CRO's price action has trended downwards in recent times but this support level could be key to a price reversal.
Cronos (CRO) has been consistently trending downwards over the past month after hitting a major price barrier at $0.1144. However, its recent price action along with signals from on-chart indicators suggest a reversal might be imminent.
Despite the Bitcoin ETF launch, the crypto market continued to experience a lull with several cryptocurrencies including Bitcoin recording sustained price dips.
Bitcoin's dip below a key support hinted at a return of selling pressure for BTC's spot market.
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