CROUSD trade ideas
Cronos: Bear Market VibesCronos is resisting the persistent selling pressure after last week's low, but it should soon turn sustainably downward again. We anticipate the imminent bottom of the overarching turquoise corrective wave 2 within the green Target Zone between $0.06 and $0.02. According to our primary scenario, once CRO reaches this new bear market low, it can quickly move upward in the next impulse wave, with the resistances at $0.14 and $0.23 serving at most as temporary pauses.
Cronos Wonky Head and Shoulders showing downside 0.2671Cronos has been in a major Twilight Zone since September 2023.
And yet it's been making lower highs each time.
THere are a few reasons for the downside including:
1. Profit-Taking Following Strategic Reserve Proposal
In early March 2025, Cronos proposed reissuing 70 billion previously burned tokens to establish a strategic reserve, leading to an initial price surge. However, this move prompted significant profit-taking among investors, exerting downward pressure on the CRO price.
2. Impact of U.S. Tariffs on Market Sentiment
The implementation of U.S. tariffs on Mexico and Canada, approved by President Donald Trump, introduced economic uncertainties that negatively affected the broader cryptocurrency market, including CRO.
The technicals also speak for themselves which is showing downside to come if it breaks below the rectangle pattern and forms another lower high.
Wonky Head and Shoulders
Price<20 and 200
Target 0.2671
CROUSD _SPOT ONLY !!!just forecast call SPOT ONLY.
DISCLAIMER:
what I share here is just personal research, all based on my hobby and love of speculation intelligence.
The data I share does not come from financial advice.
Use controlled risk, not an invitation to buy and sell certain assets, because it all comes back to each individual.
Cronos is on the move, Could we see it hit $1 soon?The chart is a weekly candlestick chart of CRONOS (CRO) against USD on TradingView, showing price action from late 2023 to a projected point in 2025. Let’s break down the key elements:
Price Movement and Trend:
CRONOS experienced a notable peak around mid-2024, reaching approximately $0.24000, followed by a sharp decline.
After the peak, the price entered a downtrend, forming a descending triangle pattern, which is typically bearish but can lead to a breakout in either direction.
The price has since stabilized in an "Accumulation Zone" between $0.07197 and $0.08925, with the current price at $0.08925 as of April 1, 2025.
Descending Triangle Pattern:
The descending triangle is defined by a downward-sloping resistance line (yellow) and a horizontal support line around $0.08925.
This pattern often signals a potential breakout. A break above the resistance could indicate a bullish reversal, while a break below support might lead to further downside.
The resistance line is currently around $0.13000 to $0.15000, based on the slope.
Accumulation Zone:
The price is in an "Accumulation Zone" between $0.07197 and $0.08925, suggesting that buyers are holding this level and potentially accumulating positions.
Multiple tests of this support level indicate strong buying interest, which could set the stage for a breakout if bullish momentum builds.
Target Projection (TG 1S):
The chart projects a target labeled "TG 1S" at $0.42000, a significant increase from the current price.
This target is likely based on the height of the descending triangle pattern added to the breakout point, a common technical analysis method.
However, reaching $1 (as requested) would require a much larger move, approximately an 11x increase from the current price of $0.08925.
Support and Resistance Levels:
Key support is at $0.07197, with the current price at $0.08925.
Resistance from the descending triangle is around $0.13000 to $0.15000, with a previous high at $0.17018.
A break above $0.17018 could open the door to higher levels, but reaching $1 would require sustained momentum and likely strong fundamental catalysts.
Historical Context and Feasibility of $1:
CRONOS reached an all-time high of around $0.96 in November 2021 during a crypto bull market, so $1 is within historical precedent.
However, the current market environment (as of April 2025) would need to see significant bullish momentum, possibly driven by broader crypto market trends, adoption of the Cronos ecosystem, or major developments in the Crypto.com platform (which CRONOS is tied to).
The $0.42000 target is a more immediate goal, but $1 would require an extraordinary rally, likely over a longer timeframe.
