Here's Why CRO is Still Warming Up | Credit: Hameem Sarwar
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Key Takeaways
Cronos (CRO) bounced at the $0.20 horizontal support area.
The CRO price is creating a bullish engulfing weekly candlestick.
Is the CRO correction over, and can the price reach a new cycle high?
Cronos (CRO) fell for four straight weeks, but the tides are gradually turning.
The price action shows a retest at the previous breakout level, which, if successful, could lead to a significant rally.
While the trend reversal is not yet confirmed, CRO will likely continue bouncing if the daily and weekly analyses are correct.
With that in mind, let’s examine the charts and determine what lies ahead for the rest of the year.
CRO Retests Breakout
The weekly technical analysis reveals that CRO has traded below the $0.200 horizontal resistance area for over three years.
This all changed in August 2025, when the CRO price surged by more than 100% in a week, reaching a high of $0.387.
Even though the CRO price has fallen significantly since, it still trades above its breakout level, so the decline is likely a retest rather than a trend reversal.
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Despite the ongoing decline, momentum indicators have not yet turned bearish.
The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) have declined but remain above their bullish levels of 50 and 0, respectively.
As a result, the CRO prediction remains bullish unless the price closes below the $0.200 horizontal area, which seems unlikely.
Will CRO Keep Going Up?
The wave count confirms the bullish CRO prediction for the rest of 2025, suggesting that new highs are likely.
According to the count, the CRO price completed its initial five-wave increase between September 2023 and February 2024.
The CRO price prediction for the rest of 2025 is bullish. Based on the long-term price action and wave count, the correction appears to have ended, and new highs are likely to follow.
As long as the CRO price remains above the $0.200 horizontal area, the price is likely to continue increasing.
The first targets for the rally’s top are at $0.395 and $0.609, respectively.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
