Cronos (CRO) is moving in an upward direction and is eyeing a surge in its value, in line with the entire crypto market. CRO is currently forming a reversal pattern, which was previously observed in 2021. The strong momentum from this point may lead to a maximum resistance zone around $1.
At the time of writing, CRO is trading at $0.1591 with a 24-hour trading volume of $35.87 million and a market capitalization of $5.34 billion. The CRO price over the last 24 hours is up by 3.36%, and over the last week it is also up by 3.67%, showing high potential for the next major rally.
CRO Accumulation Zone Signals Path to $1 Breakout
Cronos’ native token, CRO, is generating buzz since its current chart configuration at the weekly time frame is identical to that observed in 2021, at which time the token went up from $0.20 to almost $1. Now, in 2025, the token is once again trading in the $0.20 range, sparking speculation that history is about to repeat itself.
CRO, during 2021, consolidated several weeks around this very same price area before breaking out into a robust rally founded upon exchange marketing, growing adoption, and overall retail enthusiasm. The breakout made CRO one of the top-performing stocks of the bull cycle, with a nearly fivefold growth of valuation within months.
Today’s charts see a similar accumulation zone developing, with analysts pointing out that the technical structure on the weekly chart is practically the same one that preceded the explosive move. Traders suggest that, should momentum be supportive of positive market conditions, such as Bitcoin bullishness and renewed liquidity, CRO may be due for another big rally.
The crypto market is unpredictable, and history doesn’t always tend to repeat itself. However, the resemblance of the 2021 breakout to the current configuration had market observers watch with bated interest. If $0.20 becomes another mythic launchpad or just another resting place, CRO has once again become the focus of market rumoring.
