Cronos price<\/a> resumes back in the middle of consolidation after a slight drop toward the 9-day and 21-day moving averages. The market price continues the surge and moves toward the upper boundary of the channel, the $0.100 resistance level may come to play and the Cronos price may look for higher price levels if the bulls show commitment.<\/p>\nAt the time of writing, the market displays a sign of subduing volatility with choppy price action. If the Cronos price decides to slide to the south, the price may roll back to the previous supports at $0.075, $0.070, and $0.065 below the moving averages. But on the upside, traders can expect the next levels of resistance at $0.100, $0.105, and $0.110. In addition, the technical indicator Relative Strength Index (14) is moving to cross above the 70-level, which indicates that bullish movement may continue to play out.<\/p>\n
Against Bitcoin, the Cronos price is likely to reclaim the previous resistance level of 381 SAT. Unless the coin crosses above the upper boundary of the channel, and the price ends up closing above it, there might not be any reason to expect a long-term bullish reversal.<\/p>\n