Hello, welcome to this CRO/USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Cronos (CRO) continued to move away from a recent three-month low on Friday, after rising for a second straight session.
After trading at a bottom of 0.05072 on Thursday, CRO/USD surged to a peak of 0.05291 earlier in the day.
This move comes as Cronos bulls managed to avoid a full breakout below a support point at 0.0495.
One reason for this was the stability of the support point of 34.00 on the relative strength index (RSI).
the index is now tracking at 49.60, with the next point of resistance around 52.00.
In the event that price strength climbs beyond this point, CRO will most likely be trading around 0.05500.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
CHART ANALYSIS:- Cronos (CRO) continued to move away from a recent three-month low on Friday, after rising for a second straight session.
After trading at a bottom of 0.05072 on Thursday, CRO/USD surged to a peak of 0.05291 earlier in the day.
This move comes as Cronos bulls managed to avoid a full breakout below a support point at 0.0495.
One reason for this was the stability of the support point of 34.00 on the relative strength index (RSI).
the index is now tracking at 49.60, with the next point of resistance around 52.00.
In the event that price strength climbs beyond this point, CRO will most likely be trading around 0.05500.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
