Join our Telegram Channel to stay up to date on the coverage of information on the breakup
The Cronos Crypto price jumped more than 57% in the last 24 hours to negotiate $ 0.3,519 at 6 a.m. on a 129% pump in daily negotiation volume at 2.36 billion dollars.
Meanwhile, the relative resistance index (RSI) is now very high at 90.66, which means that the market is strongly exaggerated. Normally, this suggests that a decline could happen soon. However, in strong ascending trends, tokens can remain too hidden for a while before correcting, especially if the feeling of the market remains positive.
Looking at the levels, the old resistance at $ 0.15 can now act as a strong support if CRO decreases. Uplining, the next psychological resistance is close to $ 0.40. Holding above $ 0.25 would be a good sign for bulls and could maintain the upward trend.
This increase in cronos also corresponds to a broader trend where money takes place in altcoins after large races in Bitcoin and Ethereum. Short -term traders can look for purchasing opportunities if CRO resets support, while long -term holders consider movement as proof of increasing force in the Cronos ecosystem.
In short, Cronos has come out of its long lateral phase and is now in a strong rally. As long as it holds above the key support, the token seems to be settled for more increase, with $ 0.40 as the next major target.
Related items:
Best wallet – diversify your crypto wallet
- Easy to use cryptographic wallet, easy to use
- Get early access to ICO to toys to come
- Multi-chaînes, multi-walk, non-guardians
- Now on the App Store, Google Play
- Pape to win the native token $ the best
- 250,000+ monthly active users
Join our Telegram Channel to stay up to date on the coverage of information on the breakup