Timeframe:
The chart extends into mid-2025, and the $0.42000 target appears to be a medium-term projection.
Reaching $1 might take longer, potentially into late 2025 or beyond, depending on market conditions.
Breaking: Cronos ($CROW) Surged 26%, Gearing For 300% SpikeThe Price of Cronos ($CROW) spiked 26% today amidst breaking out of a falling wedge pattern- The asset is setting coast for 300% surge to recent ATH recorded in the month of December, 2024 last year.
With build-up momentum and RSI at 68 further hinting at a bullish breakout. The falling wedge pattern depicted on the chart started late December, 2024 last- a move that saw Cronos ($CROW) loosed about 76% of market value, tanking hard albeit the rest of the assets were performing exceptionally well.
What Is Cronos ?
Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.
Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
Cronos Price Live Data
The live Cronos price today is $0.105093 USD with a 24-hour trading volume of $407,141,786 USD. Cronos is up 27.11% in the last 24 hours, with a live market cap of $2,792,493,512 USD. It has a circulating supply of 26,571,560,696 CRO coins and the max. supply is not available.
Cronos will reach 0.50$1. Price Action and Trend Analysis
Historical Movement (Late 2023 to Early 2025):
The chart shows a significant upward movement starting around late 2023, where the price of CRO/USD spikes sharply from around $0.0600 to a peak near $0.1800 by early 2024. This indicates a strong bullish trend during this period, likely driven by market sentiment, adoption, or other fundamental factors related to Cronos.
After reaching this peak, the price experiences a sharp decline, dropping back to around $0.0728 by mid-2024. This suggests a correction or profit-taking phase following the rally.
From mid-2024 to late 2024, the price consolidates, fluctuating between $0.0600 and $0.0800, indicating a period of indecision or accumulation.
Recent Movement (Late 2024 to March 2025):
Starting around November 2024, the price breaks out again, surging to a new high of approximately $0.1600 by early 2025. This second rally mirrors the earlier one but doesn’t quite reach the previous peak of $0.1800.
Following this peak, the price begins to decline, forming a descending triangle pattern (more on this below). By March 11, 2025, the price is at $0.08138, as indicated on the right side of the chart.
2. Key Technical Patterns and Indicators
Descending Triangle:
The chart highlights a descending triangle pattern, which is typically a bearish continuation pattern. This pattern is characterized by a flat support line (around $0.0728) and a downward-sloping resistance line (the upper trendline of the triangle).
The price has recently broken below the support level of $0.0728, which is a bearish signal. This breakout suggests that sellers have taken control, and the price may continue to decline.
Support and Resistance Levels:
Support: The $0.0728 level acted as strong support during the consolidation phase and the base of the descending triangle. However, the recent break below this level indicates that this support has failed, and the next potential support might be around $0.0600 (a previous low from mid-2024).
Resistance: The upper trendline of the descending triangle (around $0.1000 at the time of the breakout) acted as resistance. Additionally, the $0.1600 level from the recent peak could serve as a future resistance if the price attempts to recover.
Projected Target (Yellow Arrow):
The chart includes a yellow arrow pointing downward, suggesting a projected price target following the breakout from the descending triangle. In technical analysis, the price target for a descending triangle breakout is often calculated by measuring the height of the triangle (from the highest point to the support) and projecting that distance downward from the breakout point.
The height of the triangle is roughly $0.0872 ($0.1600 - $0.0728). Subtracting this from the breakout point ($0.0728) gives a target of approximately $0.0728 - $0.0872 = -$0.0144. Since prices cannot go negative, this suggests the price could approach $0.0000, but in practical terms, it might find support at a previous low like $0.0600 or lower, depending on market conditions.
3. Volume and Momentum
While the chart doesn’t explicitly show volume bars, breakouts from patterns like the descending triangle are typically more reliable when accompanied by high volume. If the breakout below $0.0728 occurred with increased selling volume, it would reinforce the bearish outlook.
The momentum appears to have shifted from bullish (during the rally to $0.1600) to bearish, as evidenced by the descending triangle and the subsequent breakdown.
