financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
CRO Breaks Out With Momentum — Will the $0.18 Target Fall Next?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CRO Breaks Out With Momentum — Will the $0.18 Target Fall Next?
Jul 18, 2025 10:10 AM

TL;DR

CRO rocketed above $0.1, holding gains inside a rising channel with resistance near $0.18. ETF listing news and SEC case closure drew fresh interest from traders and institutions alike. Price indicators remain bullish, though the current RSI suggests a short break may come first.

CRO Holds Above Key Breakout Level

Cronos (CRO), the native token of Crypto.com, traded at $0.12 at press time, up 10% over the past 24 hours and 23% in the last week. The price moved above the $0.0986 level, which had held as resistance for several months. CRO now trades within a rising channel, with the next key resistance near $0.18.

Interestingly, the token reached a recent high of $0.133 before easing slightly. A pullback to the $0.0986–$0.1060 zone may follow. This area now acts as support and could be retested before the price moves higher. The structure remains bullish as long as this support level holds.

Indicators Suggest Trend May Continue

The MACD shows a crossover, with the main line above the signal line and a positive histogram. This reflects momentum staying with buyers. The RSI stands at 81, which is above the typical overbought level. A short pause or minor drop may occur as a result.

Source: TradingView Additionally, the Supertrend indicator turned green, which aligns with the breakout. The current support from Supertrend sits near the $0.1 mark, in line with recent structure. These indicators show the trend is strong, though a cooling period is possible before the next move.

CRO Gains Attention on ETF News

CRO rose nearly 18% after news broke that it could be included in a new exchange-traded fund. The proposed ETF, backed by Trump Media Technology Group, would track five assets: Bitcoin, Ethereum, Solana, XRP, and Cronos. If approved, CRO would hold a 5% share. 

The US SEC also closed its review of Crypto.com earlier this year without action. That update removed legal pressure and may have supported investor confidence. In May, 21Shares listed a Cronos ETP on Euronext Paris and Amsterdam, expanding access in Europe.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Important Binance Announcement Affecting Certain XRP, ADA, and DOGE Traders: Details
Important Binance Announcement Affecting Certain XRP, ADA, and DOGE Traders: Details
Nov 15, 2024
TL;DR Binance launched a special promotion on specific JPY trading pairs, potentially aiming to attract Japanese traders and boost activity. This move coincided with a substantial surge in the assets’ prices. Benefits to These Traders The worlds biggest crypto exchange launched a zero-fee trading promotion for all users on the ADA/JPY, DOGE/JPY, and XRP/JPY spot trading pairs. The promotion period...
Major Win for Elon Musk in $258 Billion Dogecoin Market Manipulation Lawsuit
Major Win for Elon Musk in $258 Billion Dogecoin Market Manipulation Lawsuit
Nov 15, 2024
The major lawsuit against the future leader of the Department of Government Efficiency (D.O.G.E) will end soon, at least according to the most recent filings by both sides lawyers. Those representing the investors who sought a $258 billion payout withdrew their appeal from an earlier ruling by Judge Hellerstein, who sided with Teslas CEO in August 2024. Recall that the...
3 Reasons Why Bitcoin (BTC) Dumped by $4K Daily, But the Worst Could Be Over
3 Reasons Why Bitcoin (BTC) Dumped by $4K Daily, But the Worst Could Be Over
Nov 15, 2024
It was somewhat inevitable that bitcoin will eventually retrace after it skyrocketed by more than $25,000 in about a week to tap a fresh all-time high of $93,800 on Wednesday. Here are some of the potential reasons why the asset tumbled from $92,000 on Thursday to under $87,000 on Friday morning. Bitcoin/Price/Chart 15.11.2024. Source: TradingView Miners, Whales Selling The first...
Argentina’s President Advocates for Clear Division of Crypto and State
Argentina’s President Advocates for Clear Division of Crypto and State
Nov 15, 2024
President Javier Milei recently advocated for maintaining a separation between cryptocurrency and state control. Speaking at Meta Day Argentina, an event held at the Palacio Libertad Domingo Faustino Sarmiento, Milei criticized central bank digital currencies (CBDCs) and advocated for the private management of cryptocurrencies, warning against government overreach. Opposition to CBDCs and State Control In his speech, the president declared,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved