- CRO bulls charge ahead, pushing the price to a 6-month high at $0.07669 amid solid market sentiment.
- Increased trading volume and market capitalization suggest a growing interest in CRO, with $0.08 as the next resistance level to watch.
- Overbought signals on MFI and stochastic RSI hint at potential price correction in the CROUSD market.
Bullish momentum in the Cronos (CRO) market has been robust in the previous 24 hours, with bulls driving the price from a low of $0.07146 to a 6-month high of $0.07669. This price gain may be ascribed to positive market sentiment and increased purchasing pressure from investors who believe bulls will continue to dominate the market.
As a result, at press time, CRO was trading at $0.07668, up 6.71% from the intraday low, as per CoinStats.
This positive trend has been bolstered by substantial trading volume, showing considerable market involvement and interest in CRO. Significantly, CRO market capitalization and 24-hour trading volume increased by 6.72% and 78.07%, respectively, to $1,937,239,000 and $19,743,714. If the CRO bulls can break over the $0.07669 resistance, …
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