CRO 2025 TargetsCRO 2025 Targets
TP1: 0.38$
TP2: 1.37$ (New ATH)
Cronos has been underperforming expectations of most, disappointing majority of the community. Their native token Cronos, also used as an utility token for staking on the exchange or app has fallen over 80% ever since CDC decided to change staking and card rewards.
crypto.com
This news on 1 May 2022 has been the catalyst of CRO's steep decline, coupled with the bear market market-wide selloff since 2022. Ever since then, Cronos has been facing difficulties regaining previous highs, as most investors are eager to break-even or exit any positions they have left in the ecosystem/company. In addition to that, CDC has not since introduced any substantial benefits for the average investor <5000$ (Indigo Blue and below) to have a stake in Cronos.
Now, transactions on the Crypto.com app incur high fees and large spread, this itself is a source of revenue for Crypto.com. The application itself is not very intuitive and has average response time for user actions on the application. For a high volatility market like cryptocurrency, users need to be able to open the app, buy/sell their desired cryptocurrency in under 30 seconds from the moment they open the app. (MEXC and Binance has lived up to this expectation on their exchange app).
They seem to take marketing as their primary strategy in the crypto space instead of user experience, constantly putting the Crypto.com name out there in big venues e.g: Formula 1, NFL, Crypto.com Arena (Previously the iconic Staples center), Las Vegas Sphere, and of course hiring Hollywood star Matt Damon for the iconic "Fortune favors the brave" advertisement. The intended outcome from all this is to onboard as many users into the Crypto.com ecosystem and for the average user to invest/own cryptocurrency via the Crypto.com app, and perhaps take a stake in the CDC cards while using the app. Hence, tying into their vision of "Cryptocurrency in every wallet".
One might ask "Why do you still invest in CRO despite everything you said?". Reason is that CDC is still be building their company and vision in general, having ambitious plans for 2025 and beyond with their recent roadmap. They are also one of the only crypto entities that has obtained approvals and licenses in multiple jurisdictions. Refer here: crypto.com/licenses .
However, just as how Crypto.com did away with the MCO token in 2020, there is still the possibility that they could do the same with CRO. One should be prepared if such an event was to happen. Nevertheless, despite the horrendous price action and uncertainty around Crypto.com, I continue to hodl what I have in CRO. If Crypto.com doesn't make it, the cryptocurrency space won't make it as well.
Cronos road to half of ath?What Is Cronos ?
Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.
Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well. CRO went live in November-December 2018.
Total supply: 30B CRO !
Max. supply: --
Circulating supply: 26.57B CRO
Good entry now, 0.10 usdt. Targets: 0.30 usdt, 0.60 usdt or again ath.
This is only my idea guys.
This is not financial advice !
Please do your analysis and consider investing !! Thanks for supp.
Cronos (CRO) - Bullish Swing - ResurectionCOINBASE:CROUSD been mostly #Bearish, but things are about to change.
Eventually it found its bottoms.
That's when I loaded #Longs around the 6 and 7 Cents Levels.
Eventually I took profit on the #HODL #Trades at 19 Cents a pop.
* all well documented in the related idea.
What's Next for OKX:CROUSDT ?
As the #BreakOut is now confirmed, a #Bullish Swing is about to start.
That would be the #ElliottWave #Impulse (#MotiveWave).
#AltSeason has started, and MARKETSCOM:BITCOIN is adding fuel.
#AltCoins will most likely get pushed by the #BitcoinDominance ( CRYPTOCAP:BTC.D ) #Retracement.
#TotalMarketCap ( CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS ) are also showing signs of new #ATH coming.
