Cronos (CRO) Rises 3.51%, Underperforms the Crypto Market Wednesday

Wednesday, August 10, 2022 03:35 PM | InvestorsObserver Analysts

Cronos (CRO) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Payment Tokens has gained 3.51% to $0.1494268221.

InvestorsObserver is giving Cronos a 25 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cronos!

See Full Report

Moderately Volatile

InvestorsObserver gives Cronos a moderate volatility rank of 25, placing it in the bottom 25% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. 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 around $0.141271658155014 and resistance around $0.149779327127029. This positions Cronos with potential selling pressures ahead as it may be getting over extended.