• Cronos (CRO) has made onto CoinMarketCap’s trending list and is currently occupying the 12th spot.
• CoinMarketCap also lists CRO among the 50 most valuable coins.
• The 100-day EMA was below the 50-day EMA.

Cronos (CRO) has made it onto CoinMarketCap’s trending list and is currently occupying the 12th spot after a 7.76% drop in the last 24 hours. CRO is now in 11th place, behind Curve DAO Tokens (CRV), and Fantoms (FTM) 13th.

CRO is also in CoinMarketCap’s list of top 50 biggest crypto market caps, and is currently occupying the 20th position right behind NEAR Protocol (NEAR) in the 19th position.

CRO suffered a sharp 27.45% decrease in its price over the week. This is on top of the 7.76% decline within the last 24 hour. Its price has fallen 39.37% in the past month, making it a difficult investment.

CRO’s price currently stands at $0.2924. This is equivalent to 0.00007601 BTC/0.000103 ETC. The highest CRO price in the past 24 hours was $0.3175

Looking at CRO’s market capital, it totals $7386,000018,684 and is accompanied by $228,845,331 in trading volume over the past 24 hours. Thus, trading volume is down by 11.05%.

The daily chart shows that the price of CRO is going bearish. Source: TradingView

The daily chart of CRO/USDT shows that the 50 EMA crossed under the 100 EMA. It is a very significant crossing that indicates a bearish trend. The price plummeted to $0.2783 when the 50 and 100 EMA crosses on the daily chart at the 18th April. This was after a spike in volume.

At the time of writing, it seems that bulls are seizing this opportunity and have already bought in to push the price up to 0.2978.

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