Cronos (CRO) Down 0.04% Monday: What's Next?

Monday, January 30, 2023 11:46 AM | InvestorsObserver Analysts

Cronos (CRO) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the Payment Tokens has dropped 3.59% to $0.0791576011.

InvestorsObserver is giving Cronos a 22 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cronos!

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Low Volatility

InvestorsObserver gives Cronos a low volatility rank of 22, placing it in the bottom 22% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. CRO's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Cronos price is trading near resistance. With support around $0.0771015848988556 and resistance set at $0.0792202245468163. This positions Cronos with potential selling pressures ahead as it may be getting over extended.