COINBASE:CROUSDC #TechnicalAnalysis
- #ElliottWave A-B-C Sequence
- Primary ⓒ (white) #Impulse
- #Fibonacci Time Zones
- #Fibonacci Retracements Confluence
- #Cypher #Harmonic
My #Long Levels On COINBASE:CROUSD
HODL:
- Entry @ 14 Cents
- TP1 @ 40 Cents
- TP2 @ 60 Cents
#Futures ( CRYPTOCOM:CROUSD.P )
- Moderate Entry @ 14 Cents
- Conservative Entry @ 10 Cents
- TP1 @ 40 Cents
- TP2 @ 60 Cents
CRO 30 Min TA by ChartMasterAI
Let's dive into an in-depth technical analysis (TA) of the CRO/USD 1-hour chart provided, breaking down each element:
Price Action Analysis
Current Price: The price of CRO/USD is at 0.13663, which is down by 21.25% from the previous period, indicating a strong bearish trend.
Trend: The chart shows a clear downtrend, with the price making lower highs and lower lows. This is characteristic of a bearish market where sellers dominate.
Support and Resistance:
Support: The immediate support level is around 0.1300, which has been tested multiple times and could act as a psychological support due to the round number.
Resistance: The resistance is around 0.1500, where the price has previously struggled to break through, acting as a ceiling.
Fibonacci Retracement Levels
The chart includes Fibonacci retracement levels which are used to identify potential reversal points:
0.236 (0.13753): This level has been breached, indicating a deep retracement.
0.382 (0.13521): The price is currently near this level, which could act as a minor support.
0.5 (0.13344): Below the current price, this could be the next support if the price continues to fall.
0.618 (0.13145): A deeper Fibonacci level, potentially significant if the price drops further.
0.786 (0.12881): The deepest level on the chart, indicating a strong bearish move if reached.
Indicators Analysis
Volume:
There's a note that the data vendor doesn't provide volume data for this symbol, which limits our ability to analyze trading activity directly. However, the absence of volume spikes during the downtrend suggests the bearish move might be driven by lack of buying interest rather than heavy selling.
Stochastic RSI (3, 3, 14, close):
Current Reading: -0.00 (extremely oversold).
Explanation: The Stochastic RSI is an oscillator that ranges from 0 to 100, with readings below 20 typically indicating oversold conditions. Here, it's at -0.00, which is beyond the normal range, suggesting an extreme oversold condition. This might indicate that the selling pressure is possibly overdone, and a short-term bounce could be expected. However, in strong downtrends, oversold conditions can persist.
Chande Momentum Oscillator (ChandeMO) (9, close):
Current Reading: -74.12 (bearish momentum).
Explanation: The ChandeMO measures momentum by comparing the sum of gains and losses over a period. A reading below -50 indicates strong bearish momentum. At -74.12, it's deeply in bearish territory, reinforcing the current downtrend.
MACD (12, 26, close):
Current Values: MACD line at -0.00028, Signal line at -0.00009, Histogram at 0.00019.
Explanation: The MACD (Moving Average Convergence Divergence) consists of the MACD line (12-period EMA - 26-period EMA), the Signal line (9-period EMA of MACD), and the histogram (difference between MACD and Signal lines).
The MACD line is below the Signal line, which is a bearish signal.
The histogram turning positive suggests a slight decrease in bearish momentum, but since both lines are negative, the overall trend remains bearish. This could hint at a potential short-term relief rally or consolidation before possibly continuing the downtrend.
Market Sentiment and Potential Scenarios
Bearish Sentiment: The overall sentiment remains bearish given the price action, Fibonacci retracement levels, and momentum indicators. The strong downtrend, lack of significant buying volume (though not shown), and deep oversold conditions in Stochastic RSI with strong bearish momentum in ChandeMO all point towards continued selling pressure.
Short-term Potential: Given the extreme oversold condition of the Stochastic RSI, there's a possibility of a short-term bounce or consolidation, especially if the price hits the support at 0.1300 or the Fibonacci level around 0.13344. However, without a change in the broader trend, this might only be a temporary respite.
Long-term Outlook: For a reversal, watch for:
A break above the resistance at 0.1500 with volume confirmation (if available in future analysis).
Positive divergences in momentum indicators like the MACD or ChandeMO.
A sustained move above key Fibonacci levels, particularly the 0.382 level.
