CRO rallies over 35% amid Trump-linked ETF hype, how high can it go?

CRO broke out of its consolidation phase of several weeks following new developments within its ecosystem and the announcement of potential ETF plans.

Cronos (Cro), increased by 38% to an intra-day summit of $ 0.114 on March 25 afternoon, the Asian time, because it broke out of its consolidation range from $ 0.07 to $ 0.095 in which it was stuck in the last 4 weeks. Its market capitalization was seated at 2.26 billion dollars, while its daily negotiation volume has skyrocketed by more than 1,300% to almost $ 300 million in a large influx of commercial activities.

Today’s earnings followed reports That Trump Media & Technology Group, the mother company of Truth Social, has concluded a non -binding partnership with Crypto.com to launch a new range of products negotiated on the stock market under the Truth.Fi brand.

These future FNB and FTE should include cryptocurrencies like Cro and Bitcoin alongside traditional titles that highlight a theme “Made in America”, affecting industries such as energy, manufacturing, etc.

Investors are excited because the initiative seems to be in the wider strategy of Crypto.com, which includes plans to file An ETF CRO dedicated later this yearProbably in the fourth quarter.

Meanwhile, the Altcoin also recovered the traction because the project is planned for an upgrade of Mainnet tomorrow, March 26, at 7:00 am UTC.

THE upgrade will introduce SMART SSO account, allowing users to connect with Google, Apple or Email ID, eliminating the need for seed sentences or private keys. He also lays the basics of the ZK bridge, which should improve transverse interoperability for ZK-Rollup channels.

Derivative merchants accumulate in the CRO, with an open interest in its long -term market, more than $ 44 million in a single day, depending on Coiinglass. Social feeling has also become positive, with Trendy CRO on X.

Market commentators are optimistic about the long -term perspectives of the token. A member of the community foreseen A potential increase to $ 3, a gain of more than 2,600% compared to current levels.

Another anonymous analyst, CW8900, noted that a break higher than the brand of $ 0.235 could trigger a full -fledged bull race for CRO.

CRO technical analysis

The technical indicators also indicate more gains to come to come.

On the graph at 1 day / USDT, CRO has exceeded the exponential medium -sized moving of 50 days and 200 days, a sign of construction of a sustained bullish reversal.

The MacD line crossed the signal line with the two pointing upwards while the Chaikin monetary flow index gradually moved to the neutral line, which indicates that the purchase of the pressure accumulates and that capital or cool funds are starting to flow into the assets.

Therefore, the next target possible for CRO is the psychological resistance of $ 0.15, a key level which could act as a short -term obstacle. A rupture above this area could give the bulls the confidence necessary to push further, potentially to the aim of 0.214 of December of CRO as the next major increase target.

However, Community backlash The reissue of Crypto.com of 70 billion chips CRO previously burned has raised questions about transparency. If the situation degenerates more, it could calm or even reverse the current bullish momentum.