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Is Cronos (CRO) in Final Accumulation Before a Bullish Reversal? This Fractal Pattern Saying Yes!

Is Cronos (CRO) in Final Accumulation Before a Bullish Reversal? This Fractal Pattern Saying Yes!

CoinsProbeCoinsProbe2025/07/08 13:05
By:Nilesh Hembade

Date: Tue, July 08, 2025 | 10:15 AM GMT

As Q3 kicks off, the cryptocurrency market continues its impressive rally from Q2. Ethereum (ETH) is leading the charge, trading near $2550 with strong 73% gains in the last 90 days. Riding this momentum, many altcoins are setting up for potentially big moves — and Cronos (CRO) is showing one of the most promising technical structures right now.

CRO is currently in the red over the last few months and notably lagging behind in altcoins, but beyond the red candles, what’s catching more attention now is the striking fractal pattern — a setup that has previously led to explosive moves in the past.

Is Cronos (CRO) in Final Accumulation Before a Bullish Reversal? This Fractal Pattern Saying Yes! image 0 Source: Coinmarketcap

Fractal Suggests Bullish Reversal Ahead

The daily chart of Cronos (CRO) suggests a potentially powerful bullish reversal brewing beneath the surface, based on a repeating fractal structure supported by accumulation behavior, a descending trendline, and the 100-day moving average.

Since late 2023, CRO has respected a broad green accumulation zone roughly between $0.071 and $0.081. Each time price revisited this zone, it attracted strong buying interest, leading to significant rallies. The first such move occurred in early November 2023, resulting in nearly a 97% gain. A similar breakout followed in November 2024, delivering an even more explosive 184% upside move. These historical surges followed a familiar sequence: extended sideways price action, followed by a breakout above a descending resistance trendline, and then a clean break and hold above the 100-day moving average.

Cronos (CRO) Daily Chart/Coinsprobe (Source: Tradingview)

CRO now appears to be replaying this pattern for the third time. Price is once again compressing into the upper bounds of the accumulation zone while trading under a well-defined descending trendline.

What’s Next for CRO?

Currently, CRO is hovering near the upper end of the accumulation range and remains just below the 100-day moving average, which is acting as dynamic resistance around $0.0915. If bulls can reclaim this level with conviction and price breaks the descending trendline, it would mirror the previous two fractal breakouts and likely spark a sharp rally. In that case, upside targets could extend toward the $0.30 level or even higher depending on the volume surge and overall market sentiment.

On the other hand, failure to hold above the $0.071–$0.081 zone could delay the bullish fractal and trigger further downside.

Until then, CRO remains a high-risk, high-reward candidate for bullish traders watching this classic breakout sequence take shape once again.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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