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Cronos (CRO) Rises 6.24% Monday: What's Next for This Bullish Rated Crypto?

Monday, December 04, 2023 10:26 AM | InvestorsObserver Analysts
Cronos (CRO) Rises 6.24% Monday: What's Next for This Bullish Rated Crypto?

Cronos (CRO) gets a bullish rating from InvestorsObserver Monday. The Digital Money asset is up 6.24% to $0.09682366036 while the broader crypto market is up 3.42%.

Sentiment Score - ,
Cronos has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Cronos!

Bullish

Over the last five days, Cronos has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Cronos over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Cronos is currently trading near its midpoint for the past five-days. The Digital Money asset is 2.94% off its five-day high and is 9.44% higher than its five-day low of $0.0884727612137795.

Cronos price is currently above resistance. With support set around $0.090386282286989 and resistance at $0.0926421318272226, Cronos is potentially in a volatile position if the rally burns out.

Cronos has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Cronos

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