Cronos Price Prediction: CRO Surges 18% As Trump Media Files For Crypto Blue Chip ETF, While This Wallet Token Presale Nears $14 Million

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cronos price

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The Cronos price surged 18% in the last 24 hours to trade at $0.09498 as of 10:40 p.m. EST as investors rush to buy the crypto.

That pump by the CRO price comes after Trump Media, a company backed by the US President and his family, filed an S-1 registration form with the US Securities and Exchange Commission (SEC) to launch the “Truth Social Crypto Blue Chip ETF.”

The proposed ETF (exchange-traded fund) will track the performance of a basket of leading crypto assets, including Bitcoin, Ethereum, Solana, Cronos and XRP, according to the filing. 

Cronos Price Smashes Through One Resistance, Eyes Another

CRO Chart Image

Daily chart for CRO/USD (Source: GeckoTerminal)

The Cronos price broke through a resistance level at $0.08591 in the last 24 hours with the recent rally, data from GeckoTerminal shows. Now, the altcoin is nearing the next major resistance level at $0.09852. Overcoming this technical barrier could lead to the crypto rising to as high as $0.11052 in the short term.

However, failure to rise above $0.09852 within the next 24-48 hours could prompt traders to cash in their profits from the latest surge. In this more bearish scenario, sell pressure might begin building up in the crypto’s order books. If bulls get overwhelmed by this bearish volume, the Cronos price could then end up retesting the $0.08591 mark, but as support this time.

Falling back below the recently-breached level might then result in a plunge to the subsequent technical safety net at $0.07852 if the bearish pressure persists.

Bulls Maintain A Tight Grip On The Cronos Price

Looking at technical indicators on the daily chart, it seems the Cronos price might have the momentum and bullish backing needed to break through the $0.09852 barrier despite a slight dip in buying power.

The MACD line has risen above the MACD Signal line over the last 48 hours, which is a classic indication of growing bullish momentum. 

Meanwhile, RSI readings have surged from the high 30s to the high 50s. This suggests that buyers have taken control of the Cronos price. Additionally, the current reading below 70 signals that there is still room for CRO to climb before it enters overbought conditions. 

As the Cronos price nears resistance, investors are also piling into the presale for Best Wallet (BEST). According to the popular YouTube channel 99Bitcoins, which has over 723K subscribers, BEST has the potential to surge 10X after its launch.

Best Wallet Takes The Crypto Market By Storm With Range Of Features

Best Wallet is a relatively new crypto wallet app that entered the market towards the end of 2024, and is already making waves in the market. This is largely due to the app’s suite of handy features that enable users to store, secure and grow their digital asset holdings all from one app.

Not only does Best Wallet come with support for over 60 blockchains and the thousands of cryptos that run on them, it gives users tools such as a native token launchpad, in-app staking solution and much more to grow their crypto portfolios. 

Users can import their wallets from across the Web3 ecosystem into the app as well, making portfolio management much simpler. Best Wallet also comes with advanced security protocols and is non-custodial. Users can therefore rest assured that their funds are safe, and that their wallet keys are not stored on a centralized and potentially vulnerable server.

Best Wallet Tweet

One standout feature of Best Wallet that is gaining a lot of attention is the “Upcoming Tokens” section, which flags high-potential cryptos that are still in their early stages. So far, this feature has identified Catslap (SLAP) and Pepe Unchained (PEPU) as cryptos to watch. Both tokens have gone on to print massive gains for early investors.

To complement the range of features, BEST token holders also unlock additional perks such as lower transaction fees, higher staking rewards, early access to new projects, and the ability to participate in Best Wallet’s governance. 

Best Wallet Presale Races Towards $14 Million

Investors are rushing to buy BEST while it’s still in presale, which is evident by the more than $13.7 million in early-stage funding the project has raised so far. 

Interested investors can acquire BEST via the simple buy widget embedded on the project’s website. Selling for $0.025305, BEST can be purchased with either crypto or bank card. Tokens can then also be staked for a 100% APY.

Anyone looking to buy at the best presale rate will want to hurry, because BEST’s price will increase as the ICO progresses. The next price hike is scheduled to take place in around 41 hours.

Check out BEST on its official website.

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