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Cronos (CRO) Down 0.06% Thursday: What's Next?

Thursday, June 30, 2022 06:58 PM | InvestorsObserver Analysts
Cronos (CRO) Down 0.06% Thursday: What's Next?

Cronos (CRO) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Payment Tokens has fallen 6.2% to $0.1106446259.

volatility - 32
InvestorsObserver is giving Cronos a 32 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cronos!

Moderately Volatile

InvestorsObserver gives Cronos a moderate volatility rank of 32, placing it in the bottom 32% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. CRO's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Cronos price is trading near resistance. With support set at $0.106539590630915 and resistance near $0.111256538305667. This leaves Cronos with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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