CRO Price Eyes Breakout as Double Bottom and Golden Cross Align

The CRO price has caught the community’s attention as it is flashing a classic double bottom pattern on the 4-hour chart, backed by a golden cross on the daily. With momentum surging from a multi-year support zone and strong gains in July, bulls now eye $0.157 as the next key level in sessions ahead.

Double Bottom Pattern Signals Momentum Shift

The recent action in the CRO price chart has formed a clear “W” shape pattern which is interpreted as the double bottom sighted on the 4-hour timeframe, per a recent post on X. 

This pattern often indicates a potential bullish reversal, especially when followed by rising volume or trend continuation signals. The CRO price has climbed over 80% in July, bouncing from lows near $0.08 to touch $0.1439.

Notably, this rally emerges from a multi-year support zone, giving more strength to the ongoing move. But resistance lies ahead. The Cronos token has encountered a brief pause around $0.1450, a level that needs to flip into support if bulls intend to test higher zones like $0.157, the price target suggested in the 4H analysis.

Golden Cross and Bullish EMAs on the Daily Chart

Adding to the bullish structure is the golden cross visible on the daily timeframe, where the 50-day EMA has crossed above the 200-day EMA. Historically, this crossover often acts as a momentum trigger and reinforces broader optimism in trend continuation.

In the case of Cronos, this setup aligns with increased buyer interest and strengthens the Cronos price forecast for higher levels.

Meanwhile, the Cronos price today holds strong with a market cap of $4.70 billion and $100.01 million in 24-hour spot trading volume, suggesting healthy liquidity to support further moves.

Weekly Chart Shows Symmetrical Triangle, $1 in Sight?

On the weekly chart, Cronos appears to be forming a symmetrical triangle pattern. The price has obeyed a multi-year descending resistance trendline, while simultaneously holding onto an upward-sloping support trendline. 

The current price action near the $0.145 zone now represents a make-or-break moment. Should CRO break to the upside from this consolidation, $1 could become a realistic year-end target, according to a separate observation shared on X. 

However, if resistance holds and the price fails to break out, consolidation within the symmetrical triangle could continue, potentially delaying any aggressive upside movement.

This puts the spotlight squarely on the CRO price USD performance in the coming sessions. A decisive move either way could define Cronos’ direction for the rest of 2025.

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