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The Cronos price has surged 9% in the last 24 hours to trade at $0.1098 as of 1:03 a.m. EST on a 47% pump in trading volume to $127 million.
The surge in the CRO price has made the crypto the top gainer on CoinMarketCap.
This comes after Crypto.com announced that the US Securities and Exchange Commission (SEC) had ended its investigation into the crypto exchange. The conclusion of the case marks another win for the crypto industry under the new SEC administration.
The @SECGov has officially closed its investigation into https://t.co/t06nJyafGN with no enforcement action, CEO Kris Marszalek confirmed. This marks another case dropped under the agency’s new leadership, following similar decisions for @coinbase, @Uniswap, and @RobinhoodApp. pic.twitter.com/6WpTAzVrwl
— VaaSBlock (@vaasblock) March 28, 2025
Cronos Price To Continue Soaring
The CRO/USDT chart analysis shows a falling channel pattern pushed the CRO price lower for several months.
However, a strong bullish breakout occurred as the Cronos price moved above the upper boundary of this downward channel. This breakout is a significant technical event, suggesting the bearish trend has ended.
Moreover, the price of Cronos has surged past the 50-day Simple Moving Average (SMA), which previously acted as resistance, and is now approaching a key level, the 200-day SMA. This level, currently sitting at $0.1165, represents a critical resistance zone, according to GeckoTerminal data. A successful breakout above this level could confirm a longer-term bullish reversal.
The Relative Strength Index (RSI) is currently at 68.80, indicating strong bullish momentum. While not yet in the overbought zone (above 70), it is approaching this level, suggesting that buying pressure is increasing but may soon face temporary exhaustion.
Meanwhile, the MACD (Moving Average Convergence Divergence) indicator is also showing bullish momentum. The MACD line (blue) is above the signal line (orange), confirming an upward trend.
CRO Price Prediction
Given the technical breakout from the falling channel pattern, bullish indicators, and the strong push above the 50-day Simple Moving Average (SMA), the Cronos price is showing signs of a continued uptrend.
However, the 200-day SMA at $0.1165 remains a crucial resistance level. If the price of CRO successfully breaks and holds above this level, the next major resistance could be around $0.14 – $0.16, where previous price action has shown selling interest.
On the downside, if the price of Cronos fails to break the 200-day SMA and faces rejection, it could retrace toward the $0.085 – $0.09 zone, which would act as support. This area aligns with the 50-day SMA, making it a strong potential bounce level.
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 Heads For $12 Million Mark – Best Crypto To Buy?
The Best Wallet presale is nearing the $12 million mark, with total funds raised now at approximately $11.4 million.
Lauded for its functionality and suitability for today’s market landscape, the non-custodial wallet recently reached over 500,000 total users, with over 250,000 monthly active users.
A major driver of this growth is Best Wallet’s advanced capabilities, including smoother and cheaper transaction processing compared to rivals like MetaMask and Trust Wallet.
Best Wallet’s efficiency gains are achieved through integrations with over 200 decentralized protocols and 20 cross-chain bridges.
Over $11M Raised & Counting! 💎
The Best Wallet ecosystem keeps growing, and early holders are locking in their spot. 🚀
Now is your chance to secure exclusive rewards and be part of the next-gen crypto wallet.
Don't miss out! 👉 https://t.co/eMjBsXbv1H pic.twitter.com/p3E6BvxnDS
— Best Wallet (@BestWalletHQ) March 14, 2025
Among the many features offered, its “Upcoming Tokens” section is attracting the most attention. This feature helps users discover promising projects that are still in the early stages.
The project’s success in identifying promising projects is clear. It’s already identified early tokens including Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that have delivered huge gains for early investors.
Currently, BEST tokens are priced at $0.0245. Investors can also stake BEST tokens for a massive 137% annual return.
Those interested in joining the project’s presale should buy BEST before a price hike in under 12 hours.
Learn more about BEST on its official website.
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