Key Insights:
- CRO trades at $0.0913, staying locked in a $0.055–$0.12 range since early 2023.
- Only 26.57B of 100B CRO tokens are in circulation, just 27% of the total supply.
- A 47% surge in 24h volume signals short-term interest but no breakout past $0.12 yet.
Cronos (CRO), the token of the Cronos blockchain and Crypto.com ecosystem, has gained renewed market interest in 2025.
After its sharp fall from 2021 highs, CRO is currently moving in a narrow band between $0.09 and $0.12. As it holds this range, many are watching closely to see whether CRO could approach the $1 level before the end of the year.
Market Performance and Key Trading Zones
CRO is trading around $0.0913 on major exchanges, with repeated resistance at $0.12. This level aligns with the neckline of a double bottom on the weekly chart. Breakouts from this pattern often suggest a trend reversal, though confirmation is still pending.
Recent intraday gains from $0.0865 to $0.0921 were backed by a 47% jump in trading volume. This points to increased short-term buying activity.
However, the token remains below earlier resistance levels of $0.1210 and $0.1320, limiting near-term breakout hopes.
Since early 2023, CRO has stayed within a broad range between $0.055 and $0.12. The lack of momentum in either direction signals caution among traders. Most are waiting to see if the price can hold above $0.09 or break beyond $0.12 with strong volume.
Chart Patterns and Technical Signals
Weekly technical indicators show uncertain sentiment. The MACD is still below the signal line, and the histogram is slightly negative. This suggests weak momentum but also a potential pause in selling pressure, as the histogram is flattening.
The RSI is around 45.70, which is below the 50 neutral mark. This shows that bearish momentum continues, though the recent slight rise in the RSI may point to a shift if supported by volume.
The double bottom near $0.055 to $0.06 formed in late 2022 and early 2023 remains a key pattern. Its neckline at $0.12 is acting as strong resistance. A breakout and close above this level may confirm the pattern, which would open the door to higher price levels.
Until such a move happens, the current range holds the token in a sideways trend, with market activity largely reactive to broader crypto sentiment.
Token Supply and Market Valuation Remain in Focus
CRO has a total supply of 100 billion tokens, but only 26.57 billion are in circulation. This means just over one-quarter of the total supply is actively traded. The remainder could enter the market later, which could influence future price pressure if released.
Its current market capitalization is about $2.42 Billion, while the fully diluted valuation stands at $9.11 Billion. This difference shows that the market is pricing in current utility and adoption, but future unlocks could affect this balance.
A 47% rise in 24-hour trading volume signals renewed attention. This volume spike may be due to technical rebounds or accumulation, but it is not yet enough to confirm a trend reversal. Sustained high volume, especially on breakout days, will be essential for any long-term rally.
Can CRO Reach $1 by the End of 2025? Key Levels to Watch
CRO has to increase its value by more than 1,000%, with the current value to reach $1 in the year 2025. It would probably need, for instance, a major bull run in the crypto market or mass adoption of the Cronos blockchain. Analysts are actually paying attention to city long-term outlooks prior to such key constraints.
The next levels to consider based on Fibonacci retracement are $0.1376 and, if it goes further, $0.1611 as soon as the CRO price pole vaults to over $0.12. These have been serving as an anti-zone in the past. There was even a breakout from there, and if this repeats itself, CRO could remain in a consolidation phase as of early May 2025.
Volume and price behaviors by the market do not indicate any robust confirmation of a notable trend, and performances are still focused around a $0.12 resistance level. As long as this level has not been broken with such a bearish fashion, the near-term outlook remains neutral and Sideways.