Cronos (CRO) Price Prediction: Will CRO Price Hit $0.15 This August?

Amid increased price volatility in the crypto space, Ethereum price has reclaimed the $2.7K tag. With this, top altcoins have breached their respective resistance levels and have recorded a significant uptrend with some tokens experiencing a surge of over 30% within the past 24 hours.

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Cronos (CRO) price has experienced a surge of over 15% in the past 24 hours, making it one of the top-performing altcoins during the recent market uptrend.

Cronos price went up to $0.10 and was included in the list of top daily gainers. Since the digital currency market has witnessed a significant price increase, the price of Ethereum has also recovered the level of 2.7 thousand dollars.

In addition to Cronos, other top altcoins that have breached their respective resistance levels and recorded a significant uptrend include Polygon (MATIC), Chainlink (LINK), and Aave (AAVE). Some tokens have experienced a surge of over 30% within the past 24 hours.

Cronos price went up to $0.10 and was included in the list of top daily gainers. Since the digital currency market has witnessed a significant price increase, the price of Ethereum has also recovered the level of 2.7 thousand dollars.

Cronos (CRO) Price Analysis 24H Price Chart (Source: CoinMarketCap)

Cronos price went up to $0.10 and was included in the list of top daily gainers. Since the digital currency market has witnessed a significant price increase, the price of Ethereum has also recovered the level of 2.7 thousand dollars.

Cronos (CRO) Price Analysis 1D Time Frame Chart (Source: TradingView)

Cronos price went up to $0.10 and was included in the list of top daily gainers. Since the digital currency market has witnessed a significant price increase, the price of Ethereum has also recovered the level of 2.7 thousand dollars.

Cronos (CRO) Price Analysis 1H Time Frame Chart (Source: TradingView)

Cronos (CRO) Price Conclusion:

Cronos price went up to $0.10 and was included in the list of top daily gainers. Since the digital currency market has witnessed a significant price increase, the price of Ethereum has also recovered the level of 2.7 thousand dollars.

With a trading volume of $79.82 Million and a jump of over 15% within the past day, the Cronos price has successfully breached the resistance trendline of its falling wedge pattern in the 1D time frame. Furthermore, it has recorded a 24-hour high of $0.1058, indicating increased bullish influence.

Moreover, the altcoins continue recording a bullish action by adding 11.99% within the past week and 9.38% over the past 30 days. Notably, with a trading price of $0.09410 and a circulating supply of 25,571,560,696 CRO tokens, it has secured the 30th spot with a market cap of $2.504 Billion.

Cronos (CRO) Price Analysis RSI Indicator (Source: TradingView)

The RSI indicator has retested its oversold range and has recorded a sharp rise towards the overbought range. Further, its average trendline has experienced a bullish convergence and displays a bullish action, highlighting that the CRO price will continue gaining value in the coming time.

Further, the Simple Moving Average (SMA) has displayed a bullish crossover in the Cronos price chart. This indicates a positive outlook for the altcoin in the crypto market

Cronos (CRO) Price Analysis Moving Average (Source: TradingView)

Will Cronos Price Reclaim $0.15 This August?

If the market continues trading under a bullish sentiment, the CRO coin price will retest its resistance level of $0.12125. Maintaining the price at that level will set the stage for Cronos crypto token to attempt to test its upper resistance level of $0.15 during the upcoming weeks.

On the flip side, if a trend reversal occurs, the CRO crypto will lose momentum and retest its support level of $0.08415. Moreover, if the bears continue to overpower the bulls, this could result in the Cronos price plunging towards its crucial support trendline of $0.07225.

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