhile, the Relative Strength Index (RSI) is at 68.73, approaching the 70-overbought zone. This suggests strong buying pressure but also raises the possibility of a short-term pullback if buyers exhaust momentum.
The Moving Average Convergence Divergence (MACD) line is above the signal line, with positive histogram bars indicating a bullish crossover. This momentum shift further supports the possibility of continued upward movement.
CRO Price Prediction
With the breakout from the falling channel pattern and bullish signals from technical indicators, the CRO price shows signs of a potential trend reversal. However, to confirm a sustained uptrend, the Cronos price must hold above the breakout zone and successfully test the 200-day SMA resistance at $0.1160.
If the price of Cronos breaks above $0.1160, CRO could target $0.14 to $0.16 as the next key resistance levels.
Conversely, if the buying pressure weakens, the price of CRO could retest the breakout zone ($0.085 – $0.095) before attempting another push higher.
In the meantime, investors are flocking to buy Best Wallet (BEST), which popular YouTuber ClayBro, with over 136K subscribers, says has the potential to soar 10X after launch.
Best Wallet Presale Closing On The $12 Million Mark
Best Wallet just surpassed the $11.3 million milestone in its hot presale. The new-gen crypto wallet is drawing massive attention from investors as the presale proceeds.
Best Wallet is a Web3 wallet that combines crypto storage services with decentralized trading features. The platform caters to investors and traders of all sizes and simplifies crypto management across different blockchains.
The wallet supports 60+ blockchains and also features a built-in DEX, presale aggregator, and crypto debit card.
Its native token, BEST, powers the ecosystem, which is designed to simplify on-chain activities while minimizing security risks. This makes it a standout app in the competitive crypto wallet space.
The Fastest Growing Wallet in Crypto!
In a crowded market, Best Wallet delivers the tools you need to gain an edge. 🚀
1️⃣ Exclusive alpha on new projects.
2️⃣ Buy and claim tokens in the app.
3️⃣ Manage all your assets across multiple chains in one place.This is why the Best… pic.twitter.com/AT4yos1CmG
— Best Wallet (@BestWalletHQ) December 30, 2024
A key feature that sets Best Wallet apart is its “Upcoming Tokens” section, a presale aggregator that identifies high-potential projects.
It’s establishing a strong track record after already flagging Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that delivered 500% and 3,000% gains, respectively, for early investors.
Currently, BEST tokens are priced at $0.024475. Buy before a price hike in less than 36 hours to lock in the best deal.
After purchasing BEST, you can also stake your tokens for a 138% annual return.
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Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- 250,000+ Monthly Active Users
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