Cronos Price Prediction for Today, February 21: CRO/USD Targets $0.100 Resistance Level

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The Cronos price prediction manages to maintain its position as the coin crosses above the upper boundary of the channel.

Cronos Prediction Statistics Data:

  • Cronos price now – $0.089
  • Cronos market cap – $2.2 billion
  • Cronos circulating supply – 25.2 billion
  • Cronos total supply – 30.2 billion
  • Cronos Coinmarketcap ranking – #31

CRO/USD Market

Key Levels:

Resistance levels: $0.100, $0.105, $0.110

Support levels: $0.075, $0.070, $0.065

Cronos Price Prediction for Today, February 21: CRO/USD Targets $0.100 Level
CROUSD – Daily Chart

CRO/USD undergoes a much-needed break to the positive side as the market opens today. The Cronos price is currently posting gains of over 7.32% within the chart, with the coin aiming to cross above the upper boundary of the channel at $0.093.

Cronos Price Prediction: Cronos Could Move to the Upside

The Cronos price 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.

At 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.

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.

CROUSD – Daily Chart

However, sliding below the 9-day and 21-day moving averages could refresh lows under 330 SAT, and a possible bearish continuation may likely meet the critical support at 300 SAT and below while the buyers may push the coin to the potential resistance level of 420 SAT and above as the technical indicator Relative Strength Index (14) moves to cross above the 60-level, suggesting more bullish signals.

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The Cronos price is trading well within the channel and if the coin creates more additional uptrends, it will be technically and fundamentally ready to break above the $0.100 level. Meanwhile, Fight Out has proved to be one of the most promising cryptocurrencies after effectively targeting the gaps in the Move-to-Earn industry to provide a customer-driven approach. Smart traders are to invest in FGHT as soon as possible to reap its many advantages for their physical and financial well-being as about $5 million has been raised so far in the ongoing presale.

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