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Cronos (CRO) Up 0.82% Friday: What's Next?

Friday, August 05, 2022 02:50 PM | InvestorsObserver Analysts
Cronos (CRO) Up 0.82% Friday: What's Next?

Cronos (CRO) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Payment Tokens has gained 0.82% to $0.1429719552.

volatility - 25
InvestorsObserver is giving Cronos a 25 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 25, placing it in the bottom 25% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. CRO's moderate volatility reading comes 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 in a good position going forward. With support near $0.139323378390422 and resistance around $0.145474503225436. This leaves Cronos with room to run before facing selling pressures.

What is a Token?

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

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