Conclusion
The CRO/USD chart shows a strong bearish trend with potential for short-term relief due to oversold conditions. However, for a more sustainable recovery, more bullish signals are needed. Traders should watch for support levels and look for confirmation from momentum indicators before considering long positions, while bearish traders might look for opportunities to short on any bounces until a clear reversal pattern emerges. Always consider using stop-loss orders to manage risk, especially in volatile markets like cryptocurrencies.
Cronos: Dive!Cronos has dived into our beige Target Zone between $0.1322 and $0.0884 and should soon reach the projected low of the green wave . In our Zone, the coin should succeed in a bullish reversal, and the following impulsive wave should propel the price significantly above the resistance at $0.23. As CRO has fulfilled the minimum requirements for the wave correction by entering our Zone, it might even head above the $0.23 mark immediately.
Cronos $CRO💰 Cronos GETTEX:CRO
Timeframe: W
An altcoin that still has growth potential. The price recently broke through the triangle resistance trendline, suggesting a possible breakout upwards. I’m targeting the area around 1.00.
#CRO #Crypto #Trading #Cryptocurrency #Investing #CryptoNews #StockMarket #Stocks
CRO Chart TA by GrokAI
Analyzing the provided chart for technical insights:
Price Movement: The price has been on an upward trajectory since late December, moving from around $0.14 to testing the $0.1650 level. It's currently facing resistance around $0.1650, as indicated by the price action at this level.
Volume: There's a noticeable increase in volume as the price approaches and tests the resistance level. This could signify strong buying interest or potential selling pressure at this resistance. If the price breaks through with sustained high volume, it could confirm a breakout.
MACD: The MACD shows a bullish crossover with the MACD line crossing above the signal line, but it's quite close to the zero line. This suggests that while bullish momentum is present, it's not particularly strong. A move further above the zero line with increasing histogram bars would strengthen the bullish case.
Stochastic RSI: The Stochastic RSI is overbought, which often signals that an asset might be due for a correction or at least a period of consolidation. However, in strong uptrends, assets can remain overbought for extended periods.
RSI Divergence Indicator: The chart shows bear divergences on the RSI indicator, where the price makes higher highs but the RSI does not, indicating potential weakening momentum. This could precede a price correction if the RSI continues to diverge negatively.
Stock RSI: The RSI is currently at 57.90, which is neither overbought nor oversold, suggesting room for movement in either direction. The RSI has been trending upwards, aligning with the price trend, but the recent bear divergences are a cautionary sign.
Summary: The chart displays a bullish trend with the price testing significant resistance around $0.1650. The volume increase at this level could either confirm a breakout if sustained or indicate potential resistance if it drops off. The MACD supports a bullish view but with caution due to its proximity to the zero line. The overbought Stochastic RSI and RSI bear divergences suggest that despite the bullish price action, there's a risk of a correction or consolidation.
Action: For those considering long positions, look for a confirmed breakout above the resistance with strong volume for confirmation of the upward trend. For potential short positions or taking profits, watch for signs of rejection at this resistance level or if the RSI divergences lead to a price pullback. Always consider your risk management strategy in light of these technical indicators.
Cronos: Target Zone AheadCronos (CRO) has recently been steering a less volatile sideways course. We have identified a beige Target Zone between $0.13 and $0.08, which should catch the low of the ongoing wave in green, thus presenting an opportunity to open long positions. However, if the price directly breaches the resistance at $0.23, we will have to consider the green wave alt. as complete, and the outlined Target Zone will be missed. We assign a 33% probability to this alternative scenario.
#Cronos $CROUSD Is testing a breakout wedge#Cronos CRYPTOCOM:CROUSD is currently testing a significant breakout wedge where it is anticipated to bounce off it.
In case of a daily close below 0.1300 there could be a free fall back to 0.0800
A daily close above 0.2400 is a breakout and will unlock a new zone up to 0.4500
#Cronos #Cro #Crypto #CryptoCurrency #Crypto.com